Project Accountant (Project Controller)

lxbfYeaa - Saudi - Dammam

Project Accountant (PA) is a key member of the finance team and works directly with the construction project managers to support project delivery teams across the entire project life cycle from bidding to close-out. The PA is expected to support several projects simultaneously, flexible in dealing with multiple project managers, while maintaining the required level of standards demanded by the organisation. As a key business partner, the PA serves as an interface between operations and finance, supporting project delivery teams with timely insights into the financial performance of projects to ensure delivery against plans. Responsibilities: • Monitor project performance (revenue recognition & Cost of Sales accounting), determine improvement areas by developing key performance indicators for critical metrics; clearly communicate projects’ results and status to stakeholders on a regular basis • Active involvement in project budgeting and forecasting processes; administer and review all plans against actual results with a view to identify, explain and correct variances as appropriate • Maintain project schedule and cost forecast throughout project lifecycle • Analyse schedule and cost trends and provides actual and forecasted cost schedules to project team • Provide insights into project WIP, collections, risks, opportunities and cashflow being familiar with essentials of individual construction contracts • Present all financial data in a transparent way, attends project and management review to present cost status • Actively reviewing and recommending measures for continuous improvement in project management and reporting processes

• Degree in Accountancy, ACCA or equivalent, with 3-5 years of relevant experience. • Prior exposure to accounting for construction contracts is essential • Keen analytical, organization and problem-solving skills which allows for strategic data interpretation versus simple reporting • Readiness to spend time on construction projects, especially during initial employment phase to learn and familiarize with basics on products and relevant details of project lifecycle management • Strong interpersonal and communication skills; experience in effectively communicating key financial data and the ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers • Advanced Microsoft Excel skills is essential • Ability to identify and implement change

Post date: 03 Muharram 1446 - 9 July 2024
Publisher: Gulf Talnet
Post date: 03 Muharram 1446 - 9 July 2024
Publisher: Gulf Talnet