Project Accountant

Full time at a Laimoon Verified Company in Saudi Arabia

Posted on January 8, 2025

Job details

Project AccountantAl Awael Modern Contracting CompanyJob Location: Riyadh, Saudi ArabiaEducation: BachelorsMinimum Experience: 5 Years1. Job Summary / Goals:Responsible for providing financial and administrative information to ensure effective, efficient, and accurate operations of the company.Ensure month-end closing is completed within the defined time limits.Maintain accurate financial records.Execute all tasks within the specified scope in compliance with the company's Quality Management System (QMS), Health, Safety and Environmental Management System (HSEMS), and Information Security Management System (ISMS).2. Specific Responsibilities / Functions:Assist the Accounts Manager in preparing financial statements, trial balances, balance sheets, and statistical reports as required, and support in annual budget preparation.Allocate expenses to appropriate cost centres, ensuring accuracy and reallocation as needed.Record expense reports submitted by management and staff.Handle accounts receivable, and accounts payable activities.Perform day-to-day processing of accounts payable transactions to maintain accurate books of account.Receive and verify invoices and requisitions from the site office for goods and services.Verify that transactions comply with financial policies, procedures, and Saudi-specific regulations.Prepare and enter batches of invoices for payment and process backup reports after data entry.Manage weekly cheque runs and maintain the general ledger.Ensure salaries are prepared and transferred according to WPS (Wage Protection System) requirements.Ensure compliance with Zakat, VAT.Oversee end-of-service payments, dispersing funds to employees' bank accounts.Keep accurate records of all payments made to employees and update the system.Ensure confidentiality of financial and employee records.Manage supplier inquiries, ensuring timely payments and reconciliation of supplier accounts.Prepare accounts payable statements and conduct age analysis of accounts payable.Comply with the company's information security policies and report any incidents related to security breaches.3. Job Specification (Qualification, Experience, Skills & Trainings):Bachelor's degree in accounting or finance with at least 5-7 years of work experience, preferably in an MEP (Mechanical, Electrical, and Plumbing) organization.Strong knowledge of computerized financial and accounting systems.Solid understanding of business management principles and practices.Ability to plan, organize, implement, and administer complex record-keeping systems and procedures efficiently.Strong knowledge of auditing policies, standards, and procedures.Ability to handle multiple complex tasks and meet deadlines.Excellent communication skills, both verbal and written.Proficiency in MS Excel and MS Word.On-the-job training experience.CMA certification.Required Skills: Voucher Management, Coordination Skills, Audit Assignment Handling, Planning and Budgeting, Financial Statements Management, Accounts Management Skills, Project Accounting

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Project Accountant

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