Project accountant Habshan
VerifiedJobs.ae
Date: 2 weeks ago
City: Sharjah
Contract type: Full time
Job Description
JOB TITLE: Accountant, Projects
Key Responsibilities
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
- 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
- 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
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