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Specialist Project Accounting Job Vacancy in UAE Dubai

Posted date [2024-11-07]   (ID: 32499)
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Gulf and UAE company jobs
A unique technology group with a very human purpose, on a journey, to invent visionary artificial intelligence for a better everyday.

About Presight

Presight is an ADX-listed public company based in Abu Dhabi, powered by Artificial Intelligence (AI), and is the region\'s leading omni-analytics company. We combine big data analytics and AI expertise to serve every sector, of every scale, creating business and societal impact. Our mission is to leverage data-driven insights to shape policies and foster safer, healthier, and more sustainable communities.

The Opportunity

We are seeking an experienced Specialist - Project Accounting to manage and control all financial aspects of Presight’s projects, acting as a key business partner to the Project Managers. This role is integral to ensuring proper financial management, including forecasting, budgeting, and reporting, while implementing financial tools to track project progress.


Responsibilities

Financial Management:

Oversee all financial aspects of assigned projects, ensuring proper tracking and reporting of costs.
Act as a business partner to the Project Manager, providing all necessary financial data and advice.
Ensure accurate forecasting, budgeting, and financial variance analysis.
Review cost estimates and provide reliable explanations of EAC (Estimate at Completion) and its variance.
Manage contingencies and provisions for contractual and financial risks.
Project Control:

Analyze work in progress and review program expenditures, ensuring accuracy and authorization of expenses.
Optimize and monitor sales margins and project profitability.
Implement financial tools such as SAP by Design to monitor projects and provide necessary information for decision-making.
Maintain the project cost breakdown structure and ensure consolidation of financial data for global entities involved in the project.


Cash and Invoicing:

Ensure timely invoicing and cash collection.
Manage project cash flow (Cash-in and Cash-out) and work to optimize the OCF (Operating Cash Flow) in collaboration with Operations.
Forecast cash flow and improve working capital requirements.
Financial Reporting:

Manage project reporting, including budget forecasts, variance analysis, and financial performance metrics.
Provide stakeholders with financial information, including order intake, sales, cash-in, OCF, and variance analysis.
Support the regional finance team with budgetary control and consolidation of project figures.
Project Closing and Compliance:

Ensure project closure in SAP by Design, providing all necessary financial data to stakeholders.
Support finance transformation initiatives, such as shared services and reporting simplifications.
Ensure compliance with internal financial controls, maintaining the highest standards of conduct.
Job Title Specialist Project Accounting
Job Description About Presight

Presight is an ADX-listed public company based in Abu Dhabi, powered by Artificial Intelligence (AI), and is the region\'s leading omni-analytics company. We combine big data analytics and AI expertise to serve every sector, of every scale, creating business and societal impact. Our mission is to leverage data-driven insights to shape policies and foster safer, healthier, and more sustainable communities.

The Opportunity

We are seeking an experienced Specialist - Project Accounting to manage and control all financial aspects of Presight’s projects, acting as a key business partner to the Project Managers. This role is integral to ensuring proper financial management, including forecasting, budgeting, and reporting, while implementing financial tools to track project progress.


Responsibilities

Financial Management:

Oversee all financial aspects of assigned projects, ensuring proper tracking and reporting of costs.
Act as a business partner to the Project Manager, providing all necessary financial data and advice.
Ensure accurate forecasting, budgeting, and financial variance analysis.
Review cost estimates and provide reliable explanations of EAC (Estimate at Completion) and its variance.
Manage contingencies and provisions for contractual and financial risks.
Project Control:

Analyze work in progress and review program expenditures, ensuring accuracy and authorization of expenses.
Optimize and monitor sales margins and project profitability.
Implement financial tools such as SAP by Design to monitor projects and provide necessary information for decision-making.
Maintain the project cost breakdown structure and ensure consolidation of financial data for global entities involved in the project.


Cash and Invoicing:

Ensure timely invoicing and cash collection.
Manage project cash flow (Cash-in and Cash-out) and work to optimize the OCF (Operating Cash Flow) in collaboration with Operations.
Forecast cash flow and improve working capital requirements.
Financial Reporting:

Manage project reporting, including budget forecasts, variance analysis, and financial performance metrics.
Provide stakeholders with financial information, including order intake, sales, cash-in, OCF, and variance analysis.
Support the regional finance team with budgetary control and consolidation of project figures.
Project Closing and Compliance:

Ensure project closure in SAP by Design, providing all necessary financial data to stakeholders.
Support finance transformation initiatives, such as shared services and reporting simplifications.
Ensure compliance with internal financial controls, maintaining the highest standards of conduct.
Post Details
Job Start Date
Salary from 0.00
Salary to 0.00
Number of Vacancies 1
Location Job Location -> UAE Dubai
Location City Dubai
    
Desired Candidate's Profile
Gender No Preference
Nationality
Candidate Current Location
Work Experience 1-2 Years
Candidate Profile Description
Job Classification
Job Type Job Type -> Full-time
Industry Type Job Industry -> Accounting
Job Function Job Functions -> Account Management-Commissioned
Employers Details
Company G42
Contact Person
Designation
Telephone +918884903388
Email contact(at)g42.ai
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