Accountant Executive

Accountant Executive

22 Oct
|
Blooming Stars contracting
|
International City

22 Oct

Blooming Stars contracting

International City

Projects Accounting
- Structure set up in Talley System as needed, create accurate project wise cost report on time
- Monitor all cost movement, develop a model for measuring costs related to management decisions
- Review Contracts during the draft stage with Projects Dept. to understand the general scope of execution.
- Invoice billing and payment follow up.
- Liaising with Project engineers on all aspects of Contracts accounting, reconciliation, follow ups.
- Project cost tracking reports for accuracy and alignment; make corrections and updates as directed and prepare final project cost tracking reports upon job completion.
- Summarize project status; preparing balance sheet, profit and loss statement, and other reports






- Supplier payables verification, negotiating for payments arrangement

Cashflow:

- PDC cheque monitor and daily payment alert
- Prepare and maintain cash flow analyses as needed and analyze monthly financial statements (balance sheet, income statement, and statement of cash flows)
- Verify the supplier balances and endorse payment request
- Maintain records for account receivables, deposits, prepaid/accrued expenses,
- Negotiation with all business partners to disperse out cash flow to meet working capital requirements.
- Involvement in purchase and supplier analysis to get better credit terms and minimize payouts

General Accounting
- Fully responsible for VAT accounting and up to finalization, Produce error-free accounting reports
- Customer credit monitor, aging report, SOA updates on time, payment follow up to collection.






- Maintain the general ledger and all related accounts with proper documentation and records of all company transactions and prepare collection and billing reports
- Administer the preparation of interim, year-end and comparative financial reports and provide analyses of current results to prior periods and/or budgets.
- Supervise and manage inventory control process coordinating physical inventory as guided.
- Develop and document business processes & accounting policies to maintain and strengthen internal controls

WPS Payroll
- Verify and approve monthly payroll and make the necessary salary deposits/ transfer.
- Responsible for processing of monthly payroll and employee expense reimbursements
- Extracting attendance summaries for Ops/labors/projects on a case-to-case basis to base calculations.

**Qualifications**:

- Should be Bachelor's degree in Accounts






- Experienced with accounting for complex business entities especially a parent organization with multiple subsidiaries
- Must have experience with construction cost accounting processes and professional in Talley software
- Thorough knowledge of standard costing and associated rates with the ability to develop and maintain the cost accounting system with verifiable and accurate reporting
- Minimum 3 years experience preferably in the Construction sector specialized in Cost Accounting and MIS/Financial Reporting.
- Bachelor’s degree in Finance or Accounting from an accredited university with a major in the field of Cost Accounting.







**Salary**: AED3,000.00 - AED4,500.00 per month

**Experience**:

- UAE Accounting: 2 years (required)

Expected Start Date: 20/09/2021

▶️ Accountant Executive
🖊️ Blooming Stars contracting
📍 International City

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