Project Accountant

Role Summary

The Project Accountant plays a critical role in safeguarding the financial health of NEID's construction and fit-out projects. Working closely with Project Managers, Quantity Surveyors, and the central Finance team, this role is responsible for the end-to-end financial management of assigned projects, including budget baselining, 3-way matching, subcontractor financial controls, and accurate cost reporting using Microsoft Dynamics 365.

Key Responsibilities

• Project Setup & Budgeting: Translate awarded contract BOQs into formal WBS-structured budget baselines in MS Dynamics 365 Project module.
• Procurement Controls: Enforce the strict 3-way match process (PO vs. GRN vs. Invoice) for all material procurement.
• Subcontractor Financial Control: Manage subcontractor advance payments, ensuring Advance Payment Bonds and Performance Guarantees are received before funds are released.
• Subcontractor Payments: Process subcontractor interim payment certificates, ensuring they are supported by approved SRNs reflecting physical site progress.
• Financial Reporting: Prepare monthly project cost reports, tracking AC against BAC, and update the Estimate at Completion (EAC) monthly.
• Monthly PFR: Drive the Monthly Project Financial Review (PFR), presenting EAC, CPI, SPI, and cash flow for each project.

Qualifications & Experience

• Industry Experience: Minimum 5 years in construction, contracting, or interior fit-out in the UAE.
• Systems: Hands-on MS Dynamics 365 Finance & Project Operations experience — MANDATORY.
• Qualifications: CPA, ACCA, CIMA, or CMA qualification preferred.
• Technical Knowledge: Deep knowledge of WIP, percentage of completion, retentions, advance payment bonds, and 3-way matching.

Job Types: Contract, Permanent

Application Question(s):

• Knowledgeable and Operate Microsoft Business Dynamic 360
• Should have 5years experience in Interior fit-out and construction company within UAE?

Experience:

• Project Accountant: 5 years (Required)

License/Certification:

• CPA, ACCA, CIMA or CMA (Required)

Work Location: In person