Project Accountant - Bursary Department
Applications are invited from suitably qualified candidates for the following position within the University:
Project Accountant – BURSARY DEPARTMENT
Primary Responsibilities
Reporting to the Bursar, the Project Accountant, will take an active role in the day-to-day affairs of the Project Accounting functions. We are looking for a result oriented, reliable and dynamic Project Accountant to support the Project Team.
- Assist in preparation of Project Proposals, ensure cost estimates are realistic and scope of work is clearly defined
- Financial Evaluation of Tender Bid, due diligence and financial feasibility study
- Preparation of Projected Cash Flow for the Various Projects
- Verification of Contractor’s Claim Documents for payment
- Processing of Contractors’ progress payment, suppliers and subcontractors’ payment
- Strictly follow the statutory compliance and ensure all aspect Contract Management System relating to Finance are completed and in consist with policy
- Maintenance of fixed asset registers (FAR) and reconciliations and make sure all assets are safe-guard with adequate insurance coverage
- Projects Accounts are up-to-date, timely reconciliation and all internal controls, processes and procedures are adhered to
- Ensure all financial transactions are supported by adequate source documents and approval from the financial delegate
- Plan, organize and allocate work among staffs
- Provide Project Status Report to Management for review
- Coordinate with the Project Team and Contractors to complete the Project in time and to avoid any time/cost overrun
- Ascertain the actual costs incurred for the Completed Projects
- Transfer of completed Project into Assets with the required documents
- Monitor Donor funded Projects and provide appropriate report on regular basis to the Donor Agencies
- Timely preparation of monthly, quarterly and annual reports accurately
Qualification & Experience
- Degree in Accounting or Equivalent with 8 to 10 years’ experience in a similar role
- Full member of CPA-PNG or nearly completion to be a member of CPA-PNG
- Technically strong finance professional with experience handling of large projects
- Working knowledge with Attaché or any other accounting software
- Advanced Excel skill is a must.
- Strong analytical abilities, planning and organizational skills
- Ability to meet deadlines and work under pressure [including late hours/weekends]
- Strong communication and interpersonal skills
Conditions of Service
Accountant: PGK53,147 – PGK64,958 per annum.
Domestic Market Allowance: K8,681 – PGK12,687 per annum
(Level of appointment depends upon qualification and experience)
Application Procedure
A detailed application with updated curriculum vitae including certified copies of qualifications, names and email addresses, phone numbers of three (3) current referees including one from past/present employer should be sent to:
The Executive Director – Human Resources
PNG University of Technology
Private Mail Bag
Lae, 411
Papua New Guinea
Applications must be compiled and sent as one PDF file to recruitment@pnguot.ac.pg with an indication of their earliest availability to take up the appointment.
PLEASE NOTE
- Deadline for all applications is 5th of September, 2025.
- Only shortlisted applications will be acknowledged.