Project Accountant

Ensure accurate financial statements and manage project budgets.

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IITA - International Institute of Tropical Agriculture

Open positions at IITA / Open positions at CGIAR
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Overview

Ensure accurate financial statements and manage project budgets.

You have:

  • BSC/HND in Accounting, Finance, or other relevant fields of study with a minimum of eight (8) years’ experience performing similar role in a well-structured environment.
  • Professional certifications in ACA, ACCA is required.
  • Masters’ degree is an added advantage.
  • Knowledge of Oracle EBS application.
  • Strong command of Microsoft Office suite.
  • Strong attention to details.
  • Experience in Project Finance Management.

Position: Project Accountant

Contract: 3-year renewable contract Location: Ibadan

Closing Date: 22 April 2025

DUTIES:

  • Ensure the preparation of prompt, timely, and accurate financial statements for donors.
  • Review project budgets periodically and advise budget holders/PMs on potential project overruns.
  • Ensure the prompt preparation and submission of invoices to donors.
  • Coordinate assigned project audits throughout the year.
  • Ensure the prompt and accurate computation of annual budgets.
  • Ensure the prompt resolution of issues raised by Budget Officers/PMs.
  • Contribute meaningfully to IITA's overall cash flow management.
  • Advice PMs on budget burn rates to avoid overruns and ineligible expenses.
  • Support the institute’s annual audit with relevant schedules and respond to audit queries.
  • Ensure timely justification of partners' financial reports.
  • Accurately verify all partners’ expenses based on supporting documents submitted with financial reports on assigned projects.
  • Monitor budgets and ensure compliance.
  • Ensure project expenditures do not exceed the life budget.
  • Avoid ineligible overruns on each budget line.
  • Eliminate project overruns through budget monitoring and variance analysis/burn rate tracking.
  • Identify projects with overrun potential early through monthly budget monitoring reports.
  • Prepare accurate and timely overhead and CSP charges at month-end for all active projects.
  • Perform any other duties as may be assigned by the Supervisor.

Requirements

QUALIFICATION:

BSC/HND in Accounting, Finance, or other relevant fields of study with a minimum of eight (8) years’ experience performing similar role in a well-structured environment. Professional certifications in ACA, ACCA is required; Masters’ degree is an added advantage.

COMPETENCIES:

The ideal candidate must:

  • Have knowledge of Oracle EBS application.
  • Have a strong command of Microsoft Office suite.
  • Have strong attention to details.
  • Have experience in Project Finance Management.

Benefits

We offer highly competitive salary with equally attractive benefits and excellent working conditions in a pleasant campus environment.

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Potential interview questions

Describe your experience with managing project budgets and any challenges you faced. This question evaluates your practical experience and problem-solving skills in budget management. Provide specific instances where you managed budgets, highlighting the challenges and your solutions.
How would you ensure compliance with project budgets? This question assesses your understanding of budget compliance and monitoring. Pro members can see the explanation.
Can you explain your experience with Oracle EBS and how it has helped you in your previous roles? Pro members can see the explanation. Pro members can see the explanation.
What steps do you take to prepare for an audit? Pro members can see the explanation. Pro members can see the explanation.
How do you handle discrepancies in financial reports? Pro members can see the explanation. Pro members can see the explanation.
Give an example of a time you advised a project manager on budget burn rates. Pro members can see the explanation. Pro members can see the explanation.
What techniques do you use for variance analysis? Pro members can see the explanation. Pro members can see the explanation.
Describe a situation where you had to manage an overrun in a project budget. Pro members can see the explanation. Pro members can see the explanation.
Added 1 year ago - Updated 1 year ago - Source: cgiar.org