Senior Capital Accountant

3 weeks ago


Tabuk, Saudi Arabia NEOM Full time
Role Purpose:

To support the Capital Accounting Manager and be r esponsible for handling all project accounting matters for specified business/businesses (Region, Sector(s), or delivery Division).

Key Responsibilities:

  • Support Capital Accounting Manager in coordinating with Commercial, Technical, and Finance teams for accurate and timely financial management of projects.
  • Apply Transactional & Financial Accounting Principles, including IAS16 and IAS36 interpretation, for proper cost capitalization, valuation, reconciliation, and controls.
  • Collaborate with commercial and technical teams to monitor project progress from an accounting perspective, reviewing cost estimates and accruals.
  • Utilize SAP S/4HANA, PS (Project System), and Oracle PMIS for analyzing Capital Work in Progress on assigned projects.
  • Facilitate the transfer of CWIP to Fixed Assets in collaboration with Commercial, Technical, and Fixed Asset Accounting teams.
  • Contribute to annual project budget preparation and support Procurement and Accounts Payable teams.
  • Assist in financial analysis and completion of assigned activities.

Qualifications:

  • Bachelor's degree in Accounting, Commerce or Business Administration;
  • Professional qualification preferred;
  • Experience using a project-based ERP solution, ideally SAP PS;
  • Minimum of three years of experience working in a corporate organization in the project accounting function.
  • Good working knowledge of CAPEX and OPEX and IFRS standards
  • Knowledge of project based accounting and WBS heirarchy


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