Project Accountant - Medui

Please Quote Reference:PB201593Closing Date for Applications:29 April 2015Position:Project Accountant - MedupiCompany:Parsons Brinckerhoff Africa (Pty) Ltd - Finance DepartmentCompany Profile:Parsons Brinckerhoff is a professional engineering consultancy with 14,000 employees who work in approximately 150 offices around the world. We assist public and private clients to plan, develop, design, construct, operate and maintain critical infrastructure projects globally. Parsons Brinckerhoff is owned by WSP Global Inc. In Africa we have 5 offices and employ approximately 400 people.Geographic Location:Bryanston, Gauteng province, South AfricaIndustry:Engineering Consulting and Power GenerationDuration:PermanentPosition Summary:Parsons Brinckerhoff is seeking a Project Accountant to provide project control and contract administration on projects and bids within the divisions, in particular: Contract Administration, Planning & Scheduling, Cost Control, Billings & Collections. The incumbent will also be accountable for monitoring the progress of projects and investigating variances in cost and revenues as well as working directly with Project Managers, Bid Managers and Divisional Directors in delivering projects on time and within budget. Provide Commercial/Financial sign off to confirm accuracy and compliance with process and policy, ensuring projects have valid forecast PFS's prior to period end. Actively strive to reduce DSO, raise legitimate VO's on existing projects and ensure financial governance within Project Accounting. Reporting to the Project Accounting Manager.Responsibilities:Contract AdministrationReview of contractMonitor contract complianceProject setup within Oracle, maintenance, reporting and closureWith the assistance of a Financial Analyst, ensure that each project is funded in accordance with signed contractsPreparation of sub-consultant agreements and inter-company task ordersAssist in preparation and periodic review and updating project risk registersRegular client interfacePlanning and Schedule ControlPreparation of Schedule and Work Breakdown Structure (WBS) in conjunction with Project Managers, contract and system requirementsMonitor schedule throughout project, highlighting deviation from planAssist in preparation of Work Breakdown Structure and financial forecasts for bidsCost ControlAnalyse all project costs, ensuring the correct allocation of such costs, taking action to correct any misallocated itemsWork with Project Managers in updating "forecast cost to completion" on projects on a periodic basisDevelop robust project financial projections in conjunction with the Project Manager for each period end, as well as for annual budgets and quarterly forecastsEnsure a valid finance summary/PFS is available for own portfolio of projectsMonitoring project financial performance against budget and identify potential Variation OrdersAssist in negotiation of Variation OrdersReview cost/revenue variations on projects and report reasons for changePerform variance analysis of actual performance against budget/forecast and provide business reasons for variancesBillings and CollectionsTrack unbilled costsPreparation of invoices in line with payment terms within contractProduce invoice schedulesMonitor cash flow and expedite aged debt directly with clientsConfer with Receivables staff regarding unpaid contract billingsActively monitor and co-ordinate efforts to reduce DSO within the business areaQualityEnsure compliance with PB Business Management System through the life cycle of the projectInternal project auditProvide details for external auditReportingRegular reporting to Project Managers and Divisional Directors, including but not limited to:Review and update of WIP schedule each periodMonitor and report on projectsReview and update of aged debt reports, outlining key actionsMonitor and report on projects with high level of WIPReport financial risks and opportunities on business areas portfolio of projectsCo-ordination of in-month review data from Project ManagersHealth and SafetyRole model standards for SHEQ performance and behaviour consistent with the company's health, safety, environmental and quality vision and policies by influencing those around youContribute to the identification of SHEQ risks and driving processes to achieve Zero HarmEmbrace, display and promote the company values and ensure a safe working environment is maintained at all timesMaintain BBGAP/DNV certification and ensure full compliance in line with your job levelInternal ContactsPBA Finance DirectorProject Accounting ManagerPBA Finance Manager - Management AccountingPBA Finance Manager - Financial AccountingBusiness Unit Managers and staffAll Project ManagersFinance StaffExternal ContactsClient StaffExternal AuditorsAuthority levelsIn accordance with the PB Authorities Manual and relevant Business Unit Procedures.Remuneration:Market related and highly negotiable TCTCDisclaimer and Basic Requirements:South African citizenship is a pre-requisiteRelevant previous experience is essentialCommunication will be with short-listed candidates only - if you do not receive any feedback on your application within 3 weeks, please consider your application unsuccessfulParsons Brinckerhoff Africa reserves the right not to proceed with an appointment of any advertised roleAll appointments will be made in line with Parsons Brinckerhoff Africa's Employment Equity Plan and PoliciesAll enquiries and applications will be treated confidentiallyNo enquiries or unsolicited resumes from recruiting agencies or head hunters will be acknowledged or considered, unless they were mandated by Parsons Brinckerhoff Africa to assist with this requirementJob RequirementsQualifications, Competencies and Experience:Degree or other relevant academic qualification (Business & Finance/Accounting/Commercial) would be advantageousCIMA would be advantageousRelevant project and financial experience, preferably within a commercial or financial backgroundProficient with Microsoft Word, Excel and Outlook (Intermediate to Advanced)Sound knowledge and relevant experience of Oracle Project AccountingKnowledge of the project structure in a client/consultant business environmentBe commercially conscious, detail orientated and able to offer commercial guidance and support to directors, project and bid managers, having an advanced knowledge of PB Systems, processes and policies.Strong service orientationGood inter-personal skills, work well with teams, and have strong organizational skillsGood team player, demonstrating flexibility and commitmentConfident, forward-thinking and be able to facilitate relationshipsProven ability to communicate at all levels, both internally and externally, coupled with good presentation skillsGood time management, with the ability to multi-task and achieve goals, deliverables and strict deadlines with minimal supervisionAbility to work independently, take initiative, set priorities and see projects through to completionAn excellent work ethic, with integrity and above-average resilience
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