Project accountant

Insiteful Solutions

Job Summary

Reporting directly to the Head of the institution, the Project Accountant will be responsible for maintaining accurate accounts and records relating to funds from international multi-lateral agencies and funds earmarked for specific projects. S/he will ensure that all financial transactions comply with set policies and procedures, international and local financial standards, and internal controls.

  • Minimum Qualification: HND
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description

Insiteful Solutions - Our client, a highly reputed regional higher education institution based in Abuja, Nigeria with a significant student population drawn from several other African countries, is seeking to recruit a highly motivated and self-driven professional to fill the position above.

Principal Accountabilities

  • Ensuring timely input of data required for preparation of monthly financial statements; checking completeness and validity of payments before posting into general ledger.
  • Ensuring availability of relevant information for the preparation of balance sheets in a timely manner, as will be stipulated in the terms of engagement
  • Preparation of Projects periodic Financial Reports, Statement of Expenditures (SOE) and accounts replenishments.
  • Managing, updating and reconciling all project accounts
  • Ensure that project expenditures are in compliance with the appropriate donors policy and regulations.
  • Monitor the financial and budget- implementation of project work plans and provide on regular basis an informed report to the management.
  • Periodic reconciliation of applicable bank accounts and creditor/debtors accounts to ensure their correctness and give recommendations on how to resolve any differences
  • Checking all payments from project accounts to ensure accuracy and that all amounts are accounted for
  • Ensure that Receivables and Payables are duly recorded and followed up on for prompt settlement
  • Develop, maintain, and analyse budgets, preparing periodic reports that compare budgeted costs to actual costs.
  • Prepare payments by verifying supporting documentation, obtaining payment authorization and preparing payment advice/cheques.
  • Monitoring and reinforcing internal controls and any other duties that may be assigned from time to time

Key Skills and Qualifications

  • Chartered Accountant (Associate/Fellow/Member of the Institute of Chartered Accountants of Nigeria (ICAN) or its international equivalent) with a minimum of Bachelor's Degree in Accounting or Finance
  • At least 3 years’ experience working with project funds from donor agencies and multi-lateral organizations
  • Knowledge of at least two major accounting software packages
  • Knowledge of IPSAS standards and procedures for financial reporting
  • Must be willing to periodically work outside normal office hours


  • A competitive total-cost-to-employer benchmarked on current market rates.


  • Only shortlisted candidates will be contacted. Therefore, if you have not received a response by 31st October, 2018, please consider yourself as not having been shortlisted.
  • Although female candidates are strongly encouraged to apply, our client strongly upholds a policy of non-discrimination against any person regardless of race, ethnicity, religious beliefs, gender, sexual orientation or disability.

How to Apply?

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