We are seeking a Senior Accountant with a minimum of 5 years of experience in the UAE, specializing in the contracting/construction industry. The ideal candidate will be responsible for managing financial operations, ensuring compliance with local regulations, and providing accurate financial reports. This role requires a deep understanding of construction accounting, cost control, and project-based financial management.
Key Responsibilities:
- Oversee the day-to-day accounting operations, including accounts payable, receivables, and general ledger maintenance.
- Prepare monthly, quarterly, and annual financial statements in compliance with IFRS and local regulations.
- Manage project cost accounting, ensuring accurate tracking of expenses and proper allocation to projects.
- Perform regular budget vs actual analysis and variance reporting for ongoing construction projects.
- Handle financial forecasting, cash flow management, and resource allocation to meet project financial requirements.
- Ensure compliance with VAT regulations and filing of returns in a timely manner.
- Coordinate and support external audits, ensuring accurate documentation and financial transparency.
- Reconcile bank statements, project accounts, and resolve discrepancies.
- Maintain strong internal controls and improve accounting processes to enhance efficiency.
- Collaborate with project managers to provide financial insights and support for project planning and execution.
- Oversee payroll processing for employees in compliance with UAE labor laws.
- Assist with financial planning, tax planning, and risk management strategies.
Requirements:
- Bachelor's degree in Accounting, Finance, or a related field (CPA/CA certification is a plus).
- Minimum of 3 years of experience in accounting within the contracting/construction industry in the UAE.
- In-depth knowledge of construction accounting principles, project cost control, and financial management.
- Proficiency in accounting software such as QuickBooks, Tally, or other ERP systems.
- Excellent understanding of UAE VAT laws and other relevant financial regulations.
- Strong analytical, problem-solving, and communication skills.
- Ability to work independently and collaboratively with cross-functional teams.
- High attention to detail and a proactive approach to managing financial tasks.
- Previous experience with managing multiple projects in a fast-paced environment.
- Familiarity with UAE labor laws and payroll regulations.
- Advanced Excel skills and experience with financial modeling.
Salary: AED 10,000 - 15,000