Project Accountant

Project Accountant
United Arab Emirates - DU - Dubai

Job Description

  • Maintains internal financial control over the project. Ensures that invoices are rendered to clients on a timely basis according to contract terms and that project costs are properly processed and recorded. Responsible for client audit interface.
  • Working with project procurement and subcontracts functions to report commitments amounts.
  • Prepare monthly and quarterly financial reports, including project cash flow, and review with project management team.
  • Directly working with project manager and project cost controls to prepare project cost reporting and review project profit estimates.
  • Directly working with project manager and project cost controls to prepare project cost reporting and review project profit estimates.
  • Directly working with project manager, project procurement and subcontracts coordinator to prepare, analyze and maintain healthy project cash-flows.
  • Reviews the commercial sections of major purchase orders and subcontracts for compliance with JRM policy.
  • Ensures that all activities involving foreign currency are hedged according to JRM policy.
  • Aligns and coordinates with other departments on project related financial maters and maintain this interface throughout the life of the project
  • Review and analysis of costs charged to project
  • Identifies and assesses project related business risks and recommends mitigation plans.
  • Managing accounts payables processing for the project.
  • Providing inputs to any ad-hoc reporting as required by local and corporate management.

Job Requirements

Accountancy Degree - CA / CPA / CIMA / ACCA or equivalent

Atleast 5- 10 years experience working as a project accountant or project business manager on large engineering and construction projects

Experience related to SOX and its implementation will be preferred

Experience in reading and interpreting engineering and construction contrac terms.

Apply Now