Project Accountant

Qatar Project Management (QPM)

Qatar

Posted
Ref: KP594-866

Job description / Role

• Review contractor invoice submissions and ensure that:
• The invoice amount is calculated correctly in accordance with the contract.
• The required supporting information, documents and approvals are enclosed with the invoice.
• Update invoice/payment tracker and ensure accuracy and completeness of information in the tracker.
• Prepare payment certificates and other payment documents as per the client and Assets Affairs Payment Procedure and submit for approvals.
• Process contractor invoices in an efficient and timely manner to achieve the Finance Unit’s processing time target.
• Ensure assigned payment processing function is carried out in compliance with the client and Assets Affairs Payment Procedure.
• Effectively communicate (in writing and verbally) with Assets Affairs staff and other departments (e.g. EBD, Corporate Finance, etc.) within the client as required to get payments approved/processed and resolve issues related to payment processing.
• Effectively communicate (in writing and verbally) with contractors to inform contractors about the client / Assets Affairs payment processing requirements and procedure, and to resolve any issues related to contractor invoice submissions.
• Record resource and key activity costs based on the Assets Affairs costing model and guidelines.
• Assist with developing and implementing new initiatives to achieve the Finance Unit objectives
• Prepare Assets Affairs financial management procedures and guidelines
• Prepare daily revenue/cash collection email report to management
• Prepare cash receipt reconciliation between systems
• Prepare outstanding receivable ageing report to control the collection process
• Prepare revenue forecast and cash collection projection
• Prepare monthly cash collection actual vs. target YTD / full year analysis and present to stakeholders and management
• Prepare credit notes and send them with justification and supporting documents to management for approval
• Review billing information inputs to ensure accuracy
• Prepare bills as per the procedures and guidelines
• Prepare annual revenue and cash collection budget
• Provide information and recommendations to resolve collection disputes in collaboration with the relevant departments
• Assist with developing and implementing new initiatives to achieve the Finance Unit objectives
• Provide training for billing and collection platform users
• Prepare/maintain Assets Affairs financial management procedures and guidelines

Requirements

• Bachelor’s in Accounting, Finance, Commerce or Business Administration or in a relevant subject.
• Education qualification obtained from North America, West Europe, Australia
• Holder of current/valid Qatar Driving License
• Holder of Accounting certificate such as CIMA , CMA , CPA or CA

Experience:
• Minimum of 8 years’ work experience in a similar position
• Knowledge of Microsoft Office Packages and in particular Microsoft Excel 2010
• Ability to communicate verbally and in writing in English is essential
• Ability to communicate verbally and in writing in Arabic is preferred

About the Company

Qatar Project Management (QPM) is an independent subsidiary of Barwa Real Estate Development Company that provides expertise in Project Management, Design Management, Construction Management, and Contract Administration together with other associated Project Management functions. Established in 2008, QPM is centralized platform for provision of Project Management services to Barwa and Qatari Diar as well as local and international markets. QPM provides these services through an in-house team of highly-skilled, motivated, and qualified professionals supported by state-of-the-art information technology and highly-effective Project Management systems.

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Accountant salaries in Qatar

Average monthly compensation
QAR 5,500

Breakdown available for industries, cities and years of experience