Senior Project Accountant

JASARA PMC; Riyadh; On-site; SAR 80,000 - 120,000; Full time

Job summary

A leading company in the Riyadh region is seeking a Senior Project Accountant to manage financial aspects of key infrastructure projects. The role involves overseeing accounting functions, ensuring compliance, and collaborating with project managers to enhance financial reporting. This position offers a competitive salary and the opportunity to work in a dynamic team environment.

Benefits

Competitive salary and benefits package

Opportunity to work in a dynamic and growing organization

Collaborative and supportive team

Qualifications

• 5+ years of professional accounting experience.
• Experience as a lead or senior project accountant on T&M and service contracts.

Responsibilities

• Manage and oversee all accounting functions for multiple projects.
• Prepare and review project financial statements and analyze variances.
• Ensure compliance with internal policies and external regulations.

Skills

Communication

Project Costing

Revenue Recognition

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

ERP systems

Job description

JASARA PMC is seeking a Senior Project Accountant to join our team and support the financial management of key infrastructure projects. This role is crucial for ensuring financial targets are met while maintaining compliance with regulations and industry standards. As a Senior Project Accountant, you will leverage your extensive accounting experience to oversee financial aspects of complex projects and collaborate closely with project managers to promote accountability and transparency in financial reporting.

Responsibilities

1. Manage and oversee all accounting functions for multiple projects, including budgeting, forecasting, and financial reporting.
2. Prepare and review project financial statements, analyze variances, and provide insights to project teams.
3. Ensure timely and accurate recording of all financial transactions and compliance with internal policies and external regulations.
4. Monitor project costs against the budget and advise on cost control measures.
5. Assist in the preparation of annual audits and coordinate with external auditors.
6. Provide mentorship and guidance to junior accounting staff and foster a collaborative team environment.
7. Continuously improve processes related to project accounting and reporting to enhance efficiency and effectiveness.
8. Oversee the financial management of multiple projects from start to finish.
9. Prepare accurate and timely financial reports, including margin analysis and profit and loss statements for projects.
10. Prepare/review client billing/IPA’s and follow up on collections.
11. Review project expenses.
12. Assist with month-end close processes.
13. Review subcontracts and other project-specific contracts.
14. Conduct monthly project financial status review meetings.
15. Analyze cost and revenue variances.

Minimum Qualifications

1. Bachelor's degree in Accounting, Finance, or a related field.
2. 5+ years of professional accounting experience.
3. Experience as a lead or senior project accountant on T&M and service contracts.
4. Knowledge of project costing, revenue recognition, and accruals-based accounting.
5. Excellent communication skills and experience with ERP systems.

Benefits and Opportunities

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and growing organization.
• Be part of a collaborative and supportive team.