Sr. Specialist Accountant - Cost Accounting, Abu Dhabi, UAE

This job is OPEN to APPLY for ALL Nationalities, unless otherwise specified.


Job Summary:

To work on costing, budgeting, forecasting and monthly closing areas of Al Tariq.

Performs financial functions related to the accuracy, recording, analysis and presentation of Al Tariq's financial operations.

 

Key Accountabilities:

 

Project costing – Full understanding of the different specific projects that the company is undertaking. Understand the contract 100% and be able to explain the financial result for each project. Prepare on time monthly financial statements for each project and clearly explain the results for the month, year to date and project to date. Business partner of the different Project Managers responsible for the projects.
Prepare the Estimated at Completion cost calculation (EAC) for each project.
Product costing – prepare and validate product costing for all products included into each project
Full knowledge of the manufacturing accounting system. This is a key responsibility to understand the performance in the floor and evaluate the monthly financial results expected
Coordinate and prepare the annual budget and forecast process for the company
Prepare monthly management reports for senior management including monthly BOR
Upload monthly management report on timely basis to Hyperian and EDGE portal
Create new asset in SAP and check the same from approved Capex budget
During monthly closing process, ensure proper classification of expense with respect of proper cost center, transferred expenses which related to WIP specific to projects, transferred general expenses to WIP general, calculation of finished goods based on EAC and calculation of cost variance based on real WIP available on production floor compared with GL.
Prepare cash flow forecasting to monitor inflows and outflows
Prepare letter of credit / letter of guarantee and coordinate with banks and other department in company
Variance analysis between budget vs actual cost.
Provide assistance and co-ordination to auditor with respect to interim and full year audit.
Provide assistance to other team members in achieving their day to day task (if require)
To work and promote team work to ensure timely achievement of objectives and KPI not only finance department but only organization as whole
Costing, budgeting and forecasting
Help in monthly closing to ensure timely availability of monthly MIS
Prepare monthly and ad hoc report for senior management.
 

Experience & Education Qualifications:

Bachelor’s degree in finance or accounting
Professional qualifications: CMA/CIMA or its equivalent qualifications
Minimum 10 years of experience in costing and budgeting in manufacturing industry
Experience in costing and budgeting in manufacturing industry



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Make Sure Your CV is ATS-friendly.

https://careers.edgegroup.ae/job/Abu-Dhabi-Sr_-Specialist-Accountant-Cost-Accounting/733011022/?utm_source=LINKEDIN&utm_medium=referrer


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