Project Finance Controller & Receivables Specialist

Egis Group; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading engineering consultancy in Dubai is seeking a Finance Manager to oversee project budgets and conduct comprehensive financial analyses. The ideal candidate will have 5-8 years of experience in accounting, a strong understanding of construction cost accounting, and excellent analytical skills. This full-time position does not offer remote work options.

Qualifications

• 5-8 years of experience in private or public accounting.
• Excellent knowledge of construction cost accounting procedures.
• Solid analytical and mathematical skills.

Responsibilities

• Collaborate with project manager on project budgets.
• Perform various accounting duties throughout project lifecycle.
• Conduct financial analyses and report discrepancies.

Skills

Construction cost accounting

Analytical skills

Mathematical skills

Communication skills

Interpersonal skills

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