Project Accountant (Construction & Engineering)

Project Accountant (Construction & Engineering)

Fronthill Limited is seeking an experienced Project Accountant to manage the financial reporting for a portfolio of active construction and engineering projects across Nigeria. This role involves revenue recognition, work-in-progress management, job costing, billing, and compliance with Nigerian statutory requirements.

Responsibilities

• Prepare and maintain monthly work-in-progress (WIP) schedules using the cost-to-cost method.
• Recognize revenue in accordance with IFRS 15, including proper treatment of contract assets/liabilities, unbilled receivables, and billings in excess of costs.
• Track unapproved/pending change orders and claims, applying appropriate judgment on revenue recognition for unpriced work.
• Own the month-end close process for assigned projects, ensuring accurate job costing and reconciliation with the general ledger.
• Prepare and submit progress billings in line with contract terms and project milestones.
• Ensure correct application of Withholding Tax (WHT) and VAT on invoices, and support statutory remittances.
• Act as the primary financial point of contact for project managers and superintendents.

Requirements

• Bachelor's Degree (BSc/HND) in Accounting, Finance, or a related field.
• 5+ years of accounting experience, including at least 2–3 years in project/construction accounting.
• Solid working knowledge of percentage-of-completion accounting, IFRS 15 revenue recognition, and WIP schedule preparation.
• Demonstrated experience with job costing, cost accruals, and month-end close in a project-based environment.
• Working knowledge of Nigerian statutory compliance — PAYE, VAT, Withholding Tax (WHT), and Pension Reform Act requirements.
• Strong Excel skills; experience with accounting/ERP systems commonly used in Nigeria (e.g., QuickBooks, Sage 50/Sage 300, or similar).
• Excellent communication skills and high attention to detail.
• Valid NYSC discharge or exemption certificate.

How to Apply Send your CV and a brief cover letter to: careers@fronthillcontrols.com using "Project Accountant – Lagos" as the subject of the email.