Project accountant Habshan

VerifiedJobs.ae; Sharjah; On-site; AED 120,000 - 200,000; Full time

Job summary

A project management consultancy in Sharjah seeks an experienced Accountant to manage project finances. Responsibilities include monitoring cash flows, managing vendor invoicing, and supporting financial accountability. Candidates must be qualified accountants with 4-9 years of relevant experience, preferably in the EPC sector. Strong financial systems knowledge, particularly in Oracle and HFM, is required. Creative problem-solving skills and team collaboration are essential.

Qualifications

• Qualified Accountant with strong financial systems knowledge.
• 4-9 years of experience in finance or accounting.
• Experience in EPC projects preferred.

Responsibilities

• Monitor project receivables and payments according to cash flow projections.
• Coordinate with teams for payment preparation and vendor invoicing issues.
• Review cost reports and project-related accounts monthly.
• Support Tax team on VAT/Corporate tax matters.

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)

Creative and proactive problem solver

Good analytical skills

Good interpersonal skills

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle

HFM

Job description

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 resolved in a 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 a monthly basis to ensure risks are highlighted and mitigated from a finance perspective
• Monitoring of site petty cash and ensuring adherence 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!