Job Costing Accountant - Construction Experience
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Key skills for this role
About the Role
React Publishing and Advertising MENA seeks a Job Costing Accountant with construction experience in Abu Dhabi. The role involves tracking project costs, preparing profitability reports, and coordinating with project managers.
Key Skills for This Role
Responsibilities
- Maintain accurate job cost records for each project/job, including labor, materials, subcontractors, equipment, overheads, and other direct costs
- Allocate costs to the correct project, cost center, work order, or job code
- Review project expenses to ensure proper classification and supporting documentation
- Monitor project budgets versus actual costs and highlight variances
- Prepare job profitability reports and cost to complete analysis
- Track committed costs, including purchase orders, subcontractor agreements, and pending invoices
- Assist in calculating work in progress, accrued costs, and revenue recognition where applicable
- Review supplier and subcontractor invoices against purchase orders, delivery notes, contracts, and approved job budgets
- Support progress billing, milestone billing, or percentage of completion billing
- Prepare monthly job cost reports by project
- Reconcile job cost reports with the general ledger
- Support month end closing by preparing accruals, prepayments, WIP schedules, and project cost summaries
Requirements
- Bachelor's degree in Accounting, Finance, or related field
- 8 years of accounting experience, preferably in construction, contracting, engineering, manufacturing, facilities, or project based companies
- Strong knowledge of job costing, cost allocation, accruals, and reconciliations
- Good understanding of project budgets, purchase orders, subcontractor invoices, and WIP reporting
- Proficiency in MS Excel and accounting/ERP systems
- English proficiency
Full Job Posting
Job Overview
- We are looking for a Job Costing Accountant to join our team here in Abu Dhabi.
- You will be responsible for tracking, analysing, and reporting the costs of individual projects/jobs to ensure accurate profitability measurement, proper cost allocation, and timely financial reporting.
- The role focuses on monitoring project expenses, labour, materials, subcontractor costs, equipment usage, work in progress, and billing progress in coordination with project managers and operations teams.
Key Responsibilities
- Maintain accurate job cost records for each project/job, including labor, materials, subcontractors, equipment, overheads, and other direct costs.
- Allocate costs to the correct project, cost center, work order, or job code.
- Review project expenses to ensure proper classification and supporting documentation.
- Monitor project budgets versus actual costs and highlight variances.
- Prepare job profitability reports and cost to complete analysis.
- Track committed costs, including purchase orders, subcontractor agreements, and pending invoices.
- Assist in calculating work in progress, accrued costs, and revenue recognition where applicable.
- Review supplier and subcontractor invoices against purchase orders, delivery notes, contracts, and approved job budgets.
- Ensure invoices are charged to the correct project/job code.
- Coordinate with project managers for invoice approvals.
- Monitor unpaid project related liabilities and accrued expenses.
- Identify duplicate, unsupported, or incorrectly coded costs.
Billing & Revenue Support
- Support progress billing, milestone billing, or percentage of completion billing.
- Coordinate with operations/project teams to confirm work completed before invoicing.
- Reconcile project billing with contract values, variation orders, and approved claims.
- Track unbilled revenue, retention amounts, advance payments, and customer balances.
Reporting & Reconciliation
- Prepare monthly job cost reports by project.
- Reconcile job cost reports with the general ledger.
- Support month end closing by preparing accruals, prepayments, WIP schedules, and project cost summaries.
- Assist in preparing management reports showing project margins, cost overruns, and pending commitments.
- Maintain proper filing of project related financial documents.
Coordination & Compliance
- Work closely with project managers, procurement, warehouse, HR/payroll, and finance teams.
- Ensure compliance with company policies, approval matrix, and internal controls.
- Support internal and external audits by providing project cost schedules and supporting documents.
- Recommend improvements in job costing, cost tracking, and reporting processes.
Required Qualifications
- Bachelor's degree in Accounting, Finance, or related field.
- 8 years of accounting experience, preferably in construction, contracting, engineering, manufacturing, facilities, or project based companies.
- Strong knowledge of job costing, cost allocation, accruals, and reconciliations.
- Good understanding of project budgets, purchase orders, subcontractor invoices, and WIP reporting.
- Proficiency in MS Excel and accounting/ERP systems.
- Experience with construction/project accounting software is a plus.
Pay
- AED 8,000.00 AED 12,000.00 per month
Application Questions
- Are you willing to work in Mussafah, Abu Dhabi?
Additional Requirements
- Education: Bachelor's (Required)
- Experience: Cost accounting: 7 years (Required), Project accounting: 7 years (Required), Budgeting and Forecasting: 7 years (Required)
- Language: English (Required), Arabic (Preferred)
- Location: Abu Dhabi (Required)
- Work Location: In person
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