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Project Accountant
JOB DESCRIPTION
- Maintain financial control over security systems and managed services projects, including budgeting, cost tracking, and forecasting.
- Monitor project costs, commitments, variations, and margins to ensure profitability.
- Prepare monthly project financial reports, variance analysis, and management dashboards.
- Coordinate with Project Managers on cost control, revenue recognition, and project performance.
- Manage project billing, including progress invoices, AMC billing, variations, and final accounts.
- Track contract values, change orders, and ensure accurate revenue recognition in line with IFRS.
- Monitor cash flow, aging, and follow up on receivables related to projects and service contracts.
- Support month-end and year-end closing activities related to projects.
- Ensure compliance with company financial policies, internal controls, and UAE VAT regulations.
- Assist internal and external audits by providing project financial documentation.
REQUIREMENTS
- Bachelors degree in accounting, Finance, or a related field.
- 3–6 years experience as a Project Accountant within security systems, engineering services, MEP, ELV, ICT, or managed services environments.
- Strong knowledge of project accounting, cost control, contract-based billing, AMC contracts, service revenue, and project milestones.
- Proficiency in ERP/accounting systems with advanced MS Excel skills.
- Sound understanding of IFRS and UAE VAT regulations.
- Strong analytical, communication, and stakeholder management skills.
- Professional certification (ACCA, CPA, or CMA) is an advantage.
- Experience in CCTV, Access Control, ELV, BMS, ICT, or integrated security projects preferred.
- Ability to manage multiple concurrent projects in a fast-paced environment.
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