Senior Accountant

About the Role

Control and coordinate the activities of accountants, ensuring the timely production of financial statements and reports and compliance with statutory, regulatory and international accounting standards. Manage and report the financial performance of the projects. Lead and oversee the fixed asset accounting function, ensuring accurate reporting, control, and compliance with financial policies. Provides guidance to junior accountants and supports strategic asset-related planning (Fixed Assets).

Responsibilities

• Administer periodic closing process, generate actual costs reports and verify account reconciliation.
• Analyse material variances against the budget lines and communicate them to relevant stakeholders.
• Prepare financial analyses and report of the project.
• Liaise with project controls team for timely upload of budget and including revisions in the system.
• Maintain database of project related costs and provide estimating data for pricing of tenders.
• Monitor bank transactions, bank position statements & foreign currency fluctuations.
• Follow-up the collection of Accounts Receivables and escalate overdue amount to relevant parties.
• Help auditors during the auditing process.
• Establish & maintain contacts with banks, clients and suppliers.
• Prepare and review cash flow data in consultation with project controls forecasts.
• Monitor record of procured bank guarantees in relation to client progress payments and stage of project completion.
• Further discuss the course of action required in consultation with team leader.
• Perform other tasks as may be instructed from time to time.
• Compliance in accordance with HSE Standards.

Fixed Assets

• Oversee and review the FAR to ensure completeness and accuracy.
• Lead monthly closing activities related to fixed assets.
• Perform detailed variance analysis and reporting on asset utilization, depreciation, and impairments.
• Develop and maintain fixed asset accounting policies and procedures.
• Coordinate asset verification and audit with internal and external stakeholders.
• Mentor and support junior team members in asset-related processes.
• Collaborate with IT, procurement, and operations for system enhancements and asset lifecycle tracking.

Qualifications

Bachelor’s degree in finance, Accountancy, Accounting or equivalent.

Required Skills

Minimum 08 years' experience in Accounting & Finance in related industries.