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Project Accountant

1.00 to 5.00 Years   Dubai, United Arab Emirates   26 Oct, 2019
Mohamed Hilal Group
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryWholesale & Import/Export Trade; Perfume & Cosmetics
Functional AreaNot Mentioned

Job Description

This role is responsible for tracking, reporting and analysing the financial elements of both internal and external manufacturing projects by preparing project costing budgets, monitoring progress of projects, investigating variance of project costs, reviewing expenses, ensuring billing is up to date for external projects and producing project accounts and reports.?Key Responsibilities

  • Build project management budgetary control system for tracking of all budget and controlling costs
  • Manage supplier and contractor accounts with detailed tracking of payment terms and project duration
  • Facilitate ad hoc project requirements and review budget compliance for all variations
  • Liaise with procurement team to facilitate efficient procurement policies
  • Communicate with suppliers for trade financing arrangements
  • Create detailed list of ongoing and future projects to ensure completeness of all project records
  • Maintain project-related records, including contracts and change orders
  • Review funding limits and the payment of expenses into and out of project-related accounts
  • Review and approve supplier invoices related to a project, linked to budget
  • Review and approve time sheets for work related to all projects
  • Review and approve overhead charges to be applied to projects
  • Review account totals related to project assets and expenses
  • Investigate project variances and submit variance reports to management
  • Confer with receivables / payables staff regarding unpaid contract billings for external projects, or payments
  • Report on project profitability to management
  • Report to management on any opportunities for additional billings for external projects
  • Maintain a detailed tracker regarding the remaining funding available for projects
  • Create or review all project-related billings to customers
  • Investigate all project expenses not billed to customers / included in internal project costs
  • Respond to requests for more detail from customers or management
  • Close out project accounts upon project completion
  • Prepare necessary inputs for all necessary compliance requirements
  • Compile information for internal and external auditors, as required

Keyskills :
Accounting Finance Project Management Budget Monitoring Budgeting

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