Project Accountant

A. Job purpose
To manage and control accounting activities for hotel renovation/construction packages, ensuring accurate cost tracking, timely payment processing, and complete documentation for audit and compliance. The role supports project budget control, contract payment administration, and coordination with contractors, consultants, and internal departments.
B. Key responsibilities
1. Project Cost Control
- Track project costs by package (construction, MEP, FF&E, etc.)
- Monitor budget vs actual and highlight cost variances
- Manage contractor payments (advance, progress, retention, final)
- Verify payment requests against contracts and approved work
- Coordinate with QS/PM/consultants to confirm work completion
2. Payment & Accounting
- Reconcile vendor accounts and track outstanding payments
- Ensure correct cost allocation and project coding
- Prepare month-end accruals for project expenses
3. Invoicing & Compliance
- Check invoices and supporting documents (VAT, acceptance records, etc.)
- Ensure compliance with company policies and regulations
4. Audit & Documentation
- Maintain well-organized, audit-ready project files
- Support internal/external audits with timely documentation