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General Accountant Job
Posted date [20-Sep-2017]  (ID: 10638)


Work closely with General Manager on all facets of project accounting and administration issues
‚† Responsible to the jobsite team and Project Managers to ensure that company policies and procedures are followed with respect to day-to-day accounting functions at the jobsite.
‚† Review contract obligations and vendor activities to ensure all contract and monthly invoices have been received and processed
‚† Coordinate with General Manager and supervisor of project accounting to set up new jobs, cost codes, contract, and subcontract accounting records. Assist in the preparation of initial project budgets and control accounts
‚† Assists General Manager with the preparation of the monthly payment request compliant with the applicable contract
‚† Evaluate and monitor subcontractor financial requirements related to the performance of their subcontract and monthly payment applications.
‚† Ensure the subcontractor is complying with terms and conditions of the contract (i.e. insurance, billing procedures, etc.)
‚† Evaluate and determine compliance with subcontract insurance and bond requirements.
‚† Perform various detailed month-end allocations for fringe benefits, shared costs and indirect cost allocations
‚† Review all month end reconciliations and journal entries prepared by the Project Accountant
‚† Prepare monthly reconciliations cost to billing analysis and follow-up and resolve reconciling items
‚† Provide General Manager with cost information and cost trends to prepare monthly cost-to-complete and profit forecasts.
‚† Evaluate the adequacy of cost forecasts and alert supervisor of project accounting if project management forecasts are incomplete, inadequate, or unreasonable.
‚† Maintain project contract. Enter owner and subcontractor‚s change orders in the system. Verify the relationship between the owner‚s change orders vs. Subcontractor‚s change orders
‚† Review monthly project cash flow, compiling support for owner funding
‚† Performs additional assignments/functions as assumed through personal initiative or direction form project manager or supervisor of project accounting

Hiring Specifications:

‚† Minimum BA in Accounting, with at least 5 to 7 years of progressively increasing work experience in the market construction management firm. Working knowledge of construction project accounting, building construction, and/or civil engineering and mechanical.
‚† Strong teamwork skills
‚† Ability to work with outside vendors and customers
‚† Above-average proficiency in the use of Microsoft Word, Excel and PowerPoint.
‚† Strong analytical, problem solving and organizational skills
‚† Excellent general administrative capabilities
‚† Strong communications skills (verbal & written)
‚† Ability to function effectively in a high-pressure, deadline-oriented work environment
‚† Experience using Peachtree and latest Account Software
‚† Ability to work collaboratively within teams ‚ can conceptualize and socialize ideas, make recommendations and facilitate team consensus to move forward in solving problems in a fast-paced environment.
‚† Proven experience with construction billing documents, accounts payable applications, funding requests, cash flow analysis and account reconciliation.
Post Details
Job Title General Accountant
Description Work closely with General Manager on all facets of project accounting and administration issues
‚† Responsible to the jobsite team and Project Managers to ensure that company policies and procedures are followed with respect to day-to-day accounting functions at the jobsite.
‚† Review contract obligations and vendor activities to ensure all contract and monthly invoices have been received and processed
‚† Coordinate with General Manager and supervisor of project accounting to set up new jobs, cost codes, contract, and subcontract accounting records. Assist in the preparation of initial project budgets and control accounts
‚† Assists General Manager with the preparation of the monthly payment request compliant with the applicable contract
‚† Evaluate and monitor subcontractor financial requirements related to the performance of their subcontract and monthly payment applications.
‚† Ensure the subcontractor is complying with terms and conditions of the contract (i.e. insurance, billing procedures, etc.)
‚† Evaluate and determine compliance with subcontract insurance and bond requirements.
‚† Perform various detailed month-end allocations for fringe benefits, shared costs and indirect cost allocations
‚† Review all month end reconciliations and journal entries prepared by the Project Accountant
‚† Prepare monthly reconciliations cost to billing analysis and follow-up and resolve reconciling items
‚† Provide General Manager with cost information and cost trends to prepare monthly cost-to-complete and profit forecasts.
‚† Evaluate the adequacy of cost forecasts and alert supervisor of project accounting if project management forecasts are incomplete, inadequate, or unreasonable.
‚† Maintain project contract. Enter owner and subcontractor‚s change orders in the system. Verify the relationship between the owner‚s change orders vs. Subcontractor‚s change orders
‚† Review monthly project cash flow, compiling support for owner funding
‚† Performs additional assignments/functions as assumed through personal initiative or direction form project manager or supervisor of project accounting

Hiring Specifications:

‚† Minimum BA in Accounting, with at least 5 to 7 years of progressively increasing work experience in the market construction management firm. Working knowledge of construction project accounting, building construction, and/or civil engineering and mechanical.
‚† Strong teamwork skills
‚† Ability to work with outside vendors and customers
‚† Above-average proficiency in the use of Microsoft Word, Excel and PowerPoint.
‚† Strong analytical, problem solving and organizational skills
‚† Excellent general administrative capabilities
‚† Strong communications skills (verbal & written)
‚† Ability to function effectively in a high-pressure, deadline-oriented work environment
‚† Experience using Peachtree and latest Account Software
‚† Ability to work collaboratively within teams ‚ can conceptualize and socialize ideas, make recommendations and facilitate team consensus to move forward in solving problems in a fast-paced environment.
‚† Proven experience with construction billing documents, accounts payable applications, funding requests, cash flow analysis and account reconciliation.
Number of Vacancies 1
Location Job Location -> UAE Abdu Dhabi
    
Desired Candidate's Profile
Nationality
Candidate Current Location
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Construction
Job Function Job Functions -> Accounting-Finance
Employers Details
Company Al Reem International Construction
Email arintconstruction(at)gmail.com


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