22 Oct
|
Rawco Constructions
|
Macedon Ranges Shire
22 Oct
Rawco Constructions
Macedon Ranges Shire
Management Accountant
Rawco Constructions Pty Ltd | Recent Gisborne, VIC
Salary: $80,000–$90,000 per annum + Superannuation
Employment: Full-Time | 38 hours per week
Reports to: General Manager
Classification: Management Accountant (ANZSCO 221112)
About Rawco Constructions
Rawco Constructions is a specialist design and construction contractor delivering retaining wall solutions across the civil infrastructure, commercial construction and residential land development sectors.
Operating primarily throughout Victoria, with projects extending into New South Wales and South Australia, Rawco provides comprehensive retaining wall solutions, including engineering design, procurement, construction and project delivery.
We are seeking a commercially minded Management Accountant to join our team in Sunbury, Victoria.
About the Role
Reporting directly to the General Manager, the Management Accountant will be responsible for monitoring project financial performance, preparing management reports, developing financial forecasts and providing commercial analysis to support informed business decisions.
This position plays an important role in managing project profitability, identifying financial risks, improving cost controls and supporting the financial performance of the business.
The successful applicant will work closely with the General Manager, Construction Manager, Project Managers and Accounts Team.
Key Duties and Responsibilities
Project Cost Accounting & Profitability
- Monitor and analyse construction project costs, budgets and profitability throughout the project lifecycle.
- Prepare detailed budget-versus-actual reports and investigate financial variances.
- Analyse project gross profit margins and identify opportunities to improve financial performance.
- Identify potential cost overruns and communicate financial risks to Project Managers and senior management.
- Review direct construction costs, including labour, materials, plant, equipment and subcontractor expenditure.
- Evaluate project cost-to-complete forecasts and assess their impact on anticipated final project profitability.
Financial Forecasting & Budget Management
- Prepare and maintain project financial forecasts incorporating construction progress, estimated completion percentages, forecast costs and anticipated revenue.
- Maintain internal Project Profit and Loss Budget (PLB) forecasting reports.
- Assist with preparing annual business budgets, project budgets and financial performance targets.
- Conduct regular budget-versus-actual analysis and recommend corrective actions where necessary.
- Analyse historical project financial performance to support future budgeting and commercial decision-making.
Management Accounting & Financial Reporting
- Prepare and analyse monthly project Profit and Loss reports.
- Assist with preparing monthly management accounts, financial performance reports and supporting financial schedules.
- Review project completion percentages,
accrued revenue and anticipated costs to support accurate recognition of project financial performance.
- Analyse financial results across individual projects and the broader business to identify profitability trends and operational inefficiencies.
- Prepare financial reports, management dashboards and key performance indicators.
- Participate in monthly management meetings, presenting financial results and providing commercial recommendations.
Cash Flow Management
- Prepare, maintain and regularly update company cash flow forecasts.
- Analyse anticipated project receipts, subcontractor payments, supplier obligations, payroll commitments and operating expenses.
- Identify potential cash flow constraints and provide recommendations regarding working capital requirements.
- Assess the financial implications of project delivery schedules and procurement commitments.
Cost Allocation & Financial Controls
- Review and allocate expenditure between direct construction costs, indirect project costs and business overheads.
- Manage and reconcile intercompany transactions, cost allocations and cross-charges between related entities and projects.
- Review subcontractor progress claims against contractual rates, approved budgets and project allowances.
- Reconcile project cost transactions to ensure expenditure is accurately allocated.
- Review internal financial controls and recommend improvements to reporting accuracy and cost management.
Fixed Assets & Capital Expenditure
- Maintain and reconcile the company's fixed asset register, including additions, disposals and dep
📌 Management Accountant (Macedon Ranges Shire)
🏢 Rawco Constructions
📍 Macedon Ranges Shire