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indeed

Job Costing Accountant | Bilingual

React Publishing and Advertising MENA
Mussafah, UAE
fulltime
Senior
AED 10,000/month
1 weeks ago
IFRSGAAPAuditTaxFinancial ReportingBookkeeping
Free

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Overview

The Accountant will be responsible for tracking, analysing, and reporting the costs of individual projects/jobs to ensure accurate profitability measurement, proper cost allocation, and timely financial reporting.

The role focuses on monitoring project expenses, labor, materials, subcontractor costs, equipment usage, work-in-progress, and billing progress in coordination with project managers and operations teams.

Job Costing & Project Accounting

  • Maintain accurate job cost records for each project/job, including labor, materials, subcontractors, equipment, overheads, and other direct costs.
  • Allocate costs to the correct project, cost center, work order, or job code.
  • Review project expenses to ensure proper classification and supporting documentation.
  • Monitor project budgets versus actual costs and highlight variances.
  • Prepare job profitability reports and cost-to-complete analysis.
  • Track committed costs, including purchase orders, subcontractor agreements, and pending invoices.
  • Assist in calculating work-in-progress, accrued costs, and revenue recognition where applicable.

Accounts Payable & Cost Control

  • Review supplier and subcontractor invoices against purchase orders, delivery notes, contracts, and approved job budgets.
  • Ensure invoices are charged to the correct project/job code.
  • Coordinate with project managers for invoice approvals.
  • Monitor unpaid project-related liabilities and accrued expenses.
  • Identify duplicate, unsupported, or incorrectly coded costs.

Billing & Revenue Support

  • Support progress billing, milestone billing, or percentage-of-completion billing.
  • Coordinate with operations/project teams to confirm work completed before invoicing.
  • Reconcile project billing with contract values, variation orders, and approved claims.
  • Track unbilled revenue, retention amounts, advance payments, and customer balances.

Reporting & Reconciliation

  • Prepare monthly job cost reports by project.
  • Reconcile job cost reports with the general ledger.
  • Support month-end closing by preparing accruals, prepayments, WIP schedules, and project cost summaries.
  • Assist in preparing management reports showing project margins, cost overruns, and pending commitments.
  • Maintain proper filing of project-related financial documents.

Coordination & Compliance

  • Work closely with project managers, procurement, warehouse, HR/payroll, and finance teams.
  • Ensure compliance with company policies, approval matrix, and internal controls.
  • Support internal and external audits by providing project cost schedules and supporting documents.
  • Recommend improvements in job costing, cost tracking, and reporting processes.

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or related field.
  • 7 years of accounting experience, preferably in construction, contracting, engineering, manufacturing, facilities, or project-based companies.
  • Strong knowledge of job costing, cost allocation, accruals, and reconciliations.
  • Good understanding of project budgets, purchase orders, subcontractor invoices, and WIP reporting.
  • Proficiency in MS Excel and accounting/ERP systems.
  • Experience with construction/project accounting software is a plus.
  • Pay: AED10,000.00 - AED12,000.00 per month

Education

  • Bachelor's (Preferred)

Experience

  • Cost Accounting : 7 years (Preferred)
  • project accounting: 7 years (Preferred)
  • Budget vs. actual analysis: 7 years (Preferred)
  • Accounts Payable : 7 years (Preferred)
  • Reporting & Reconciliation: 7 years (Preferred)

Language

  • Arabic (Preferred)
  • English (Preferred)

Location

  • Mussafah (Required)
  • Willingness to travel:
  • 100% (Preferred)

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