Senior Accountant (Minimum 7 years' experience in GCC)

Key Responsibilities:

• Project Accounting:
• Manage all aspects of project accounting, including cost tracking, budgeting, and forecasting for MEP and construction projects.
• Oversee the preparation and review of job cost reports, including direct costs and overhead allocations.
• Monitor project expenditures and ensure they are within budget, analyzing variances and reporting them to management.
• Financial Reporting:
• Prepare and review monthly, quarterly, and annual financial statements and reports related to MEP and construction activities.
• Ensure compliance with relevant accounting standards and regulatory requirements specific to the construction industry.
• Cost Management:
• Analyze and track project costs, including labor, materials, subcontractors, and other expenses.
• Coordinate with project managers and procurement teams to ensure accurate cost data and timely reporting.
• Audit and Compliance:
• Assist in internal and external audits by providing necessary documentation and explanations regarding project costs and financial transactions.
• Ensure adherence to accounting policies, procedures, and internal controls.
• Budgeting and Forecasting:
• Develop and manage project budgets, including forecasting future financial performance and cash flow needs.
• Work with project managers to prepare detailed financial forecasts and track performance against budgets.
• Billing and Collections:
• Oversee the billing process, including the preparation and submission of client invoices and progress billings.
• Manage accounts receivable and ensure timely collection of payments from clients.
• Financial Analysis:
• Conduct financial analysis to identify trends, variances, and opportunities for cost savings or financial improvement.
• Provide insights and recommendations based on financial data to support strategic decision-making.
• Team Management:
• Supervise and mentor junior accountants or accounting staff, providing guidance and support as needed.
• Review and approve work completed by junior team members to ensure accuracy and compliance.
• Systems and Process Improvement:
• Identify and implement process improvements and efficiencies in accounting practices and systems.
• Utilize accounting software and ERP systems specific to the construction industry for accurate financial reporting.
• Qualifications:
• Education: Bachelor’s degree in Accounting, Finance, or related field. CPA or CMA certification preferred.
• Experience: Minimum of 5-7 years of accounting experience, with at least 3 years in the MEP or construction industry.
• Skills:
• Strong understanding of construction accounting principles, including project cost accounting and job costing.
• Proficiency in accounting software and ERP systems relevant to the construction industry.
• Excellent analytical, problem-solving, and organizational skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with project managers and other stakeholders.

Job Type: Full-time

Application Deadline: 25/09/2024