| Job Location | Khobar, Saudi Arabia |
| Education | Bachelor's degree / higher diploma |
| Salary | Not Mentioned |
| Industry | Oil & Gas |
| Functional Area | Not Mentioned |
?Provide timely and accurate project financial information. ?Provide detailed and probing projects financial analysis.?Monthly financial reports (including project profit and loss, project balance sheet, project variance analysis, etc.). ?Prepare project annual budget & quarterly forecasts in collaboration with project management team (site, overhead costs and capital expenditures, project capital assets employed). ?Review the project forecast in detail to ensure having an accurate & reliable estimate to complete.?Prepare profitability analysis and gross profit variation reports for all projects. ?Ensure billings, are prepared on a timely basis and prompt collection of receivables.?Report on the variation and status of accounts receivable and unbilled revenues and ensure proactive follow-ups.?Analysis of Trial Balance.?Liaise and coordinate with corporate treasury with respect to the issuance of bank guarantees/letters of credit & initiate request of cancellation of all bank guarantees that are no longer required.?Liaise and coordinate with corporate treasury and corporate payables on the suppliers payments priority list.?Prepare accurate & reliable monthly cash flow forecast in coordination with project management.?Ensure monthly financial review of the project performance (regular review of billing, actual executed work, actual cost, cost to complete & overheads).?Highlight problems and issues on projects to project management on a timely basis.?Assist project directors and managers with the use/understanding of ERP and assist the project personnel in the use of a cost control and accumulation tools in compliance with the standards of SISCO Group.?Verify and approve all cost effect transactions.?Apply revenue recognition method that complies with IFRS.?Identify potential risks in conjunction with project management team and ensure remediation plans are developed for deficiencies identified and ensure these plans are put into place.?Prepare the reconciliation analysis for unbilled revenue on monthly basis.?Ensure that financial controls are adequately implemented on all project sites.
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