PROJECTS ACCOUNTANT
Full Time
January 26, 2025
Lilongwe, Malawi
January 31, 2025

Company: Roads Fund Administration

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Overview

POSITION: PROJECTS ACCOUNTANT

 

The Roads Fund Administration (RFA) is a statutory body established to raise, administer and account for funds for the construction, maintenance and rehabilitation of public roads. RFA seeks the services of a Projects Accountant. The position is tenable at the RFA head office in Lilongwe.

Job Overview

Reporting to the Finance Manager, the Projects Accountantโ€™s work entails managing the financial aspects of assigned RFA projects, ensuring accuracy, compliance, and timely reporting. The role involves budget preparation, cost tracking, financial analysis, and support to project teams in achieving financial and operational objectives.

Key Responsibilities

1. Financial Planning & Budgeting

  • Develop and monitor project budgets in collaboration with RFA Finance Manager and stakeholders.
  • Provide financial forecasts and ensure alignment with organizational goals.

2. Cost Control & Analysis

  • Track project costs, identify variances, and analyze cost performance.
  • Recommend corrective actions to keep projects within budget.
  • Conduct cost-benefit analyses for project expenditures.

3. Reporting

  • Prepare regular financial reports, including variance analysis, for stakeholders.
  • Ensure timely submission of financial statements for projects.
  • Maintain accurate financial records for audits and reviews.

4. Compliance

  • Ensure all financial practices comply with organizational policies and relevant regulations.
  • Ensure adherence to all donor or partner financing agreements.
  • Liaise with internal and external auditors during project audits.

5. Collaboration

  • Work closely with RFA Finance team, procurement teams, and external vendors to ensure financial accuracy.
  • Provide financial advice and support to project teams for decision-making.

Qualifications & Skills

Educational Requirements:

  • Bachelorโ€™s degree in Accounting, Finance, or a related field.
  • Professional certifications (e.g., CPA, ACCA, CIMA) are an advantage.

Experience:

  • 10 yearsโ€™ progressive experience in finance or accounting specifically in projects reporting.

Technical Skills:

  • Proficiency in financial software and IFIMIS
  • Strong understanding of project accounting principles and practices.

Soft Skills:

  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Ability to manage multiple tasks and meet deadlines.

For full details of the vacant position and the application procedures kindly visit our website www.rfamw.com

RFA is an equal opportunity employer.

Only shortlisted candidates will be acknowledged.