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الوصف الوظيفي
Description
Job Summary:
The Senior Accountant - Payable is responsible for managing the accounts payable function with a focus on construction project-related payments, subcontractor billing, materials procurement, and compliance with contract terms. This role ensures timely and accurate processing of all vendor and subcontractor payments in alignment with project schedules and company policies. The ideal candidate will have strong construction industry experience and an in-depth understanding of job costing and project accounting.
Key Responsibilities:
- Oversee the full accounts payable cycle, including receipt, verification, and processing of vendor invoices, subcontractor certificates, and materials purchases.
- Review and match invoices with purchase orders, delivery notes, and subcontractor agreements to ensure compliance with contract terms (2-way and 3-way matching).
- Monitor and process subcontractor payment applications, retention, and advance recoveries in coordination with the project and contracts teams.
- Ensure payments are made in accordance with contract terms, milestones, and project cash flows.
- Reconcile vendor and subcontractor statements, resolve discrepancies, and maintain strong professional relationships.
- Prepare weekly/monthly accounts payable aging reports and support cash flow forecasting related to project outflows.
- Assist with month-end and year-end closing activities, including accruals for materials received and services rendered.
- Ensure compliance with relevant tax regulations (e.g., VAT, WHT) and construction contract terms (FIDIC, progress billing, etc.).
- Support internal and external audit processes, ensuring accurate documentation and transparency.
- Recommend and implement process improvements to streamline payables and enhance accuracy.
Qualifications
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field. CPA/CMA certification is a plus.
- From 5 to 7 years of experience in accounts payable, with at least 2 years in the construction or contracting industry.
- Solid understanding of construction project accounting, job costing, and contract administration.
- Strong MS Excel skills and attention to detail.
- Excellent organizational and communication skills.
- Ability to work under pressure and meet tight deadlines in a dynamic, project-based environment.
Preferred Skills:
- Knowledge of local construction laws, contract payment terms, and subcontractor management practices.
- Familiarity with retention management, variation orders, and advance/retention recovery mechanisms.
- Experience working in multi-project or multi-site construction environments.
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