Finance Analyst - Project Accounting

ENOC LUBRICANTS AND GREASE MANUFACTURING PLANT LLC; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in the lubricants sector is seeking a Finance Analyst to manage project accounting and financial reporting. The successful candidate will ensure compliance with financial policies, support audits, and contribute to treasury management. Ideal candidates should possess a Bachelor's degree in Finance or Business Administration with 5-6 years of experience in a similar role.

Qualifications

• Bachelor's degree in Finance or Business Administration.
• 5-6 years of relevant experience in finance.
• Good system, interpersonal, communication, and presentation skills.

Responsibilities

• Handle project accounting, including status reports and asset capitalization.
• Record treasury journals and coordinate GL closure.
• Prepare cash flow forecasts and assist in audits.

Skills

Interpersonal Skills

Communication Skills

Presentation Skills

System Skills

Education

Bachelor of Commerce

Bachelor of Business Administration

Job description

ENOC LUBRICANTS AND GREASE MANUFACTURING PLANT LLC

Job Title: Finance Analyst - Project Accounting

Business: External Reporting, Tax & Systems

Qualifications: Bachelor of Commerce (Commerce) or Bachelor of Business Administration (Management)

Nationality: Any

Vacancy: 1

Job Description

The job holder, under the supervision of the Controller, performs professional accounting tasks within their area of assignment. They are responsible for handling various financial accounting matters related to Treasury, General Ledger, reporting, project accounting, governance, and systems for an individual company or a group of companies, in line with policies and procedures as directed by the Controller.

Principal Accountabilities

1. Project Accounting:

• Issue monthly status reports on project capitalization to various business units.
• Arrange monthly review meetings with business units and engineering teams to identify and capitalize commissioned projects.
• Create asset upload forms by analyzing project data and categorizing assets.
• Capitalize completed projects by uploading asset forms.
• Verify asset write-offs submitted by the business, ensuring consistency with the FA register, and forward for approval after Controller's endorsement.
• Arrange periodic reconciliation meetings with business and GFS to resolve discrepancies found during physical asset verification.
• Submit Capex reports to the Group as per deadlines and provide additional information as required.

Financial Accounting:

• Record treasury journals during month-end closure.
• Coordinate with business units to gather data for GL closure.
• Provide accounting charge codes for invoice booking.
• Identify pending projects for capitalization and calculate manual depreciation based on useful life.

Treasury Management:

• Prepare cash flow forecasts highlighting working capital needs, including investment and borrowing plans.

Insurance & Claims Administration:

• Provide insurable asset values and periodic declarations for Group Insurance.
• Coordinate with the business for timely insurance of new sites.

Audit Support:

• Assist in internal, external, and AUP audits by preparing schedules and disclosures.
• Prepare and submit group reporting forms for consolidation review.

Additional Responsibilities:

• Ensure transactions comply with approved DOA and report exceptions.
• Support finance system projects, including transaction monitoring, control, and user acceptance testing.
• Assist with ad-hoc projects and special assignments as needed.

Experience & Skills

• Educational Qualification: Finance Graduation
• Experience: 5 to 6 years
• System Skills: Good
• Interpersonal Skills: Good
• Communication Skills: Good
• Presentation Skills: Good

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