Cost Accountant

SCOPE OF WORK

The Cost Accountant – Construction Project is responsible for planning, monitoring, analyzing, and controlling construction project costs to ensure accurate project costing, effective cost control, and timely financial reporting in support of project management and management decision-making.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES:

Duties include, but are not limited to:

• Collect, track, and allocate construction costs, including labor, subcontractors, equipment, and overheads by project and cost codes.

• Prepare and maintain detailed project cost breakdowns (BOQ, cost codes, cost centers).

• Calculate and monitor project costs, committed costs, and cost-to-complete on a periodic basis.

• Analyze cost variances against approved budgets, contracts, and forecasts; identify cost overruns and recommend corrective actions.

• Review and verify the accuracy, completeness, and validity of project cost transactions.

• Prepare periodic project cost reports (weekly/monthly) including budget vs. actual, variance analysis, and cash flow related to construction activities.

• Coordinate with Project Management, Site Engineers, Procurement, and Warehouse teams to reconcile cost data, materials consumption, and work progress.

• Monitor subcontractor costs, progress claims, retention, and contract variations.

• Support project budgeting, cost forecasting, and cost control throughout the project lifecycle.

• Participate in inventory counts, materials reconciliation at site, and valuation of work-in-progress (WIP) in accordance with accounting standards.

• Support internal and external audits, project cost reviews, and tax finalization related to construction activities.

• Ensure compliance with Company Policies, internal controls, contract terms, and relevant construction, accounting, and tax regulations.

• Professional and multicultural working environment
• Good and competitive HR benefits (Additional insurance, staff housing, daily shuttle bus Danang - Hoiana, duty meal, ...)
• Big-scale project in central Vietnam
• Career Development Opportunity

• Bachelor’s degree in Accounting, Finance, or related fields.
• Minimum 2–3 years of experience in cost accounting (project/ hospitality experience preferred).
• Solid knowledge of costing methods and cost analysis.
• Proficient in Excel; experience with ERP systems (SAP) is an advantage
• Detail-oriented, analytical, and able to work independently.
• Able to read and understand professional English reports