Senior Project Accountant

JASARA PMC

Riyadh, Saudi Arabia

Ref: PP000-36724

Job description / Role

Job Type
Full Time
Job Location
Riyadh, Saudi Arabia
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Audit & Accountancy

Description

JASARA PMC is on the lookout for a senior project accountant to join our team and support the financial management of key infrastructure projects. This role is essential for ensuring that we meet our financial targets while maintaining compliance with regulations and industry standards. As a senior project accountant, you will leverage your extensive accounting experience to oversee the financial aspects of complex projects and work closely with project managers to drive accountability and transparency in financial reporting.

Responsibilities

  • Manage and oversee all accounting functions for multiple projects, including budgeting, forecasting, and financial reporting.
  • Prepare and review project financial statements, analyzing variances and providing insights to project teams.
  • Ensure timely and accurate recording of all financial transactions and compliance with internal policies and external regulations.
  • Monitor project costs against the budget and advise on cost control measures.
  • Assist in the preparation of annual audits and coordinate with external auditors.
  • Provide mentorship and guidance to junior accounting staff and foster a collaborative team environment.
  • Continuously improve processes related to project accounting and reporting to enhance efficiency and effectiveness.
  • Oversee the financial management of multiple projects from start to finish.
  • Prepare accurate and timely financial reports such as margin analysis and profit and loss statements for the projects.
  • Prepare and review client billing, interim payment applications (IPAs), and collection follow-ups.
  • Review expenses on the projects.
  • Assist with the month-end close process.
  • Review subcontracts and other project-specific contracts.
  • Conduct monthly project financial status review meetings.
  • Analyze cost and revenue variances.

Requirements

  • Bachelor's degree in accounting, finance, or a related field.
  • Five or more years of professional accounting experience.
  • Experience working as a lead or senior project accountant on time and materials (T&M) and service contracts.
  • Knowledge of project costing, revenue recognition, and accrual-based accounting.
  • Strong communication skills and experience with ERP systems.

Benefits

  • Competitive salary and benefits package.
  • Opportunity to work in a dynamic and growing organization.
  • Be part of a collaborative and supportive team.
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Senior Accountant salaries in Riyadh

Average monthly compensation
SAR 8,000

Breakdown available for industries and years of experience