Job Title: Senior ProjectAccountant
Location:Sohar
Department:Finance/Accounting
Reports To:CFO
Type:FullTime
JobOverview:
The Senior Project Accountantwill be responsible for managing the full spectrum of financialactivities for a major construction project directly from theproject site. This role demands a highly experienced accountant whocan independently handle all accounting functionsfrom data entry tofinancial statement finalization. The ideal candidate will ensurefinancial integrity compliance and efficiency acting as thefinancial backbone of the project while collaborating closely withthe site management team.
KeyResponsibilities:
* FullCycleAccounting: Independently manage all accounting processesfor the project including accounts payable accounts receivablepayroll job costing and general ledgerentries.
* Budget Management:Develop monitor and update project budgets ensuring that allexpenditures align with project goals and financialconstraints.
* FinancialReporting: Prepare and present comprehensive financialreports including monthly project financial statements costvariance reports and cash flowprojections.
* Job Costing &WIP: Oversee job costing and Work in Progress (WIP)reporting ensuring accurate tracking and allocation of projectcosts.
* Revenue & ExpenseManagement: Manage project billing ensuring timely andaccurate invoicing revenue recognition and expensemanagement.
* MonthEnd Close:Conduct the monthend close process for the project includingreconciliation of accounts preparation of journal entries andfinalization of financialstatements.
* Contract &Compliance Management: Review and manage all financialaspects of contracts including subcontractor agreements purchaseorders and change orders ensuring compliance with contractualobligations and companypolicies.
* Audit Preparation:Prepare for internal and external audits providing all necessarydocumentation and explanations related to the projects financialactivities.
* Cash FlowManagement: Monitor project cash flow ensuring sufficientfunds are available to meet obligations. Manage payment schedulesand liaise with banks or financial institutions asneeded.
* Tax Compliance:Ensure the project complies with all relevant tax regulationsincluding sales tax use tax and payrolltax.
* Site Collaboration:Work closely with the site management team including projectmanagers engineers and procurement staff to provide financialinsights and supportdecisionmaking.
* SoftwareUtilization: Utilize construction accounting software(e.g. Sage 300 QuickBooks Procore) for data entry financialtracking and reporting.
* FinancialControl: Implement and maintain robust financial controlsonsite to prevent errors fraud andinefficiencies.
Qualifications:
* Education:Bachelors degree in Accounting Finance or related field. Advanceddegreepreferred.
* Experience:Minimum of 57 years of accounting experience with at least 3 yearsin a construction project accountingrole.
* Skills: Strongproficiency in construction accounting including job costing WIPreporting and percentage of completionaccounting.
Job Type:Fulltime
This job has been sourced from an external jobboard.
More jobs on