Project Accountant
2 weeks ago
Al Awael Modern Contracting Company- Job Detail**Industry**
- Construction / Cement / Metals**Functional Area**:
- Accounts, Finance & Financial Services**Total Position**:
- 1**Job Type**:
- Full Time/Permanent**Department**:
- Al Awael Modern Contracting Company**Job Location**:
- Riyadh, Saudi Arabia**Career Level**:
- Experienced Professional**Education**:
- Bachelors**Minimum Experience**:
- 5 Years**Work Permit**:
- Saudi Arabia- Oct 28, 2024**Posted On**:
- Oct 28, 2024- Job Description**1. 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, Cooordination Skills, Audit Assignment Handling, Planning and Budgeting, Financial Statements Management, Accounts Management Skllis, Project Accounting
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