Senior Project Accountant HOMEWIDE LLC

Posted 5 min ago

Experience

5 - 7 Years

Monthly Salary

AED 12,000 - 14,000 ($3,241 - $3,781)

Job Location

Dubai - United Arab Emirates (UAE)

Education

Bachelor of Commerce(Commerce)

Nationality

Any Nationality

Gender

Any

Benefits

Annual Air Ticket, Annual Bonus, Medical Insurance, Paid Leaves, Life Insurance, Perks & Benefits As Per Labour Law

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Develop project budgets in collaboration with project managers and leadership.
  • Monitor project costs, commitments, and profitability on an ongoing basis.
  • Perform project cost forecasting, variance analysis, and risk assessment.
  • Set up and maintain project accounts in the accounting system.
  • Ensure correct revenue recognition based on project milestones, completion percentages, or contracts (IFRS 15 if applicable).
  • Prepare monthly and quarterly project financial reports for internal and external stakeholders.
  • Analyze project performance against budget, forecast, and prior periods.
  • Provide insights and recommendations to improve project financial outcomes.
  • Support project audits by providing necessary documentation and explanations.
  • Ensure projects comply with internal financial policies and external contractual requirements.
  • Maintain proper documentation for all project-related financial transactions.
  • Review and approve project-related invoices, purchase orders, and timesheets.
  • Develop and implement financial plans to achieve finance department objectives.
  • Monitor and report on team performance metrics, ensuring alignment with department and corporate goals.
  • Supervise and support team members, ensuring they have the resources and guidance needed to succeed.
  • Identify training needs and opportunities for professional development within the team.
  • Plan, schedule, coach, and manage staff to promote efficiency in completing their job responsibilities.
  • Liaise with the leadership team to improve financial processes.
  • Work closely with project managers, procurement, and operations teams to align financial data with project progress.
  • Assist in preparing project proposals and pricing strategies from a financial perspective.
  • Follow governance policies and procedures within their roles.
  • Collect and analyse data to prepare detailed reports on team performance and project status for senior management review.
  • Engage in training to improve management and technical skills, supporting team performance and MHAO’s objectives.
  • Coordinate change activities within teams, ensuring clear communication and seamless implementation.
  • Protect the organization’s value by keeping information confidential.
  • Perform any other tasks and duties assigned from time to time.

Desired Candidate Profile

  • Experience in project accounting standards and practices.
  • Proficiency with ERP systems and project accounting modules (SAP, Oracle, Microsoft Dynamics, etc.).
  • Certified Public Accountant (CPA) or Chartered Accountant (CA) or ACCA designation is preferred.
  • UAE experience is preferred.
  • Strong knowledge of project accounting standards and practices.

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Senior Accountant
  • Project Accounting
  • Budgeting
  • Cost Tracking
  • Revenue Recognition
  • Financial Reporting
  • Project Profitability
  • IFRS 15
  • Variance Analysis
  • Risk Assessment
  • ERP Systems
  • SAP
  • Oracle
  • Microsoft Dynamics
  • CA
  • ACCA
  • Project Accounting Lead

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HOMEWIDE LLC

Homewide is the trading arm of the Mohamed Hareb Al Otaiba Group (MHAO), dealing with the sales and service of market-leading household appliances. Homewide offers superior domestic appliances through a network of showrooms, key retailers, hypermarkets and souk dealers across the UAE. Established in 1970s, Homewide represents both our flagship retail store and trading arm at the Mohamed Hareb Al Otaiba Group. We are the sole distributors for global brands Bosch in the UAE. These brand partners have been with us for over four decades.

Read More

Faisal Zia - HR Business Partner

Dubai, United Arab Emirates (UAE)

https://www.homewideuae.com/en