Project Accountant

Position Type:** Full‑Time, Project‑Based

Role Overview

Key Responsibilities

• Monitor and record all project‑related expenditures (materials, subcontractors, labor, equipment, logistics).
• Maintain accurate cost‑tracking sheets aligned with the project budget and BOQ.
• Support the QS in preparing cost impact assessments for design changes, variations, and additional works.
• Assist in preparing monthly cost reports and financial summaries for management.
• Work closely with the QS to verify quantities, variations, and commercial submissions.
• Track approved and pending variations, claims, and change orders.
• Update cost logs, variation registers, and commercial trackers.
• Support the preparation of EOT and claim documentation from a financial perspective.
• Review subcontractor invoices, delivery notes, and payment applications.
• Verify quantities and rates in coordination with QS and site engineers.
• Maintain records of contracts, purchase orders, and payment certificates.
• Follow up on pending approvals and ensure timely processing of payments.
• Monitor budget consumption and highlight deviations to the Project Manager.
• Assist in preparing cash‑flow forecasts and monthly financial projections.
• Track procurement commitments and long‑lead item expenditures.
• Support the Planner in aligning financial forecasts with project schedules.
• Maintain organized financial records, invoices, receipts, and supporting documents.
• Ensure compliance with company accounting policies and project procedures.
• Prepare documentation required for audits, client reporting, and internal reviews.
• Support preparation of final accounts and project close‑out financial packages.
• Prepare weekly and monthly financial reports for the Project Manager.
• Provide cost data and financial insights during coordination meetings.
• Communicate with suppliers, subcontractors, and internal departments regarding financial matters.
• Highlight financial risks, pending approvals, and cost exposures.

Required Qualifications & Skills

• Bachelor’s degree in **Accounting**, **Finance**, or related field.
• **Minimum 5–8 years of experience** in project accounting within the construction industry.
• **Must have experience working with a reputable main contractor** on large‑scale projects.
• Experience in hospitality, luxury hotels, mixed‑use developments, or high‑end construction is preferred.
• Strong knowledge of cost control, invoicing, procurement processes, and project financial reporting.
• Proficiency in MS Excel and accounting/ERP systems.
• Strong coordination, communication, and documentation skills.
• Ability to work in a fast‑paced site environment and meet deadlines.
• GCC or international project experience.
• Experience with luxury hotels, mixed‑use developments, or high‑end construction projects.
• Familiarity with QS workflows, planning schedules, and procurement cycles.
• Please ensure you have reviewed the details thoroughly and apply only if you meet the specified qualifications and requirements.