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Job Description
- Review and verify subcontractor and supplier invoices against contracts, approved interim certificates Extracts.
- Record project-related expenses and ensure proper allocation to cost centers and project codes.
- Monitor the contract terms Related to payments, retentions, advances, and deductions.
- Ensure timely processing of Payments I accordance with Contractual deadlines.
- Reconcile vendor and Subcontractor balances and follow up on discrepancies or outstanding items.
- Coordinate with the project management and procurement teams to ensure approvals and completion certificates are in place before payments.
- Assist in the preparation of project cash flow related to payables.
- Handle accounts payable accruals for monthly and year-end closing
- Ensure proper withholding tax, retention, and other deductions are applied according to regulations and contracts.
- Maintain accurate and up-to-date vendor and subtractors records.
Job Requirements
- Bachelor’s degree in accounting finance, or a related field.
- Minimum 4-6 years of experience in accounting payable, preferable in contracting or Construction Company.
- Solid knowledge contraction accounting practices, especially in dealing interim payments and project costing.
- Familiarity with ERP system used in contraction (e.g.., SAP, Oracle, Build smart, etc.)
- Strong Excel skills and attention to detail.
- Good knowledge of tax and regulatory requirements related to contractor payments.
- Excellent communication and coordination skills.