ABOUT THE ROLE
El Banna Contracting is seeking an experienced General Accountant / Site Accountant to manage project accounting, monitor costs, review payment applications, and provide management with accurate financial reports.
KEY RESPONSIBILITIES
- Manage progress payment applications: prepare and analyse client applications, review subcontractor applications, and verify deductions, retentions, and bank guarantees.
- Identify and classify direct and indirect costs, including material costs, labour wages, site expenses, and administrative expenses.
- Handle tax-related matters in accordance with applicable local tax laws and regulations, and manage letters of guarantee and banking facilities.
- Maintain client and contractor accounts; monitor advance payments, project completion percentages, and collections against progress payment applications.
- Maintain supplier and inventory accounts, and match material invoices against purchase orders and warehouse goods receipt notes.
- Review engineers' cash advances, process wage payments for daily labour, and regularly reconcile and settle outstanding cash advances.
- Prepare periodic reports for management on each project's financial position.
QUALIFICATIONS & REQUIREMENTS
- Bachelor of Commerce and a minimum of 7 years of relevant experience.
- Knowledge of applicable local tax laws and regulations.
- Experience in progress payment applications, direct and indirect project costs, and client, contractor, supplier, and inventory accounting.
- Familiarity with letters of guarantee and banking facilities.
BENEFITS
Bonuses and incentives | Social insurance | Private medical insurance | Life insurance
