Accounting Manager

  1. Financial Management & Reporting
  • Prepare and maintain financial records for multiple construction projects.
  • Generate periodic financial reports (balance sheet, cash flow).
  • Monitor project cash flows and ensure timely invoicing and collections.
  • Prepare monthly project cost reports and variance analyses.

2- Project Accounting

  • Set up and monitor budgets for each project in coordination with project managers.
  • Track costs against budgets and flag any overruns or variances.
  • Monitor expenses related to labor, materials, equipment, subcontractors, etc.
  • Handle cost allocations and job costing using construction accounting software.

3- Compliance & Audit

  • Ensure compliance with tax regulations, VAT laws, and labor laws.
  • Coordinate internal and external audits; respond to audit queries.
  • Maintain proper documentation for all financial transactions and contracts.
  • Manage reporting and filing requirements (Share).

4- Accounts Payable & Receivable

  • Supervise processing of vendor invoices, subcontractor payments, and retention releases.
  • Follow up on overdue payments.
  • Verify work completion before releasing payments to vendors/subcontractors.
  • Follow up bank statements and supplier accounts on a regular basis.

5. Budgeting & Forecasting

  • Assist management in preparing annual budgets and financial forecasts.
  • Monitor expenditures and support cost control initiatives.
  • Conduct financial feasibility analysis for new projects or tenders.

6. Leadership & Team Management

  • Lead and train the accounting team to ensure high standards and accuracy.
  • Delegate tasks efficiently and ensure timely completion of financial activities.
  • Develop and implement financial policies and internal controls.

7. Coordination & Communication

  • Collaborate with procurement, project, and HR departments to ensure financial accuracy.
  • Act as a financial advisor to project managers and senior management.
  • Support tendering and bidding processes by providing necessary financial data.

The candidate must have experience in Construction project finance, cost control, and vendor Knowledge.Education: Essential Requirements - Bachelor's degree in accounting/finance, +5 years in similar role, Experience in Construction Sector - Strong Excel and Finical modeling Skills.- Very Good command of English.- Solid understanding of financial regulations and reporting standards   
Post date: 15 July 2025
Publisher: Wuzzuf .com
Post date: 15 July 2025
Publisher: Wuzzuf .com