Project Accountant

Job Description

Review contractor invoice submissions and ensure that:The invoice amount is calculated correctly in accordance with the contract.The required supporting information, documents and approvals are enclosed with the invoice.Update invoice/payment tracker and ensure accuracy and completeness of information in the tracker.Prepare payment certificates and other payment documents as per the client and Assets Affairs Payment Procedure and submit for approvals.Process contractor invoices in an efficient and timely manner to achieve the Finance Units processing time target.Ensure assigned payment processing function is carried out in compliance with the client and Assets Affairs Payment Procedure.Effectively communicate (in writing and verbally) with Assets Affairs staff and other departments (e.g. EBD, Corporate Finance, etc.) within the client as required to get payments approved/processed and resolve issues related to payment processing.Effectively communicate (in writing and verbally) with contractors to inform contractors about the client / Assets Affairs payment processing requirements and procedure, and to resolve any issues related to contractor invoice submissions.Record resource and key activity costs based on the Assets Affairs costing model and guidelines.Assist with developing and implementing new initiatives to achieve the Finance Unit objectivesPrepare Assets Affairs financial management procedures and guidelinesPrepare daily revenue/cash collection email report to managementPrepare cash receipt reconciliation between systemsPrepare outstanding receivable ageing report to control the collection processPrepare revenue forecast and cash collection projectionPrepare monthly cash collection actual vs. target YTD / full year analysis and present to stakeholders and managementPrepare credit notes and send them with justification and supporting documents to management for approvalReview billing information inputs to ensure accuracyPrepare bills as per the procedures and guidelinesPrepare annual revenue and cash collection budgetProvide information and recommendations to resolve collection disputes in collaboration with the relevant departmentsAssist with developing and implementing new initiatives to achieve the Finance Unit objectivesProvide training for billing and collection platform usersPrepare/maintain Assets Affairs financial management procedures and guidelines REQUIREMENTS: Bachelors in Accounting, Finance, Commerce or Business Administration or in a relevant subject.Education qualification obtained from North America, West Europe, AustraliaHolder of current/valid Qatar Driving LicenseHolder of Accounting certificate such as CIMA , CMA , CPA or CAExperience:Minimum of 8 years work experience in a similar positionKnowledge of Microsoft Office Packages and in particular Microsoft Excel 2010Ability to communicate verbally and in writing in English is essentialAbility to communicate verbally and in writing in Arabic is preferred

Keyskills :

About Company

Qatar Project Management (QPM) is an independent subsidiary of Barwa Real Estate Development Company that provides expertise in Project Management, Design Management, Construction Management, and Contract Administration together with other associated Project Management functions. Established in 2008, QPM is centralized platform for provision of Project Management services to Barwa and Qatari Diar as well as local and international markets. QPM provides these services through an in-house team of highly-skilled, motivated, and qualified professionals supported by state-of-the-art information technology and highly-effective Project Management systems.