About Infradevcor
Infradevcor is a major construction and infrastructure development enterprise operating under the Africapaciti Investment Group portfolio. Executing large-scale civil engineering works, commercial structural builds, and infrastructure developments across Zimbabwe, we rely on rigorous financial engineering, precise job-costing, and tight operational controls to deliver projects on schedule and within budget.
We are seeking an experienced, analytical, and results-driven Divisional Accountant to manage the complete financial lifecycle of our construction operations, project budgets, and site-level fiscal controls.
Role Purpose & Summary
The Divisional Accountant will hold overall responsibility for financial management, cost accounting, project budget tracking, statutory compliance, and reporting across all active construction sites and corporate accounts. This role serves as the key financial bridge between site operations (Quantity Surveyors, Site Engineers, and Project Managers) and executive leadership, ensuring that every project remains financially viable, transparent, and compliant with Zimbabwean statutory regulations.
Detailed Responsibilities & Key Performance Areas (KPAs)
1. Project Accounting & Job-Cost Control
Establish, maintain, and monitor detailed job-cost accounting systems for each active project, tracking costs against initial Bill of Quantities (BOQs) and tender budgets.
Perform weekly and monthly cost-to-complete (CTC) and cost-at-completion (CAC) variance analyses, highlighting cost overruns or savings to Project Managers.
Audit and verify site plant equipment utilization, sub-contractor valuations, material requisitions, and fuel usage logs against physical work completed.
Manage interim payment applications, work-in-progress (WIP) valuations, retention collections, and client certificate tracking to maintain healthy project cash flows.
2. Financial Reporting & Management Accounts
Prepare timely and accurate monthly management accounts, balance sheet reconciliations, income statements, and divisional cash flow statements.
Generate site-by-site profitability reports, overhead allocation analyses, and margin performance breakdowns for executive reviews.
Conduct regular balance sheet cleanses, ensuring accurate accounting for inventory on site, prepayments, retentions receivable/payable, and accruals.
3. Cash Flow, Working Capital & Multi-Currency Treasury Management
Forecast daily, weekly, and monthly operational cash requirements across both local and foreign currency accounts.
Oversee site petty cash disbursements, field-level payroll floats, and field expenditure audits.
Manage supplier and sub-contractor payment schedules, negotiating favorable payment terms while securing essential material supplies for site continuity.
4. Statutory Tax & Regulatory Compliance
Ensure total statutory compliance under Zimbabwean tax laws and ZIMRA guidelines, including precise computation, filing, and remittance of:
oValue Added Tax (VAT) & Withholding Tax (WHT)
oPay As You Earn (PAYE) & NSSA contributions
oQuarterly Payment Dates (QPDs) and Corporate Income Tax
oStandards Development Fund (SDF) and Zimdef levies
Coordinate annual internal and external audits, compiling working papers, asset registers, and audit schedules.
5. Inventory, Stores & Asset Management
Oversee site inventory management, physical stock counts, and store reconciliations for high-value construction raw materials (cement, steel, fuel, aggregates).
Maintain an up-to-date fixed asset register for heavy construction machinery, plant equipment, vehicles, and site tooling, tracking depreciation and maintenance expenditures.
Required Qualifications, Knowledge & Experience
Educational Background: Bachelor's Degree in Accounting, Finance, or equivalent from a recognized institution.
Professional Certification: Full ACCA, CIMA, or CA (Z) qualification (or advanced stage completion).
Industry Experience: Minimum of 4 to 6 years of core accounting experience, with at least 3 years specifically within the construction, civil engineering, or heavy industrial sector.
Technical Expertise:
oDemonstrated mastery of construction job-costing, WIP accounting, and BOQ reconciliations.
oDeep understanding of multi-currency financial accounting, foreign exchange regulations, and ZIMRA tax compliance in Zimbabwe.
oHigh proficiency in accounting ERP systems (e.g., Pastel Partner/Evolution, Sage, QuickBooks, or SAP) and advanced Microsoft Excel skills (financial modeling, pivot tables, complex formulas).
Personal Attributes: Strong analytical skills, high integrity, assertiveness, willingness to travel to remote construction sites, and ability to meet strict reporting deadlines under pressure.
Key Performance Indicators (KPIs)
Reporting Timeliness: 100% on-time submission of monthly management accounts by the set deadline.
Cost Variance Accuracy: Maintenance of project cost variances within approved margins (<2% unexplained variance).
Statutory Compliance: Zero penalties or interest charges incurred from late ZIMRA, NSSA, or regulatory filings.
Audit Efficiency: Unqualified audit reports and resolution of all audit queries within 14 days.
TO APPLY
Application Process
If you meet the requirements and are prepared to drive financial excellence within a fast-growing construction group, submit your detailed CV, cover letter, and academic/professional certificates to joinus@africapaciti.com
Email Subject Line: Application: Divisional Accountant - Infradevcor
Closing Date:13 November 2026
Duties and responsibilities
1. Project Accounting & Job-Cost Control
Establish, maintain, and monitor detailed job-cost accounting systems for each active project, tracking costs against initial Bill of Quantities (BOQs) and tender budgets.
Perform weekly and monthly cost-to-complete (CTC) and cost-at-completion (CAC) variance analyses, highlighting cost overruns or savings to Project Managers.
Audit and verify site plant equipment utilization, sub-contractor valuations, material requisitions, and fuel usage logs against physical work completed.
Manage interim payment applications, work-in-progress (WIP) valuations, retention collections, and client certificate tracking to maintain healthy project cash flows.
2. Financial Reporting & Management Accounts
Prepare timely and accurate monthly management accounts, balance sheet reconciliations, income statements, and divisional cash flow statements.
Generate site-by-site profitability reports, overhead allocation analyses, and margin performance breakdowns for executive reviews.
Conduct regular balance sheet cleanses, ensuring accurate accounting for inventory on site, prepayments, retentions receivable/payable, and accruals.
3. Cash Flow, Working Capital & Multi-Currency Treasury Management
Forecast daily, weekly, and monthly operational cash requirements across both local and foreign currency accounts.
Oversee site petty cash disbursements, field-level payroll floats, and field expenditure audits.
Manage supplier and sub-contractor payment schedules, negotiating favorable payment terms while securing essential material supplies for site continuity.
4. Statutory Tax & Regulatory Compliance
Ensure total statutory compliance under Zimbabwean tax laws and ZIMRA guidelines, including precise computation, filing, and remittance of:
oValue Added Tax (VAT) & Withholding Tax (WHT)
oPay As You Earn (PAYE) & NSSA contributions
oQuarterly Payment Dates (QPDs) and Corporate Income Tax
oStandards Development Fund (SDF) and Zimdef levies
Coordinate annual internal and external audits, compiling working papers, asset registers, and audit schedules.
5. Inventory, Stores & Asset Management
Oversee site inventory management, physical stock counts, and store reconciliations for high-value construction raw materials (cement, steel, fuel, aggregates).
Maintain an up-to-date fixed asset register for heavy construction machinery, plant equipment, vehicles, and site tooling, tracking depreciation and maintenance expenditures.
How to apply
Application Process
If you meet the requirements and are prepared to drive financial excellence within a fast-growing construction group, submit your detailed CV, cover letter, and academic/professional certificates to joinus@africapaciti.com
Email Subject Line: Application: Divisional Accountant - Infradevcor
Closing Date:13 November 2026
Requirements
Educational Background: Bachelor's Degree in Accounting, Finance, or equivalent from a recognized institution.
Professional Certification: Full ACCA, CIMA, or CA (Z) qualification (or advanced stage completion).
Industry Experience: Minimum of 4 to 6 years of core accounting experience, with at least 3 years specifically within the construction, civil engineering, or heavy industrial sector.
Technical Expertise:
oDemonstrated mastery of construction job-costing, WIP accounting, and BOQ reconciliations.
oDeep understanding of multi-currency financial accounting, foreign exchange regulations, and ZIMRA tax compliance in Zimbabwe.
oHigh proficiency in accounting ERP systems (e.g., Pastel Partner/Evolution, Sage, QuickBooks, or SAP) and advanced Microsoft Excel skills (financial modeling, pivot tables, complex formulas).
Skills
Strong analytical skills, high integrity, assertiveness, willingness to travel to remote construction sites, and ability to meet strict reporting deadlines under pressure.
Key Performance Indicators (KPIs)
Reporting Timeliness: 100% on-time submission of monthly management accounts by the set deadline.
Cost Variance Accuracy: Maintenance of project cost variances within approved margins (<2% unexplained variance).
Statutory Compliance: Zero penalties or interest charges incurred from late ZIMRA, NSSA, or regulatory filings.
Audit Efficiency: Unqualified audit reports and resolution of all audit queries within 14 days.
Source: Online. Always check details with the employer.
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