Job Summary

Job Summary:
We are seeking an experienced and methodical Senior Project Accountant to join our finance team. The role will provide financial oversight for a portfolio of projects ensuring accurate project accounting timely reporting forecasting and compliance with internal controls and external requirements. The successful candidate will work closely with project managers commercial teams and central finance to support profitable delivery manage project financial performance and drive improvements to project accounting processes.

Key Ownership & Accountability

Own the endtoend project accounting function for assigned projects ensuring accuracy of project ledgers revenue recognition costs WIP and margins.
Provide timely insightful financial information to project managers and stakeholders to support decision making and commercial performance management.
Ensure compliance with company accounting policies group reporting requirements and relevant accounting standards (for example IFRS or UK GAAP).
Act as the primary finance contact for projects liaising with commercial procurement operations and external auditors as required.

Core Responsibilities

Prepare and maintain project cost reports revenue schedules and WIP reconciliations on a monthly basis; identify and explain variances to budgets and forecasts.
Perform monthend project accounting activities including accruals prepayments deferred income contract adjustments and journal postings.
Support project forecasting and reforecasts working with project teams to capture changes to scope schedule and cost that impact financials.
Manage contract accounting matters such as milestone billing percentage of completion calculations claims variations and retention accounting.
Review and validate project invoices subcontractor invoices and cost allocations; raise and resolve queries with suppliers and internal stakeholders.
Ensure appropriate controls around project spend purchase order compliance and capitalisation versus expense treatments.
Contribute to the annual audit and interim reviews producing schedules and supporting documentation for internal and external auditors.
Drive continuous improvement in project accounting processes systems and reporting; support system implementations upgrades and data reconciliations.
Coach and mentor more junior finance colleagues involved in project accounting tasks and promote best practice across the team.

Skills & Experience

Qualified accountant (ACCA CIMA ICAEW or equivalent) or partqualified with substantial project accounting experience.
Proven experience in project or contract accounting within construction engineering professional services or similar projectbased sectors.
Strong technical accounting knowledge including revenue recognition WIP cost recognition provisions and contract accounting.
Excellent Excel skills and experience with ERP/finance systems; experience of project accounting modules or tools is advantageous.
High attention to detail with strong analytical and problemsolving skills and the ability to interpret complex financial information.
Effective communicator with experience working crossfunctionally and presenting financial information to nonfinance stakeholders.
Proactive organised and able to manage multiple projects and deadlines with minimal supervision.

Qualifications & Additional Information

Qualified accountant (ACCA CIMA ICAEW) preferred; consideration given to experienced partqualified candidates.
Typically5 years relevant experience in project or contract accounting; sector experience in projectbased industries is desirable.
Ability to travel occasionally to project sites or other offices as required.
Willingness to work flexibly to meet monthend and reporting deadlines when necessary.
Commitment to maintaining confidentiality and complying with company policies governance and data protection requirements.

Job Summary:We are seeking an experienced and methodical Senior Project Accountant to join our finance team. The role will provide financial oversight for a portfolio of projects ensuring accurate project accounting timely reporting forecasting and compliance with internal controls and external requ...

Key Ownership & Accountability

Own the endtoend project accounting function for assigned projects ensuring accuracy of project ledgers revenue recognition costs WIP and margins.
Provide timely insightful financial information to project managers and stakeholders to support decision making and commercial performance management.
Ensure compliance with company accounting policies group reporting requirements and relevant accounting standards (for example IFRS or UK GAAP).
Act as the primary finance contact for projects liaising with commercial procurement operations and external auditors as required.

Core Responsibilities

Prepare and maintain project cost reports revenue schedules and WIP reconciliations on a monthly basis; identify and explain variances to budgets and forecasts.
Perform monthend project accounting activities including accruals prepayments deferred income contract adjustments and journal postings.
Support project forecasting and reforecasts working with project teams to capture changes to scope schedule and cost that impact financials.
Manage contract accounting matters such as milestone billing percentage of completion calculations claims variations and retention accounting.
Review and validate project invoices subcontractor invoices and cost allocations; raise and resolve queries with suppliers and internal stakeholders.
Ensure appropriate controls around project spend purchase order compliance and capitalisation versus expense treatments.
Contribute to the annual audit and interim reviews producing schedules and supporting documentation for internal and external auditors.
Drive continuous improvement in project accounting processes systems and reporting; support system implementations upgrades and data reconciliations.
Coach and mentor more junior finance colleagues involved in project accounting tasks and promote best practice across the team.

Skills & Experience

Qualified accountant (ACCA CIMA ICAEW or equivalent) or partqualified with substantial project accounting experience.
Proven experience in project or contract accounting within construction engineering professional services or similar projectbased sectors.
Strong technical accounting knowledge including revenue recognition WIP cost recognition provisions and contract accounting.
Excellent Excel skills and experience with ERP/finance systems; experience of project accounting modules or tools is advantageous.
High attention to detail with strong analytical and problemsolving skills and the ability to interpret complex financial information.
Effective communicator with experience working crossfunctionally and presenting financial information to nonfinance stakeholders.
Proactive organised and able to manage multiple projects and deadlines with minimal supervision.

Qualifications & Additional Information

Qualified accountant (ACCA CIMA ICAEW) preferred; consideration given to experienced partqualified candidates.
Typically5 years relevant experience in project or contract accounting; sector experience in projectbased industries is desirable.
Ability to travel occasionally to project sites or other offices as required.
Willingness to work flexibly to meet monthend and reporting deadlines when necessary.
Commitment to maintaining confidentiality and complying with company policies governance and data protection requirements.

Key Skills

Accounting Software
Construction Experience
GAAP
Accounting
Yardi
Sage
Account Reconciliation
Accrual Accounting
Microsoft Excel
ERP Systems
JD Edwards
Contracts

Apply Now

About Company

NAFFCO

1000 employees

Headquartered in Dubai, NAFFCO FZCO is among the world’s leading producers and suppliers of top-tier firefighting equipment, fire protection systems, fire alarms, security and safety engineering systems. Aligned with our vision to become world’s no.1 provider of innovative ... View more

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Senior Project Accountant

Dubai - UAE

Job Summary

Key Ownership & Accountability

Core Responsibilities

Skills & Experience

Qualifications & Additional Information

Key Ownership & Accountability

Core Responsibilities

Skills & Experience

Qualifications & Additional Information

Key Skills

About Company

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