Project Accountant for Real Estate

2 weeks ago


Cebu City, Central Visayas, Philippines Taft Property Venture Development Corp. Full time

Steadily rising to become one of the leading real estate developers in the Philippines, Taft Property Venture Development Corp. (TPVDC) is changing the way we live by developing the finest housing communities for many young professionals, entrepreneurs, families and retirees from here and abroad.

Taft Properties is a solid and dynamic developer backed by VICSAL Development Corporation, the company behind the Metro Gaisano chain of stores.

Since its establishment in 1997, Taft Properties is pioneering MicroTownship Master planning and Comfort by Design.

Is currently looking for:

PROJECT ACCOUNTANT - CEBU

Job Responsibilities:

  • Develop and maintain project budgets, forecasts, and financial models.
  • Analyze project financial performance, identifying variances and trends.
  • Provide recommendations to optimize project profitability and cost-efficiency.
  • Monitor project expenses and ensure adherence to budgetary constraints.
  • Review and approve project-related invoices, ensuring accuracy and compliance.
  • Implement cost-saving initiatives and efficiency improvements where possible.
  • Prepare timely and accurate financial reports for project stakeholders.
  • Ensure compliance with accounting standards, regulatory requirements, and internal policies.
  • Present financial results and analysis to management and project teams.
  • Manage project cash flows
  • Forecast cash requirements
  • Monitor and mitigate financial risks related to cash flow fluctuations.
  • Coordinate with internal and external auditors during project audits.
  • Ensure compliance with tax regulations, lease agreements, and contractual obligations.
  • Maintain organized documentation and records to support audit trails.
  • Collaborate with project managers, contractors, and other stakeholders to address financial matters.
  • Provide financial insights and support decision-making processes related to project activities.
  • Communicate financial performance and key metrics to relevant parties effectively.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field; CPA or similar certification preferred.
  • Proven experience as an accountant in the real estate industry, with a focus on project accounting.
  • Proficiency in real estate accounting principles, including cost allocation, capitalization, and revenue recognition.
  • Strong analytical skills and ability to interpret financial data to support decision-making.
  • Excellent attention to detail and accuracy in financial reporting.
  • Familiarity with financial planning and analysis, budgeting, and forecasting techniques.
  • Advanced proficiency in accounting software (SAP) and MS Excel.
  • Knowledge of relevant regulations and compliance requirements in the real estate sector.
  • Effective communication and interpersonal skills, with the ability to collaborate across teams.

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