Project accountant Habshan

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

Job summary

A recruitment platform is seeking an experienced Accountant, Projects, in Sharjah, UAE. The ideal candidate will have 4-9 years of experience, ideally within the EPC sector, and possess strong skills in financial accounting systems, specifically Oracle and HFM. Responsibilities include monitoring project receivables, coordinating payments, and ensuring effective financial controls within the team. This role requires excellent analytical, communication, and team-building skills.

Qualifications

• 4-9 years experience in accounting roles.
• Experience in EPC projects is preferred.
• Knowledge of financial accounting systems is necessary.

Responsibilities

• Monitor projects receivables and payments according to cash flow projections.
• Co-ordinate with GBS Team for payment preparations.
• Resolve invoicing issues related to vendors/subcontractors promptly.

Skills

Qualified Accountant

EPC business experience

Creativity and proactive problem solving

Team building skills

Good analytical skills

Good interpersonal skills

Tools

Oracle

HFM

Job description

Job Description

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

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!