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Senior Accountant

NMDC Energy · Abu Dhabi Emirate, United Arab Emirates

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About the role:Administer periodic closing process, generate actual costs reports and verify account reconciliationAnalyse material variances against the budget lines and communicate them to relevant stakeholdersPrepare financial analyses and report of the projectLiaise with project controls team for timely upload of budget and including revisions in the systemMaintain database of project related costs and provide estimating data for pricing of tendersMonitor bank transactions, bank position statements & foreign currency fluctuationsFollow-up the collection of Accounts Receivables and escalate overdue amount to relevant partiesHelp auditors during the auditing processEstablish & maintain contacts with banks, clients and suppliersPrepare and review cash flow data in consultation with project controls forecastsMonitor record of procured bank guarantees in relation to client progress payments and stage of project completionFurther discuss the course of action required in consultation with team leaderPerform other tasks as may be instructed from time to timeCompliance in accordance with HSE StandardsFixed AssetsOversee and review the FAR to ensure completeness and accuracyLead monthly closing activities related to fixed assetsPerform detailed variance analysis and reporting on asset utilization, depreciation, and impairmentsDevelop and maintain fixed asset accounting policies and proceduresCoordinate asset verification and audit with internal and external stakeholdersMentor and support junior team members in asset-related processesCollaborate with IT, procurement, and operations for system enhancements and asset lifecycle trackingQualifications:Bachelor’s degree in finance, Accountancy, Accounting or equivalentExperience:Minimum 08 years' experience in Accounting & Finance in related industries