We are seeking a detail-oriented and experienced Cost Accountant to join our construction team. The Cost Accountant will be responsible for analyzing, tracking, and reporting financial data related to construction projects, ensuring cost efficiency and budget adherence. This role requires strong analytical skills, knowledge of construction accounting principles, and the ability to collaborate with project managers and stakeholders to support project success.
Key Responsibilities:
- Prepare, monitor, and analyze project budgets, ensuring alignment with financial goals.
- Track and report costs related to labor, materials, equipment, and subcontractors.
- Perform cost variance analysis to identify discrepancies and recommend corrective actions.
- Maintain accurate records of project expenses, contracts, and change orders.
- Develop and maintain cost accounting systems, including job costing and forecasting.
- Collaborate with project managers to ensure accurate cost allocation and time financial reporting.
- Prepare financial reports, including cost-to-complete estimates and profit/loss statements.
- Ensure compliance with accounting standards, company policies, and relevant regulations.
- Assist in audits and provide documentation for internal and external reviews.
- Identify opportunities for cost savings and process improvements.
Qualification:
- Bachelor's degree in Accounting, Finance, or a related field.
- Experienced and Freshers can apply.
- Strong understanding of construction project accounting, including job costing and percentage-of-completion methods.
- Knowledge of construction specific financial processes is mandatory.
- Excellent analytical and problem-solving skills with attention to detail.
- Ability to work under tight deadlines and manage multiple projects simultaneously.
- Strong communication skills to collaborate with cross-functional teams.
Job Type: Full-time
Pay: AED3,000.00 - AED4,000.00 per month
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