Accepting Applications
Full-time
On-site
LinkedIn
Posted 3 weeks, 5 days ago
14 views
0 applications
Job Description
Role Purpose
To manage subcontractor cost and payments
Key Accountabilities
- Receive payment certificates from all sites (Dubai \& Abu Dhabi)
- Check and enter payment certificates into Oracle system.
- Enter debit notes in Oracle if any.
- Monitor payments of subcontractors.
- Maintain advance given/recovered, guarantees received, penalties, retentions and security cheques summary/ledgers in Excel format for records and action.
- Monitor all banks' guarantees' expiry dates and follow up with banks for renewal.
- Release bank guarantees and security cheques upon request of subcontractor.
- Assist and update payment status and solve queries of subcontractors if any.
- Maintain bank account details of subcontractors and assist IT team to update the same in Oracle.
- Assist all senior managers in their various monthly provisions for subcontractor and internal cost reports.
- Prepare assignment letters for subcontractors for bank use.
Qualifications, Experience, Knowledge \& Skills
- Bachelor Degree in Finance or other related field.
- 5+ years relevant work experience in accounting and/or corporate finance. Preference for those with experience in GCC contracting companies.
- Should have the ability to operate individually and under supervision
- Solid sense of confidentiality and discretion.
- Outstanding interpersonal, written, and communication skills.
- Flexibility in order to adapt to varying and changing demands.