My Find a Job in Dubai 2024: Top Job Portals, Visa, Salary Guide & Application Tips

• Provide timely and accurate project financial information. 

• Provide detailed and probing projects financial analysis.

• Monthly financial reports (including project profit and loss, project balance sheet, project variance analysis, etc.). 

• Prepare project annual budget & quarterly forecasts in collaboration with project management team (site, overhead costs and capital expenditures, project capital assets employed).   

• Review the project forecast in detail to ensure having an accurate & reliable estimate to complete.

• Prepare profitability analysis and gross profit variation reports for all projects. 

• Ensure billings, are prepared on a timely basis and prompt collection of receivables.

• Report on the variation and status of accounts receivable and unbilled revenues and ensure proactive follow-ups.

• Analysis of Trial Balance.

• Liaise and coordinate with corporate treasury with respect to the issuance of bank guarantees/letters of credit & initiate request of cancellation of all bank guarantees that are no longer required.

• Liaise and coordinate with corporate treasury and corporate payables on the suppliers payments priority list.

• Prepare accurate & reliable monthly cash flow forecast in coordination with project management.

• Ensure monthly financial review of the project performance (regular review of billing, actual executed work, actual cost, cost to complete & overheads).

• Highlight problems and issues on projects to project management on a timely basis.

• Assist project directors and managers with the use/understanding of ERP and assist the project personnel in the use of a cost control and accumulation tools in compliance with the standards of SISCO Group.

• Verify and approve all cost effect transactions.

• Apply revenue recognition method that complies with IFRS.

• Identify potential risks in conjunction with project management team and ensure remediation plans are developed for deficiencies identified and ensure these plans are put into place.

• Prepare the reconciliation analysis for unbilled revenue on monthly basis.

• Ensure that financial controls are adequately implemented on all project sites.

source

Leave a Reply

Your email address will not be published. Required fields are marked *