Accounting Manager

1. Financial Management & Reporting

• Prepare and maintain financial records for multiple construction projects.
• Generate periodic financial reports (balance sheet, cash flow).
• Monitor project cash flows and ensure timely invoicing and collections.
• Prepare monthly project cost reports and variance analyses.

2- Project Accounting

• Set up and monitor budgets for each project in coordination with project managers.
• Track costs against budgets and flag any overruns or variances.
• Monitor expenses related to labor, materials, equipment, subcontractors, etc.
• Handle cost allocations and job costing using construction accounting software.

3- Compliance & Audit

• Ensure compliance with tax regulations, VAT laws, and labor laws.
• Coordinate internal and external audits; respond to audit queries.
• Maintain proper documentation for all financial transactions and contracts.
• Manage reporting and filing requirements (Share).

4- Accounts Payable & Receivable

• Supervise processing of vendor invoices, subcontractor payments, and retention releases.
• Follow up on overdue payments.
• Verify work completion before releasing payments to vendors/subcontractors.
• Follow up bank statements and supplier accounts on a regular basis.

5. Budgeting & Forecasting

• Assist management in preparing annual budgets and financial forecasts.
• Monitor expenditures and support cost control initiatives.
• Conduct financial feasibility analysis for new projects or tenders.

6. Leadership & Team Management

• Lead and train the accounting team to ensure high standards and accuracy.
• Delegate tasks efficiently and ensure timely completion of financial activities.
• Develop and implement financial policies and internal controls.

7. Coordination & Communication

• Collaborate with procurement, project, and HR departments to ensure financial accuracy.
• Act as a financial advisor to project managers and senior management.
• Support tendering and bidding processes by providing necessary financial data.