Project Accountant
Alan Dick Middle East
Total years of experience :23 years, 9 Months
•Design, develop and implement proper controls and workflow for day-to-day accounting tasks.
•Ensure all Projects related transactions are captured and recorded in a timely and accurate manner.
•Ensure management directives, policies and established procedures are followed in respect of all transactions having a financial impact on the business.
•Timely preparation of monthly accounts and schedules, year-end finalization and coordinating and supervising statutory audit.
•Analysis and Comparison of the Actual Achievements of Revenue and COS with Budget.
•Maintaining constant communication with Project team on daily basis about WIP movement and invoicing status.
•Scrutinizing monthly project closure reports and preparation of project summary report, accrued Income report, age analysis of accrued Income.
•Monthly revaluation of inter company balances.
•Reconciliation and confirmation of inter company balances.
•Review of Debtors Aging and follow up of payments on daily basis.
•Arranging bank guarantees for new projects (advance guarantee, performance bond, retention bond etc.
•Make sure insurance requirements of the projects (CAR, WC etc.)
•Managing Bank credit facilities (Over Draft, Trust Receipts, Bank Guarantee).
•Preparing Bank reconciliation statement.
•Liaison with banks
•Payment Preparation for suppliers.
•Supplier Accounts reconciliation.
•Analyzing Fund positions and preparing supplier payment plan.
•Preparation of cash flow.
•LC documentation
•Preparation of statement of accounts.
•Preparation of books of accounts.
•Customization of accounting package.
•Format ad hoc reports
•Preparation of MIS reports.
•Import export documentation.
•Maintaining Payables.
•Reconciliation of Debtors and Creditors Accounts.
•Reconciliation of Bank statement.
•Reconciliation of Inventories.
•Verifying sales analysis report.
•Liaison with Auditors.
•Preparation of statements of accounts.
•Preparation of books of accounts.
•Preparation of MIS reports.
•Reconciliation of bank statements.
•Maintaining Payables.
•Preparation of depreciation statement.
•Payroll preparation.
•As in charge of debt collection.
•Petty cash handling.
Preparing trial balances site wise
Entering site transactions in accounting software
Managing supplier’s retention balances
Preparing bank reconciliation statement for all sites.