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:

• Supervise the recording, monitoring, and reconciliation of project-related expenses and costs.

• Review and verify project cost transactions, including materials, labor, equipment, subcontractor payments, and other expenditures.

• Monitor actual project costs against approved budgets and investigate significant variances.

• Prepare and review project cost reports, expense summaries, and financial statements for management review.

• Ensure proper allocation of project costs to appropriate projects, cost centers, and accounts.

• Coordinate with Project Management, Procurement, and Engineering departments to validate project expenses.

• Review invoices, billing statements, payment requests, and other financial documents for accuracy.

• Monitor project advances, accounts payable, and contractor billings.

• Conduct regular reconciliations of project cost accounts and investigate discrepancies.

• Assist in project budget monitoring, cost forecasting, and financial analysis.

• Ensure compliance with company policies, accounting standards, and applicable tax regulations.

• Supervise, train, and evaluate project cost accounting personnel.

• Support internal and external audits with accurate cost records and supporting documentation.

Qualifications:

• Bachelor’s degree in Accountancy, Accounting Management, or a related field.

• Certified Public Accountant (CPA) is an advantage. 

• At least 3 to 5 years of relevant experience in project accounting, cost accounting, or general accounting, preferably inreal estate development or construction.

• Strong knowledge of project cost monitoring, expense allocation, account reconciliation, and financial reporting.

• Proficient in Microsoft Excel and accounting systems or ERP software.

• Strong analytical, organizational, and leadership skills with experience supervising accounting personnel.

Interested candidates may send their updated CV toshenna@thevitogroup.com