Accountant Required in Dubai - Dubai

Accountant Required in Dubai

Role Purpose To manage subcontractor cost and payments Key Accountabilities
Receive payment certificates from all sites (Dubai & Abu Dhabi)

Check and enter payment certificates into Oracle system.

Enter debit notes in Oracle if any.

Monitor payments of subcontractors.

Maintain advance given/recovered, guarantees received, penalties, retentions and security cheques summary/ledgers in Excel format for records and action.

Monitor all banks' guarantees' expiry dates and follow up with banks for renewal.

Release bank guarantees and security cheques upon request of subcontractor.

Assist and update payment status and solve queries of subcontractors if any.

Maintain bank account details of subcontractors and assist IT team to update the same in Oracle.

Assist all senior managers in their various monthly provisions for subcontractor and internal cost reports.

Prepare assignment letters for subcontractors for bank use.
Qualifications, Experience, Knowledge & Skills
Bachelor Degree in Finance or other related field.

5+ years relevant work experience in accounting and/or corporate finance. Preference for those with experience in GCC contracting companies.

Should have the ability to operate individually and under supervision

Solid sense of confidentiality and discretion.

Outstanding interpersonal, written, and communication skills.

Flexibility in order to adapt to varying and changing demands.

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