Senior Project Accountant

Jasara Program Management Company; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading company in the infrastructure sector is seeking a Senior Project Accountant to manage financial aspects of projects. The role involves budgeting, forecasting, and ensuring compliance with regulations. Ideal candidates will have significant accounting experience and the ability to mentor junior staff.

Qualifications

• 5+ years of professional accounting experience.
• Experience as a lead or senior project accountant.

Responsibilities

• Manage and oversee all accounting functions for multiple projects.
• Prepare and review project financial statements.
• Ensure timely and accurate recording of all financial transactions.

Skills

Communication

Analytical Skills

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

ERP systems

Job description

JASARA PMC is on the lookout for a Senior Project Accountant to join our team and support the financial management of key infrastructure projects. This role is essential for ensuring that we meet our financial targets while maintaining compliance with regulations and industry standards. As a Senior Project Accountant, you will leverage your extensive accounting experience to oversee the financial aspects of complex projects and work closely with project managers to drive accountability and transparency in financial reporting.

Responsibilities

• Manage and oversee all accounting functions for multiple projects, including budgeting, forecasting, and financial reporting.
• Prepare and review project financial statements, analyzing variances and providing insights to project teams.
• Ensure timely and accurate recording of all financial transactions and compliance with internal policies and external regulations.
• Monitor project costs against the budget and advise on cost control measures.
• Assist in the preparation of annual audits and coordinate with external auditors.
• Provide mentorship and guidance to junior accounting staff and foster a collaborative team environment.
• Continuously improve processes related to project accounting and reporting to enhance efficiency and effectiveness.
• Oversee the financial management of multiple projects from start to finish.
• Prepare accurate and timely financial reports like margin analysis and profit and loss statements for the projects.
• Prepare/review client billing/IPA and collection follow-ups.
• Review expenses on the projects.
• Assist in the month-end close process.
• Review subcontracts and other project-specific contracts.
• Conduct monthly project financial status review meetings.
• Analyze cost and revenue variances.

Desired Candidate Profile

• Bachelor's degree in Accounting, Finance, or a related field.
• 5+ years of professional accounting experience.
• Experience as a lead or senior project accountant on T&M and service contracts.
• Knowledge of project costing, revenue recognition, and accrual-based accounting.
• Strong communication skills and experience with ERP systems.
• Ability to oversee the financial management of multiple projects from start to finish.
• Ability to prepare accurate and timely financial reports, including margin analysis and profit and loss statements.
• Experience preparing/reviewing client billing/IPA and collection follow-ups.
• Experience reviewing expenses on projects.
• Ability to assist in month-end close processes.
• Experience reviewing subcontracts and other project-specific contracts.
• Ability to conduct monthly project financial status review meetings.
• Strong analytical skills to analyze cost and revenue variances.

Disclaimer: Naukrigulf.com is only a platform to connect jobseekers and employers. Applicants should independently verify the legitimacy of prospective employers. We do NOT endorse requests for money payments and advise against sharing personal or bank details. For security tips, visit our Security Advice page. If you suspect fraud, email us at [e-mail].