Project Accountant

Electra Solutions; Dubai; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player seeks a skilled Project Accountant to support project management with documentation and cost analysis. In this role, you will collaborate closely with finance and operations teams to ensure accurate project profitability records and provide critical insights for pricing and investment decisions. You'll have the opportunity to work in a diverse environment that values equal opportunity and offers competitive salaries, medical insurance, and merit bonuses. If you have a passion for data analytics and a background in accounting, this is the perfect opportunity to make a significant impact in a dynamic setting.

Benefits

Medical Insurance

Merit Bonus

Learning & Development Opportunities

Qualifications

• 3-4 years of experience in project or cost accounting roles.
• Bachelor’s degree in accounting and finance required.

Responsibilities

• Support PMs with project documentation and cost allocation.
• Analyze project profitability and provide insights to FM and CFO.

Skills

Navision

MS Dynamics

Power BI

MS Office

Adobe DC Pro

Data analytics

Education

Bachelor’s degree in accounting and finance

Professional certification in Cost & Management accounting

Tools

Navision

MS Dynamics

Power BI

MS Office

Adobe DC Pro

Job description

Job Responsibilities:

Responsible to support PMs with project documentation and cost allocation to projects as well as calculating and analyzing project profitability (working with finance, estimation, sales & operations). Ensuring the accuracy of sales and cost data and completeness of project documentation. Provides insights and reporting to FM and CFO on business commercial and cost analysis, inventory analysis and investment appraisal. Seconded to and partnered with PM team in order to provide effective and efficient on-ground support.

Support to PMs with project documentation and cost allocation on all projects, helping to ensure completeness and timely closure of all project profitability records.

• Reporting to finance (seconded to projects).
• Close collaboration with estimation team. Support with costing and analysis of project sales and costs; review & analysis of variances between actual material consumption, labour, subcontractor and other costs vs. estimations.
• Independent assessment and analysis of project gross margin for all the projects including identification of items to be capitalized.
• Support the monthly analysis of inventory aging across all the warehouses and inventory categories (i.e., Finished goods, WIP, Raw material, packing material, spares).
• Prepare period analysis on non-moving inventory and liaise with operations team for write-offs proposals.
• Support business stakeholders with pricing and investment decisions, by providing project cost estimates, gross margin and business case / NPV analysis.
• Support with month-end reporting for manufacturing entity in RAK & Ras Al Khor.
• Perform monthly GL reconciliation of Inventory, work-in-process, and COGS accounts.
• Review and track raw material price trends and post vendor invoices for raw material supplies.

Support the finance manager with:

• PP&E register, record acquisitions, disposals, and depreciation transactions.
• Coordination with plants for period and annual physical inventory counts.

Required Skills and Qualifications:

• Navision, MS Dynamics, Power BI.
• MS Office, Adobe DC Pro.
• Bachelor’s degree in accounting and finance.
• Part- or fully-qualified professional certification in Cost & Management accounting (ACMA, CMA or equivalent).
• 3 – 4 years of experience in project accountant or cost accountant role, ideally from manufacturing or events.
• Excellent data analytics skills.

Company Benefits:

• Electra is an equal opportunity company who thrive on its diversity.
• Competitive Salary.
• Medical Insurance.
• Merit Bonus.
• Learning & Development Opportunities.