Management Accountant

Management Accountant

Rawco Constructions Pty Ltd | New 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 ResponsibilitiesProject 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 depreciation.

• Assess proposed capital expenditure and provide financial analysis to support purchasing and investment decisions.

• Monitor capital expenditure against approved budgets.

Compliance & Financial Systems

• Assist with financial reconciliations and the preparation of information required for Business Activity Statements (BAS).

• Support the accuracy and integrity of financial records and accounting information.

• Assist in developing and improving management accounting systems, financial reporting processes and project cost control procedures.

• Identify opportunities to automate financial reporting and improve data accuracy.

• Collaborate with operational and administrative personnel to ensure financial information is accurately captured within company systems.

Qualifications & Experience

Essential Requirements

• Bachelor's degree or higher qualification in Accounting, Commerce, Finance or a closely related discipline.

• Minimum two years of relevant professional experience in management accounting, financial accounting, project accounting or a closely related role.

• Demonstrated experience in financial reporting, budgeting, forecasting and cost analysis.

• Strong understanding of Australian accounting principles and financial reporting practices.

• Advanced Microsoft Excel skills, including financial modelling and data analysis.

• Experience using accounting and financial management software.

• Strong analytical, organisational and communication skills.

Desirable Experience

• Previous experience within the construction, civil infrastructure, engineering or project-based contracting industries.

• Experience with project cost-to-complete forecasting and construction project profitability analysis.

• Familiarity with Xero, Google Workspace or construction project management systems.

• Experience developing financial dashboards and improving accounting processes through automation.

• CPA or CA qualification, or progress towards professional accreditation.

Key Skills & Competencies

The successful applicant will demonstrate strong analytical and financial problem-solving abilities, excellent attention to detail, and the ability to interpret complex financial information.

They must be capable of communicating financial findings to operational management, managing competing deadlines and working independently while collaborating with project delivery teams.

Commercial awareness, sound judgement and a proactive approach to identifying financial risks and improvement opportunities are essential.

What We Offer

• Competitive annual salary of $80,000–$90,000 plus superannuation.

• Full-time employment based at our New Gisborne office.

• Direct involvement in the financial management of construction projects.

• Opportunity to work closely with senior management.

• A collaborative working environment within a growing specialist construction business.

• Opportunities to contribute to financial systems development and process improvement.

How to Apply

Interested applicants are invited to submit their resume and a cover letter outlining their relevant qualifications, professional experience and suitability for the position.

Pay: $76,600.00 – $130,000.00 per year

Work Location: In person