Project Finance Controller & Receivables Specialist

Egis Group; Dubai; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading engineering consultancy in Dubai is seeking a Finance Specialist to manage project budgets and financial analyses. The ideal candidate should have 5-8 years of accounting experience, a Bachelor's degree in finance or accounting, and solid knowledge of construction cost accounting. This full-time role involves collaboration with project managers and oversight of financial transactions, ensuring accuracy and compliance with company policies. Located in Dubai, this role does not support remote work.

Qualifications

• 5 - 8 years experience in private or public accounting.
• Working knowledge of the construction or engineering consultancy industry.
• Ability to multitask and thrive in a fast-paced environment.

Responsibilities

• Collaborate with project managers on budget planning.
• Support Finance Manager with intercompany budgets.
• Prepare invoices and manage cash-flow estimation.
• Conduct financial analyses to identify cost fluctuations.
• Maintain detailed financial records for audits.

Skills

Construction cost accounting

Financial analysis

Excellent communication skills

Analytical skills

Attention to detail

Education

Bachelor's degree in accounting, finance or related field

Job description

• Collaborating closely with the project manager to meticulously craft a comprehensive and cost-effective budget for the projects execution.
• 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 cash-flow 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 record-keeping.
• 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.
• Proactively monitor unbilled revenue to ensure timely and accurate billing.
• Ensure proper invoicing processes are followed in accordance with company policies.
• Follow up diligently on past due invoices to support timely collections.
• Collaborate with internal teams to resolve billing discrepancies and improve cash flow efficiency.

Qualifications

• A bachelors 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