Dubai
On-site
AED 60,000 - 100,000
Full time
30+ days ago
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Job summary
An established industry player is seeking a skilled Financial Analyst to manage project budgets and financial operations. In this pivotal role, you will collaborate with project managers to ensure accurate financial reporting, maintain meticulous records, and conduct thorough analyses of financial transactions. Your expertise in construction cost accounting will be crucial in identifying unforeseen costs and optimizing project financials. Join a dynamic team where your analytical skills and attention to detail will drive success, and where you can thrive in a fast-paced environment while contributing to impactful projects.
Qualifications
- 5-8 years experience in private or public accounting.
- Excellent knowledge of construction cost accounting procedures.
Responsibilities
- Collaborate with project managers to create budgets and manage project finances.
- Conduct financial analyses and report risks to management.
Skills
Analytical Skills
Communication Skills
Attention to Detail
Mathematical Skills
Multitasking
Education
Bachelor's degree in Accounting
Bachelor's degree in Finance
Tools
- Collaborating closely with the project manager to meticulously craft a comprehensive and cost-effective budget for the projects.
- Serve as the primary point of contact for all intercompany budgets providing essential support to the Finance Manager in forecasting revenue derived from intercompany activities.
- Undertaking various accounting responsibilities throughout the project lifecycle including invoice preparation, cashflow estimation, and processing purchase invoices upon approval from project management or project directors.
- Conducting thorough analyses of all financial transactions to identify and incorporate any unforeseen costs into the budget.
- Maintaining meticulous records of all project finances to facilitate both internal and external auditing requirements and fulfill tax obligations.
- Document and post project accruals and project invoices following consultation with the Project Manager ensuring thorough information exchange and maintaining comprehensive records.
- Support the Finance Manager in conducting comprehensive financial analyses extending to the gross margin level for all projects outlined in the budget and monthly performance reports.
- Generate detailed cost analyses by interpreting the financial data and information pertinent to each project.
- Promptly reporting any identified financial risks as well as any budgetary discrepancies or changes to the Finance Manager and the Management team for comprehensive review.
- Cultivating and nurturing strong relationships with Project Managers while staying informed about developments in both the engineering consultancy and accounting sectors.
- Reviewing documents related to the accounts receivable cycle ensuring the provision of necessary supporting documents and accurate allocation of accounts for efficient recordkeeping.
- Collaborating with senior accountants in the preparation of Quarterly VAT reconciliations and facilitating their submission and subsequent payment processes.
- Overseeing time sheet management across the company to ensure precise project costing and resource allocation. Take ownership as the primary individual responsible for E-Time maintenance. Produce monthly time sheet reports for PD/PMs to have a view of time bookings.
- Update utilization and Billable Ratio templates aimed at optimizing staff utilization to achieve maximum efficiency. Update Power BIs accordingly.
- Generate monthly target AR Files and subsequently update them on a weekly basis by gathering collection and invoicing data from Accountants and Project Managers.
Qualifications:
- A bachelor's degree in accounting, finance, or a related field.
- A minimum of 5-8 years experience in private or public accounting.
- Excellent knowledge of construction cost accounting and related financial procedures.
- Working knowledge of the construction or engineering consultancy industry.
- Solid analytical and mathematical skills.
- Meticulous attention to detail and a high level of accuracy.
- Good communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.
Remote Work:
No
Employment Type:
Full-time