naukri
Senior Project Accountant
HOMEWIDE LLC
Dubai, UAE
Parttime
Senior
3 months ago
Senior AccountantProject AccountingBudgetingCost TrackingRevenue RecognitionFinancial Reporting
Free
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Senior AccountantProject AccountingBudgeting
About the Role
Develop project budgets, monitor costs, perform variance analysis, ensure revenue recognition, and support audits while leading a project accounting team.
Key Skills for This Role
Senior AccountantProject AccountingBudgetingCost TrackingRevenue RecognitionFinancial Reporting
Full Job Posting
Overview
- Develop project budgets in collaboration with project managers and leadership.
- Monitor project costs, commitments, and profitability on an ongoing basis.
- Perform project cost forecasting, variance analysis, and risk assessment.
- Set up and maintain project accounts in the accounting system.
- Ensure correct revenue recognition based on project milestones, completion percentages, or contracts (IFRS 15 if applicable).
- Prepare monthly and quarterly project financial reports for internal and external stakeholders.
- Analyze project performance against budget, forecast, and prior periods.
- Provide insights and recommendations to improve project financial outcomes.
- Support project audits by providing necessary documentation and explanations.
- Ensure projects comply with internal financial policies and external contractual requirements.
- Maintain proper documentation for all project-related financial transactions.
- Review and approve project-related invoices, purchase orders, and timesheets.
- Develop and implement financial plans to achieve finance department objectives.
- Monitor and report on team performance metrics, ensuring alignment with department and corporate goals.
- Supervise and support team members, ensuring they have the resources and guidance needed to succeed.
- Identify training needs and opportunities for professional development within the team.
- Plan, schedule, coach, and manage staff to promote efficiency in completing their job responsibilities.
- Liaise with the leadership team to improve financial processes.
- Work closely with project managers, procurement, and operations teams to align financial data with project progress.
- Assist in preparing project proposals and pricing strategies from a financial perspective.
- Follow governance policies and procedures within their roles.
- Collect and analyse data to prepare detailed reports on team performance and project status for senior management review.
- Engage in training to improve management and technical skills, supporting team performance and MHAO’s objectives.
- Coordinate change activities within teams, ensuring clear communication and seamless implementation.
- Protect the organization’s value by keeping information confidential.
- Perform any other tasks and duties assigned from time to time.
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