Project Accounting Specialist, Construction Accounting

2 weeks ago

Karachi, Sindh, Pakistan ibex. Pakistan Full time $104,000 - $130,878 per year

Ibex, for one of it's global client, is hiring for
Project Accounting Specialist
, Construction Accounting. This role will give you the opportunity to enhance your skill set by incorporating high level of technological skills in an entirely paperless environment and be given the opportunity to find new or more creative and resourceful ways to accomplish the department's objectives. As a Project accounting specialist, you will partner with the construction accounting team and construction management personnel to ensure the financial success of projects around the globe, apply principles of accounting to record and analyze financial information and prepare financial reports, and contribute to the ongoing evolution of a global organization.

Project Accounting and Controls responsibilities:

The Project accounting specialist will be reporting into one of the Manager within the Construction Accounting team and will be responsible for:

  • Establish and manage Project Cost Tracker (PCTs) through Yardi Job Cost implementation date;
  • Collaborate with local finance teams to reconcile PCTs to general ledger for all portfolios on a regular basis (monthly, at minimum);
  • Chair monthly project cost review meetings with project stakeholders, including preparation of consolidated cost summaries and analyses;
  • Managing of invoice processing and ensure timely payment of suppliers;
  • Collaborate with a variety of stakeholders to ensure timely payment distribution to suppliers while ensuring internal control requirements are satisfied;
  • Provide compliance guidance (SOX, company policy and etc.) to stakeholders to ensure the integrity of project controls and global standards;
  • Assist in the preparation of project funding reports, including monthly cashflow forecasts and loan draw submissions; and support with month end tasks such as, month-end reconciliation, journal processing and accrual calculation.

Assist the Director of Construction Accounting with the system Configuration/Integration and process optimization for emerging markets. This will involve the following:

  • Support on Yardi Job Cost subledger configuration to achieve required standard construction accounting objectives and requirements to satisfy broader accounting, finance and tax objectives; and
  • Lead the day-to-day efforts of preparing portfolio integration into Yardi Job Cost subledger from PCTs.

Skills Required:

  • Knowledge of general accounting principles. Ability to analyze and interpret accounting data and perform quantitative analyses.
  • Experience in processing adjusting journal entries, processing reclassification journals, preparing account reconciliations, and any other related tasks.
  • Intermediate to advanced Microsoft Excel skills.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with strong organizational and problem-solving abilities.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Yardi or construction cost accounting experience is beneficial but not required.

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