{"id":106027,"date":"2026-08-05T07:20:22","date_gmt":"2026-08-05T07:20:22","guid":{"rendered":"https:\/\/jobs.dataaxisnode.com\/kenya\/uncategorized\/project-accountant\/"},"modified":"2026-08-05T07:20:22","modified_gmt":"2026-08-05T07:20:22","slug":"project-accountant","status":"publish","type":"post","link":"https:\/\/jobs.dataaxisnode.com\/kenya\/jobs\/nairobi\/project-accountant\/","title":{"rendered":"Project Accountant"},"content":{"rendered":"<p><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\/\", \"@type\": \"JobPosting\", \"title\": \"Project Accountant\", \"description\": \"Role Summary:\\nReporting to the\u00a0Chief Finance Officer CFO\u00a0, with a dotted line to the\u00a0Project Director, the Project Accountant oversees all financial aspects of this major construction project, ensuring integrity, compliance, and accountability throughout the lifecycle. Working closely with the CFO, Project Director, and\u00a0Project Commercial Manager, the role provides accurate financial reporting, budget control, and risk management for timely and on-budget delivery.\\nKey Responsibilities:\\nFinancial Planning & Budgeting:\\nEstablish cost baselines and implement budget control to monitor committed, actual, and forecasted costs.\\nMonitor budget performance and provide variance analysis with recommendations.\\nCash Flow and Funding Management:\\nForecast cash flow and manage funding disbursements with the project team.\\nPrepare rolling cash flow forecasts to support liquidity planning.\\nMonitor funding against milestones; coordinate drawdowns or capital calls.\\nIdentify liquidity needs early and support treasury planning.\\nMonitor FX and inflation risks; assess impact on cash flows; recommend optimal cash deployment.\\nCost Monitoring and Payments:\\nTrack expenditures against budgets; flag overruns early.\\nReview contractor\/consultant invoices, payment certificates, and supporting docs for accuracy and ETIMS compliance.\\nEnsure timely payments per contracts; liaise with project teams and finance to resolve queries.\\nAccounting and Financial Control:\\nAccurately record transactions in ERP\/FIS; maintain project-specific GL accounts.\\nEnsure timely capitalization of completed assets per accounting standards e.g., IFRS.\\nTax Compliance:\\nEnsure compliance with Kenyan tax laws and statutory requirements.\\nAccurately capture, reconcile, and claim input VAT; follow up on refunds and maintain documentation.\\nLiaise with tax authorities and internal stakeholders to resolve tax matters.\\nMovable Asset Tracking and Recording:\\nMaintain an up-to-date register of all movable assets acquired, with the project team.\\nCoordinate tagging, recording, and transfer to the Fixed Asset Register upon commissioning.\\nEnsure proper documentation, safeguarding, and accounting per asset management policies.\\nReporting & Compliance:\\nPrepare monthly, quarterly, and annual financial reports for internal and external stakeholders.\\nPerform monthly reconciliation between budget monitoring tool and ERP\/FIS; investigate and resolve variances.\\nEnsure compliance with donor, regulatory, and internal policies; support audits.\\nProcurement & Contract Oversight:\\nCollaborate with procurement to ensure financial due diligence in vendor selection.\\nReview financial terms in contracts and monitor compliance.\\nRisk Management:\\nIdentify financial risks and propose mitigation strategies; maintain a risk register with the project management team.\\nStakeholder Engagement:\\nLiaise with internal departments, external consultants, contractors, and donors.\\nProvide financial insights to support strategic decision-making.\\nProject Close-Out:\\nCoordinate financial closure; reconcile budgets and expenditures.\\nVerify completion of contractual financial obligations.\\nPrepare final financial reports; support asset capitalization and handover.\\nDocument lessons learned and financial performance outcomes.\\nThe requirements\\nQualifications and Experience:\\nBachelor\u2019s degree in Accounting, Finance, or a related field.\\nCPA K, ACCA, or equivalent professional accounting qualification.\\nMaster\u2019s degree in Finance, Accounting, or Project Management an added advantage.\\nMinimum 7 years of progressive accounting experience, with at least 3 years in project accounting.\\nProven experience in managing finances for large-scale construction or infrastructure projects.\\nExperience working with donor-funded or non-profit organizations is highly desirable.\\nStrong financial analysis and reporting skills.\\nProficiency in accounting software e.g., Microsoft Dynamics, SAP or similar ERP systems.\\nExcellent knowledge of Kenyan tax laws and financial regulations.\\nStrong interpersonal and communication skills.\\nHigh level of integrity, accuracy, and attention to detail.\\nAbility to work independently and collaboratively in a multidisciplinary team.\\nThis position is open to Kenyan citizens only.\", \"datePosted\": \"2026-08-03\", \"hiringOrganization\": {\"@type\": \"Organization\", \"name\": \"Aga Khan Education Service, Kenya AKESK\"}, \"jobLocation\": {\"@type\": \"Place\", \"address\": {\"@type\": \"PostalAddress\", \"addressLocality\": \"Nairobi\", \"addressCountry\": \"KE\"}}, \"directApply\": true, \"validThrough\": \"2026-08-24T23:59:59\", \"employmentType\": \"FULL_TIME\"}<\/script><\/p>\n<p><strong>Company:<\/strong> Aga Khan Education Service, Kenya AKESK<\/p>\n<p><strong>Location:<\/strong> Nairobi<\/p>\n<p><strong>Job Type:<\/strong> Full Time<\/p>\n<p><strong>Apply Before:<\/strong> 2026-08-24<\/p>\n<h3>Job Description<\/h3>\n<p>Role Summary:<br \/>Reporting to the\u00a0Chief Finance Officer CFO\u00a0, with a dotted line to the\u00a0Project Director, the Project Accountant oversees all financial aspects of this major construction project, ensuring integrity, compliance, and accountability throughout the lifecycle. Working closely with the CFO, Project Director, and\u00a0Project Commercial Manager, the role provides accurate financial reporting, budget control, and risk management for timely and on-budget delivery.<br \/>Key Responsibilities:<br \/>Financial Planning &#038; Budgeting:<br \/>Establish cost baselines and implement budget control to monitor committed, actual, and forecasted costs.<br \/>Monitor budget performance and provide variance analysis with recommendations.<br \/>Cash Flow and Funding Management:<br \/>Forecast cash flow and manage funding disbursements with the project team.<br \/>Prepare rolling cash flow forecasts to support liquidity planning.<br \/>Monitor funding against milestones; coordinate drawdowns or capital calls.<br \/>Identify liquidity needs early and support treasury planning.<br \/>Monitor FX and inflation risks; assess impact on cash flows; recommend optimal cash deployment.<br \/>Cost Monitoring and Payments:<br \/>Track expenditures against budgets; flag overruns early.<br \/>Review contractor\/consultant invoices, payment certificates, and supporting docs for accuracy and ETIMS compliance.<br \/>Ensure timely payments per contracts; liaise with project teams and finance to resolve queries.<br \/>Accounting and Financial Control:<br \/>Accurately record transactions in ERP\/FIS; maintain project-specific GL accounts.<br \/>Ensure timely capitalization of completed assets per accounting standards e.g., IFRS.<br \/>Tax Compliance:<br \/>Ensure compliance with Kenyan tax laws and statutory requirements.<br \/>Accurately capture, reconcile, and claim input VAT; follow up on refunds and maintain documentation.<br \/>Liaise with tax authorities and internal stakeholders to resolve tax matters.<br \/>Movable Asset Tracking and Recording:<br \/>Maintain an up-to-date register of all movable assets acquired, with the project team.<br \/>Coordinate tagging, recording, and transfer to the Fixed Asset Register upon commissioning.<br \/>Ensure proper documentation, safeguarding, and accounting per asset management policies.<br \/>Reporting &#038; Compliance:<br \/>Prepare monthly, quarterly, and annual financial reports for internal and external stakeholders.<br \/>Perform monthly reconciliation between budget monitoring tool and ERP\/FIS; investigate and resolve variances.<br \/>Ensure compliance with donor, regulatory, and internal policies; support audits.<br \/>Procurement &#038; Contract Oversight:<br \/>Collaborate with procurement to ensure financial due diligence in vendor selection.<br \/>Review financial terms in contracts and monitor compliance.<br \/>Risk Management:<br \/>Identify financial risks and propose mitigation strategies; maintain a risk register with the project management team.<br \/>Stakeholder Engagement:<br \/>Liaise with internal departments, external consultants, contractors, and donors.<br \/>Provide financial insights to support strategic decision-making.<br \/>Project Close-Out:<br \/>Coordinate financial closure; reconcile budgets and expenditures.<br \/>Verify completion of contractual financial obligations.<br \/>Prepare final financial reports; support asset capitalization and handover.<br \/>Document lessons learned and financial performance outcomes.<br \/>The requirements<br \/>Qualifications and Experience:<br \/>Bachelor\u2019s degree in Accounting, Finance, or a related field.<br \/>CPA K, ACCA, or equivalent professional accounting qualification.<br \/>Master\u2019s degree in Finance, Accounting, or Project Management an added advantage.<br \/>Minimum 7 years of progressive accounting experience, with at least 3 years in project accounting.<br \/>Proven experience in managing finances for large-scale construction or infrastructure projects.<br \/>Experience working with donor-funded or non-profit organizations is highly desirable.<br \/>Strong financial analysis and reporting skills.<br \/>Proficiency in accounting software e.g., Microsoft Dynamics, SAP or similar ERP systems.<br \/>Excellent knowledge of Kenyan tax laws and financial regulations.<br \/>Strong interpersonal and communication skills.<br \/>High level of integrity, accuracy, and attention to detail.<br \/>Ability to work independently and collaboratively in a multidisciplinary team.<br \/>This position is open to Kenyan citizens only.<\/p>\n<h3>How to Apply<\/h3>\n<p>Interested and qualified? Go to Aga Khan Education Service, Kenya (AKESK) on krb-xjobs.brassring.com to apply<br \/>Build your CV for free. Download in different templates.<\/p>\n<p><a href=\"https:\/\/www.myjobmag.co.ke\/apply-now\/1295383\" target=\"_blank\" rel=\"noopener\" style=\"display:inline-block;padding:10px 20px;background:#2271b1;color:#fff;text-decoration:none;border-radius:4px;\">Apply Now<\/a><\/p>\n<p><small>Source: MyJobMag<\/small><\/p>\n<p><!-- job-expiry: 2026-08-24 --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Aga Khan Education Service, Kenya AKESK Location: Nairobi Job Type: Full Time Apply Before: 2026-08-24 Job Description Role Summary:Reporting to the\u00a0Chief Finance Officer CFO\u00a0, with a dotted line to the\u00a0Project Director, the Project Accountant oversees all financial aspects of this major construction project, ensuring integrity, compliance, and accountability throughout the lifecycle. Working closely with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1408,1409],"tags":[1849,1425,1413,1412],"class_list":["post-106027","post","type-post","status-publish","format-standard","hentry","category-jobs","category-nairobi","tag-aga-khan-education-service-kenya-akesk","tag-full-time","tag-job-listing","tag-myjobmag"],"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts\/106027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/comments?post=106027"}],"version-history":[{"count":0,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/posts\/106027\/revisions"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/media?parent=106027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/categories?post=106027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/tags?post=106027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}