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Financial Project Specialist

3 months ago

Dubai, Dubai, United Arab Emirates MDAR Food Company Full time

MDAR Food Company is looking for a motivated and proactive Financial Project Specialist to join our team. This role will be pivotal in managing project finances and ensuring the financial health of our initiatives. The responsibilities include:

  • Budget Oversight: Monitoring project budgets by identifying discrepancies in expected outcomes and implementing necessary adjustments.
  • Expense Management: Tracking project expenditures to manage various cost behaviors, including distinguishing between variable and fixed costs.
  • Revenue Alignment: Ensuring that revenue recognition aligns with accounting standards, facilitating detailed profitability analyses.
  • Regulatory Compliance: Upholding compliance with financial regulations and standards, which is essential for internal audit processes.
  • Decision Support: Providing insights that support informed decision-making to ensure project viability and successful future investments.
  • Additionally, the successful candidate will possess the following skill sets:
    • Project Accounting Development: Crafting project accounting plans, comparing actual expenses to the budget, and delivering financial insights.
    • Revenue Recognition: Recognizing revenue based on project milestones to ensure financials reflect project progress accurately.
    • Expense Approval: Authorizing expenses and maintaining financial records to guarantee data integrity and transparency, fostering reliable data and transparent client relationships.