Specialist - Project Accounting

About the Job
We are seeking an experienced Specialist - Project Accounting to manage and control all financial aspects of Presight’s projects, acting as a key business partner to the Project Managers. This role is integral to ensuring proper financial management, including forecasting, budgeting, and reporting, while implementing financial tools to track project progress.

Responsibilities

• Financial Management:

  • Oversee all financial aspects of assigned projects, ensuring proper tracking and reporting of costs.
  • Act as a business partner to the Project Manager, providing all necessary financial data and advice.
  • Ensure accurate forecasting, budgeting, and financial variance analysis.
  • Review cost estimates and provide reliable explanations of EAC (Estimate at Completion) and its variance.
  • Manage contingencies and provisions for contractual and financial risks.

• Project Control:

  • Analyze work in progress and review program expenditures, ensuring accuracy and authorization of expenses.
  • Optimize and monitor sales margins and project profitability.
  • Implement financial tools such as SAP by Design to monitor projects and provide necessary information for decision-making.
  • Maintain the project cost breakdown structure and ensure consolidation of financial data for global entities involved in the project.

• Cash and Invoicing:

  • Ensure timely invoicing and cash collection.
  • Manage project cash flow (Cash-in and Cash-out) and work to optimize the OCF (Operating Cash Flow) in collaboration with Operations.
  • Forecast cash flow and improve working capital requirements.

• Financial Reporting:

  • Manage project reporting, including budget forecasts, variance analysis, and financial performance metrics.
  • Provide stakeholders with financial information, including order intake, sales, cash-in, OCF, and variance analysis.
  • Support the regional finance team with budgetary control and consolidation of project figures.

• Project Closing and Compliance:

  • Ensure project closure in SAP by Design, providing all necessary financial data to stakeholders.
  • Support finance transformation initiatives, such as shared services and reporting simplifications.
  • Ensure compliance with internal financial controls, maintaining the highest standards of conduct.

Qualifications

• Master’s degree or Bachelor’s degree in Finance/Accounting.
• Minimum of 5 years of experience as a Project Financial Controller or Project Accountant in a similar sector (Telecom, Construction, for example).
• IFRS 15 and POCM (Percentage of Completion Method) experience.
• Strong knowledge of SAP by Design or other financial management tools.
• Proven ability to work in a fast-paced environment with rigorous attention to deadlines.
• Strong organizational skills, analytical abilities, and ability to work effectively with cross-functional teams.
• Fluent in English; Arabic and French language skills are a plus.
• Experience working with international teams and managing global project finances.

Skills and Attributes for Success

• Strong interpersonal, motivational, and influencing skills.
• Ability to synthesize complex data and present it clearly to leadership.
• A proactive and collaborative attitude, with the ability to work across different cultures and teams.
• Exhibit a high degree of integrity and professionalism.

What We Offer

• Culture: An open, diverse, and inclusive environment with a global vision that encourages personal growth and focuses on groundbreaking, industry-first innovations.
• Career: Outstanding learning, development, and growth opportunities via structured training programs and innovative, high-tech projects.
• Rewards: A competitive remuneration package with a host of perks, including healthcare, education support, leave benefits, and more.

Join Presight and be a vital part of shaping the future of AI-driven analytics by managing our financial operations with precision and excellence.