Job Description

Job Title Accountant

Description

We are hiring an energetic Business Analyst to join our awesome team at in United Arab Emirates.
Growing your career as a Full Time Business Analyst is a great opportunity to develop competitive skills.
If you are strong in creativity, teamwork and have the right initiative for the job, then apply for the position of Business Analyst at today!



UAE National | Business Analyst | AFET | UAE

Overview of the role

This function will support in establishing budget, budget controls and analysis as well as supporting the project costing function throughout the entire project life for Facilities Management department.

ESSENTIAL FUNCTIONS:

Business analysis

• In close cooperation with Commercial Manager and FM this function will establish Project budgeting and analyze monthly project profitability and cash flow
• Support Business decision process by providing sound Business Case Analysis and prepare analytical reports in support of Projects Performance Management
• Monthly project reviews addressing projects profitability and cash flow compared to Budget as well as any deviation that might impact project profitability and viability.
• Provide guidance to improve project's cash flow focusing on activities impacting Working Capital Management and WIP accounts in view of improving Free Cash Flow (FCF)
• Liaison with the external auditors and internal audit teams in implementing audit Recommendations.
• Provide support for preparing Business Plan & Variance Analysis and Risk and Opportunities
• Monitor Billing cycle to reduce WIP
• Maintain historical cost trend for estimations and tenders

OPERATIONAL ENVIRONMENT :

• This function is directly linked to the project profitability of AFE&T.
• AFE&T's activity spans over UAE, Qatar and KSA with expansion plans over most of the GCC Region.
• This function is exposed to highly sensitive and confidential information.

What you will do

Support & Assist Finance Management in

• Budgeting Exercise.
• Forecasting/Strategic Planning.
• Project Accounting, Monthly Book Closure.
• Other Business presentations to management etc.
• Intercompany dealing of Accounts receivable & Accounts payable.
• Track on Accounts Receivable.

Support & Assist Operations Heads and Project Managers

• Project costing.
• Project profitability and performance measures.
• Support in identifying productivity improvement opportunities.
• Timely reviewing variances and Project P&L implications.
• Support in claim management.

Key Process Improvements & changes in SAP in coordination with EIT

• Budgetary control - PS Module.
• Manpower Productivity/Tracking etc.
• SOP-Cost to Complete (CTC) /Man hours / Revenue control process etc.

Project Cost & Project Revenue controls

• Review of detailed Project Costs, revision of estimates, propose changes and improvements.
• Assist in Monthly revenue recognition and ensure all revenue controls in place to avoid any revenue leakage -workings on IFRS/loss making contracts etc.
• Project Cash Flow forecasts an actuals.

Skills

Benefits of working as a Business Analyst in United Arab Emirates:
? Learning opportunities
? Opportunities to grow
? Competitive salary

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