Accountant - Project Accounting

Job description / Role

Job Summary:
* Assist in conducting Project Accounting and system update activities for specific assigned projects

Roles and Responsibilities:

* Assist in performing accurate project accounting and correct coding of contractor, project code, general ledger account, PPC amount
* Ensure that all payment certificate are approved in according to the DOA
* Ensure that any reduction in the guarantee is approved by the project team and it is in accordance with the payment certificate
* Assist in issuing cheques and transfer letters and ensure that the contractor bank account match with his contract, invoice or last instruction received from him.
* Coordinate with other departments and project head to determine the required accruals before the closing of the accounting period.
* Assist in preparation of reports on the status of contractors, reconciliation statement of account payable, suppliers statement / ledger and accruals accounts
* Assist in preparation of the cash flow for the projects
* Ensure that invoice for reimbursement project is properly supported before issue the claim invoice
* Provide the required assistant to the external auditors to perform their work
* Perform other activities as required from time to time

Reporting Lines:

* Report to: Manager - Project Accounting
* Report From: None

Requirements

* Bachelors degree in accounting

Capabilities / Skills:

Business capabilities:

* 5+ years of experience of financial accounting and management accounting experience
* Experience of accounting within real estate or related industry is preferred
* Experience in A/P
* Knowledge of and ability to apply international accounting standards and ERP systems
* Knowledge of and ability to adhere to internal controls

Interpersonal skills:

* Good analytical skills
* Vigilant and detail oriented
* Strong communication skills
* Strong time management capabilities

Key Performance Indicators:

* Financial impact of accounting related errors
* Timeliness and accuracy of A/P accounting

About the Company

The company has developed some of Abu Dhabi's most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and the remainder split between commercial and hospitality.

With a land bank of over 77 million square metres, 90 percent of which is in special investment zones, Aldar Properties is focused on serving the growing demand in the UAE for high-quality and professionally managed property.

Aldar Properties is a strong partner of the Abu Dhabi government, which is a major shareholder. The business is aligned with the Emirates Vision 2030 strategy of economic diversification and social infrastructure development.