Project Accountant
Skills
About This Role
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.
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)
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