Project Accountant - Oracle Project Accounting Specialist

Project Accountant

Company Description

Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group’s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis’ long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

Job Description

Oracle Project Accounting Management

• Administer and maintain Oracle Project Accounting modules (Project Costing, Billing, and PPM).
• Ensure accurate setup of projects, budgets, and expenditure types.
• Monitor and manage project financials, including cost allocation, revenue recognition, and billing.
• Perform monthly and year-end reconciliations between projects and General Ledger.
• Troubleshoot discrepancies and resolve complex accounting issues within Oracle systems.

Financial Control & Compliance

• Develop and enforce accounting policies and procedures for project financial management.
• Ensure compliance with internal controls, corporate policies, and regulatory requirements.
• Maintain documentation for audit readiness and support internal/external audits.

Reporting & Analysis

• Generate and analyse project financial reports using ERP reports
• Provide insights on project profitability, cost variances, and budget adherence.
• Collaborate with project managers to forecast costs and manage financial risks.

Process Improvement

• Identify gaps in current processes and implement improvements for efficiency.
• Lead testing and implementation and impacting Project Accounting and PPM modules.

Stakeholder Collaboration

• Work closely with Finance, HR, Payroll, and Project Management teams for labour costing and resource allocation.
• Provide training and guidance to users on Oracle Project Accounting functionalities.

Qualifications

• Master degree in finance, Accounting, or related field.
• Professional certifications (CPA, CMA, or Oracle Financials Certification) preferred.
• 5+ years of experience in project accounting, with at least 3 years in Oracle Project Accounting or Oracle PPM.
• Strong understanding of project costing, billing, and revenue recognition principles.

Skills

• Expertise in Oracle Project Accounting and Oracle Cloud PPM modules.
• Strong analytical and problem-solving skills.
• Proficiency in financial reporting and reconciliation.
• Excellent communication and stakeholder management skills.

Additional Information

Key Performance Indicators (KPIs)

• Accuracy of project financial data.
• Timely completion of reconciliations and reporting.
• Compliance audit success rate.
• Reduction in financial discrepancies and process errors.

Experience Level

Mid Level