Project accountant Habshan

  • Sharjah, United Arab Emirates
  • 1 year ago
  • Confidential
  • Permanent
  • Full time

Job Description

  • Date Posted:
    1 year ago
  • Location:
    Sharjah, United Arab Emirates
  • Offered Salary:
    Confidential
  • Gender:
    Any
  • Headcount:
    1
  • Industry:
    Accounting / Audit / Tax Services
  • Visa Preference:
    Emp Visa - Holders
  • Joining Timeline:
    15 - 30 Days, 10 - 15 Days, Immediate

Job Description

JOB TITLE: Accountant, Projects

Key Responsibilities

  • Monitor projects receivables in line with the cash flow projections and highlighting risks in achieving budgetary targets
  • Monitor projects payments in line with the cash flow projections
  • Co-ordinate with GBS Team for preparation of payment batches
  • Ensure all vendor/subcontract invoicing issues related to workflow, accounting and indirect taxes are to be resolved in timely manner
  • Review of Cost reports and VOWD in line with COSA guidelines and resolve any concern to ensure smooth closing of monthly/periodic accounts
  • Review and report project related balance sheet accounts (AP, AR, advances, debit balance and retentions) on monthly basis to ensure risks are highlighted and mitigated from finance perspective
  • Monitoring of site petty cash and ensuring adherance to petty cash policy
  • Support the Tax team on VAT / Corporate tax where required
  • Monitor Bank Guarantees received for expiry and its renewal
  • Monitor client guarantees and review charges debited by the bank and monitor at completion cost
  • Vendor accounts reconciliation, where required

FINANCIAL ACCOUNTABILITY

  • Monitoring the achievement of KPIs related to VOWD%(Value of work done) and Cash Collections & Project payments and highlighting the risks and slippages.
  • Highlight / Discuss any other concern on the project or otherwise.
  • Operate a continuously effective financial controls framework to ensure the integrity of the books of account of the E&C business unit

Essential Qualifications And Skills

  • Qualified Accountant
  • 4-9 years experience
  • EPC business experience preferred.
  • Experience in similar roles highly preferred
  • Knowledge of financial accounting systems (preferably Oracle and HFM)
  • Systems and process development and implementation experience
  • Creative and proactive problem solver
  • Proven team building skills.
  • Good analytical skills and the ability to meet deadlines through planning, organizing and persistence.
  • Good financial systems knowledge.
  • Good interpersonal skills, good communicator, and a strong team player
Apply Now!