Project Accountant job in Riyadh Province

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Job Description

We are currently hiring for a new role as a Project Accountant on a major construction project in KSA.The role reports to the Project Director with a functional report to the Middle East Financial Controller. The individual will be the Finance representative within the project team and will be the link between the project and the regional finance team.

The position is based in Riyadh and may involve occasional travel to different project locations in KSA. The successful candidate must be able to demonstrate experience working as a project accountant/controller in a construction/engineering/Oil & Gas company.

Responsibilities

Preparation, submission and tracking of monthly customer invoices.
Reconciliation of invoicing to contract terms, ensuring invoicing is maximised in line with the contract.
Maintain correct accruals for all project costs.
Liaison with client contacts and suppliers.
Close monitoring of project costs and investigation of variances to budget.
Identify risks and opportunities to both project income and costs.
Monthly reporting of project financial performance to Project Director and Financial Controller.
Forecasting of future income, costs and cash flow.
Must adhere to and enforce group financial policies and processes.
Keep Project Director and Financial Controller apprised of relevant issues.
Adopt internal best practice for project accounting with support given by central project accounting team based in Dubai.
Administration of all financial documentation relating to project such as signed contracts, original bid data, bonds, payment milestones, and other documents required for audit.

SNC Lavalin’s Faithful+Gould business is one of the world’s leading integrated project and programme management consultancies; with over 2,400 professionals operating worldwide.

Our aim is to protect and maximise our clients’ interests throughout the planning and delivery of projects, ensuring they are delivered on time, on budget. We pride ourselves on collaborating with client teams and developing long-term relationships.

Key services include :Project management, programme management, project controls, commercial management, cost management and expert scheduling and construction planning.

Our industry is going through a digital transformation and we have been investing in and pioneering digital methods to improve all aspects of our service. We have focussed our digital transformation around platform modernisation and product development and through standardisation and automation, we are achieving efficiencies that are directly passed on our clients who benefit from a consistent quality of service as well as the savings.

Active in the Middle East for over 20 years, we have offices in the UAE, Qatar, Oman and Saudi Arabia. We hire and retain only the best people in the industry. Our success is built on recruiting – and then developing – brilliant people from a broad range of professional and cultural backgrounds. It’s precisely this diversity of talent that sets us apart.

Acquired by SNC Lavalin in 2017, we also have an extensive depth of geographic exposure across 50 countries and the breadth of 53,000 experts. As one of the largest engineering contractors, we have access to 17,000 staff in the Middle East making us one of the largest multidisciplinary consultancies in the region.

Qualifications:

Bachelor’s degree in Finance/Accounting is advantageous but not essential.

Essential Criteria:

Strong accounting skills.
Advanced knowledge of Microsoft Excel.
Good communications skills including a very good level of English both written and verbal.
Proven ability to form strong relationships internally and externally, with all levels of seniority.
Time management – able to prioritize, plan ahead and achieve objectives within set timescales.
Can handle high volume of workload without compromising quality of output.
Desirable
Experience of working within a multi-cultural environment.

Rewards and Benefits

We offer an excellent package which includes:

A competitive salary
Accommodation allowance
Transportation allowance
22 calendar days annual leave
Medical and life insurance cover
Company gratuity scheme
Discretionary bonus scheme
Annual flight allowance to point of origin
Employee Well-Being Programme – 24 hour free advice on financial, legal and family care specialists and also access to personal health, fitness and nutrition consultants

How the New Murabba project is contributing to Saudi Vision 2030

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Middle East

Content type

Blogs

Publish date

04/26/2024

Summary

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Learn how New Murabba city is playing a huge part in reaching Saudi Vision 2030.