Project Accountant

MDAR Food Company
Dubai
AED 50,000 - 200,000
Job description

We are seeking to hire a self-starter and dynamic individual for the role of Project Accountant to be based in Dubai. The role and responsibilities include:

  1. Monitoring the project budget by identifying variances in the projected results and implementing changes to correct them.
  2. Tracking project expenses in order to control various types of cost behavior, such as variable vs fixed or direct vs indirect cost.
  3. Facilitating the alignment of revenue recognition with accounting standards to allow for specific profitability analyses.
  4. Ensuring compliance with financial regulations and standards, which is crucial for internal audit processes.
  5. Supporting informed decision-making to ensure project viability and successful future investments.
  6. In addition to the above, the incumbent would also be required to have the following skillsets:
    1. Developing project accounting plans, monitoring actual expenses compared to the budget, and providing financial insights.
    2. Recognizing revenue based on project milestones to ensure that financials align with project progress.
    3. Approving expenses and maintaining financial records to ensure data integrity and transparency for reliable data and transparent client relationships.
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