Project Accountant

edari
Dubai, United Arab Emirates
Salary not specified
Posted
Full-time
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Job Description

We are looking to hire a Project Accountant - Accounts Payable who will be responsible for processing and managing all accounts payable activities, ensuring that bills and invoices are accurately recorded, approved, and paid in a timely manner. This role is with our client a large semi government organisation in Dubai. This position is a contract role with an initial duration of 6 months and is renewable (upon performance). The role sits within the Accounts Payable Department and reports directly to the Senior Manager. We are looking for a passionate Project Accountant who has prior working experience with in real estate sector and has expertise in managing Escrow Accounts. Key Responsibilities: - Manage project accounting activities, including Percentage of Completion (POC) accounting and Revenue Recognition (RR). - Enter and upload invoices into the system, Process 3-way P.O. matching invoices. - Accurately enter invoice details, payment terms, and other relevant information into the accounting system. - Experience in Escrow payments. - Prepare and process invoices according to their nature and payment terms. - Prepare and process electronic transfers and payments. - Reconcile accounts payable transactions. - Maintain positive relationships with vendors, respond to inquiries, and resolve discrepancies in a professional and timely manner. - Maintain organized and accurate accounts payable records, including electronic and paper files. - Assist with the month-end and year-end closing processes, including preparing accruals and reconciling accounts payable ledgers. - Generate accounts payable reports and assist in the preparation of financial statements for association management. - Ensure compliance with all federal and state regulations and association-specific financial policies and procedures. - Investigate and resolve any discrepancies or issues related to accounts payable. - Identify and recommend process improvements to increase efficiency and accuracy within the accounts payable function. Qualifications: - Bachelor’s degree in accounting, Finance - Experience in RERA and Escrow Accounts. - 3-5 years of experience in accounts payable - Proficiency with accounting software and Microsoft Office Suite, particularly Excel. - Strong attention to detail and accuracy. - Excellent organisational and time management skills. - Strong written and verbal communication skills. - Ability to work independently and as part of a team. Availability - Preference will be given to candidates available immediately. We will review your job application within 7 working days. Should your profile fit the requirements of the role a consultant from Edari will be in touch with you to get a deeper understanding of your profile, discuss the role in more detail, and potential next steps.

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About edari

Professional Services
United Arab Emirates
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