Apply to Cost Accounting Supervisor
Job Summary:
The Project Cost Accounting Supervisor is responsible for overseeing project cost accounting activities, ensuring the accuracy of project-related financial records, monitoring construction and development expenditures, and preparing cost reports to support management decisions.
Key Responsibilities:
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Supervise the recording, monitoring, and reconciliation of project-related expenses and costs.
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Review and verify project cost transactions, including materials, labor, equipment, subcontractor payments, and other expenditures.
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Monitor actual project costs against approved budgets and investigate significant variances.
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Prepare and review project cost reports, expense summaries, and financial statements for management review.
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Ensure proper allocation of project costs to appropriate projects, cost centers, and accounts.
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Coordinate with Project Management, Procurement, and Engineering departments to validate project expenses.
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Review invoices, billing statements, payment requests, and other financial documents for accuracy.
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Monitor project advances, accounts payable, and contractor billings.
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Conduct regular reconciliations of project cost accounts and investigate discrepancies.
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Assist in project budget monitoring, cost forecasting, and financial analysis.
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Ensure compliance with company policies, accounting standards, and applicable tax regulations.
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Supervise, train, and evaluate project cost accounting personnel.
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Support internal and external audits with accurate cost records and supporting documentation.
Qualifications:
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Bachelor’s degree in Accountancy, Accounting Management, or a related field.
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Certified Public Accountant (CPA) is an advantage.
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At least 3 to 5 years of relevant experience in project accounting, cost accounting, or general accounting, preferably in real estate development or construction.
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Strong knowledge of project cost monitoring, expense allocation, account reconciliation, and financial reporting.
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Proficient in Microsoft Excel and accounting systems or ERP software.
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Strong analytical, organizational, and leadership skills with experience supervising accounting personnel.
Interested candidates may send their updated CV to shenna@thevitogroup.com