• Lead and oversee the accounting and financial reporting functions of the company, ensuring compliance with IFRS, UAE regulations, and internal financial policies.

• Prepare monthly, quarterly, and annual financial statements and management reports.

• Manage project accounting activities for multiple construction and infrastructure projects.

• Monitor project costs, budgets, commitments, and cost-to-complete analysis to ensure financial control throughout the project lifecycle.

• Review and reconcile project-wise revenues, costs, subcontractor payments, material purchases, and overhead allocations.

• Ensure accurate accounting treatment of Work-in-Progress (WIP), accrued costs, retention receivables/payables, advance payments, and project provisions.

• Monitor project cash flows, payment certificates, client billing, collections, and supplier/subcontractor liabilities.

• Coordinate with Project Managers, Commercial Teams, Procurement, and Quantity Surveyors to ensure financial accuracy of project reporting.

• Perform detailed variance analysis between budgeted and actual project costs, highlighting financial risks and opportunities.

• Review subcontractor invoices, progress payment certificates, variations, claims, and final account settlements.

• Manage bank facilities, project financing, guarantees, letters of credit, and performance bonds.

• Ensure compliance with VAT regulations, corporate tax requirements, and statutory reporting obligations.

• Support internal and external audits and ensure timely closure of audit observations.

• Review and reconcile intercompany transactions and group-level reporting requirements where applicable.

• Develop and strengthen internal controls, financial governance, and accounting procedures across projects.

• Supervise and mentor the accounting team to ensure efficiency, compliance, and timely reporting.

Construction-Specific Technical Responsibilities

• Strong understanding of Construction Accounting and Project Cost Control.

• Monitor Job Costing, Cost Codes, Budget Tracking, and Earned Value Reporting.

• Manage Revenue Recognition under IFRS 15 (Percentage of Completion Method).

• Review WIP Schedules and Cost-to-Complete Forecasting.

• Control Retention Accounting, Advance Payments, Performance Bonds, and Bank Guarantees.

• Monitor Project Claims, Variations, Extension of Time (EOT) Financial Impact, and Commercial Recoveries.

• Analyze project profitability and margin performance across multiple projects.

• Coordinate with Commercial and QS teams for cost reporting and project financial forecasting.

• Review procurement commitments and subcontractor financial exposure.

• Ensure proper accounting treatment of mobilization costs, project overheads, and indirect costs.

Desired Candidate Profile

• Education

  • Bachelor's Degree in Accounting, Finance, Commerce, or related field.

  • CA, ACCA, CPA, CMA, or equivalent professional qualification preferred.

  
  

  Experience

  • Minimum 8–12 years of accounting and finance experience.

  • Minimum 5 years in Construction, Contracting, Infrastructure, Civil Engineering, Building Construction, MEP, or EPC companies within the GCC/UAE.

  • Experience handling multiple large-scale construction projects is mandatory.

  
  

  Technical Skills

  • Strong knowledge of IFRS and Construction Accounting Standards.

  • Advanced Microsoft Excel skills.

  • Hands-on experience with ERP systems such as Oracle, SAP, ERPNext, JD Edwards, Microsoft Dynamics, or similar.

  • Strong understanding of project costing, budgeting, forecasting, and financial controls.