Senior Projects Accountant.
ELSEWEDY ELECTRIC New Cairo
Job Title: Senior Projects Accountant.
Sector/Business Line: Elsewedy Electric Infrastructure.
Scope: Construction / Civil / EPC.
Department: Financial Dept.
Job Location: Plot No. 47, North 90th St., 1st District, 5th Settlement, New Cairo.
Accountabilities:
Monitoring the progress of projects, investigating variances, approving expenses, and ensuring that project billings are issued to customers and payments collected.
Reviewed/Verify billing for WIP and payments to subcontractors.
Assist with preparing financial information for annual audit, WIP.
Producing project forecasts, and developing project financial reports.
Performing impact analysis, and assisting in risk management planning.
Establish financial governance for a project, improve financial tools, test data, and prepare a business case analysis for senior management.
Participate in project meetings, assist in internal audits, and ensure operations adhere to corporate financial legislations.
Responsible for providing the project team with quality financial information, monthly reviews of financial deliverables, and thorough project risk/opportunity analysis.
Partner with Operations Staff and project teams to align needs through expert financial analysis.
Follow-up with customers on past due balances and resolve client invoice inquires.
Set up with the cooperation of the operation team new projects and project budgets and validate the accuracy of project information.
Work with Project Managers to update estimate to complete figures quarterly and calculate the percentage of completion for active projects.
Perform monthly accruals and reconciliations.
Calculate revenue according to EAS revenue recognition standards.
Maintenance, and oversight of all customer project accounting records. Close communication with Project Managers to track project status.
Reporting Line: Accounting Manager - Projects.
Job Requirements:
Education Background:
Bachelor's Degree in Accounting or related field (CMA preferred).
Gender
Male or Female.
Skills:
Experience with customer invoicing and client interaction.
Experience with project accounting.
Knowledge of accounting software systems.
Proficient in Microsoft Excel and an understanding of data manipulation (i.e., lookup formulas).
Commitment to detailed financial accounting and reporting.
Ability to communicate clearly in both written and verbal correspondence.
High level of internal customer service.
Experience:
A minimum of 5 years of progressively responsible accounting related experience.
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