Construction Accountant

**Job Title: Accountant – Construction CompanyDepartment** Finance & Accounts Reports To Finance Manager / General Manager Job Summary The Accountant is responsible for managing the financial records, accounting transactions, project costing, accounts payable and receivable, bank reconciliations, and financial reporting of the company. The role ensures compliance with UAE accounting standards, tax regulations, and company policies while supporting the financial management of construction projects. **Key ResponsibilitiesGeneral Accounting** * Maintain accurate and up-to-date accounting records. * Record daily financial transactions in the accounting system. * Prepare journal entries, general ledger reconciliations, and month-end closing entries. * Ensure proper documentation and filing of all financial records. **Accounts Payable** * Verify supplier invoices and supporting documents. * Process vendor payments and maintain payment schedules. * Reconcile supplier statements and resolve discrepancies. * Monitor subcontractor payments and retention balances. **Accounts Receivable** * Prepare customer invoices and progress billing certificates. * Follow up on outstanding receivables and collection status. * Reconcile customer accounts and maintain aging reports. **Project Cost Control** * Monitor project costs against approved budgets. * Track labor, material, equipment, and subcontractor expenses. * Prepare project cost reports and profitability analysis. * Assist management in identifying cost overruns and budget variances. **Bank & Cash Management** * Perform monthly bank reconciliations. * Monitor cash flow requirements and fund availability. * Maintain petty cash records and reconciliations. **Payroll Support** * Assist in preparing payroll and employee benefits calculations. * Verify overtime, leave salary, gratuity, and final settlements. * Ensure compliance with labor regulations and company policies. **Tax & Compliance** * Prepare and file VAT returns in compliance with UAE regulations. * Assist in Corporate Tax calculations and related documentation. * Maintain records required for audits and regulatory inspections. * Ensure compliance with financial and statutory requirements. **Financial Reporting** * Prepare monthly, quarterly, and annual financial reports. * Assist in preparing budgets and forecasts. * Support external auditors during annual audits. * Generate management reports and financial analysis. **Qualifications** * Bachelor's Degree in Accounting, Finance, or a related field. * Professional qualification (ACCA, CMA, CPA, CA, or equivalent) is an advantage. * Minimum 3–5 years of accounting experience, preferably in the construction industry. * Experience with project accounting and cost control is preferred. **Skills & Competencies** * Strong knowledge of accounting principles and financial reporting. * Experience with accounting software. * Knowledge of UAE VAT and Corporate Tax regulations. * Excellent analytical and problem-solving skills. * Strong attention to detail and accuracy. * Proficiency in Microsoft Excel and financial reporting tools. * Ability to work under pressure and meet deadlines. * Strong communication and organizational skills. **Key Performance Indicators (KPIs)** * Accuracy of financial records and reports. * Timely completion of month-end and year-end closing. * Collection of outstanding receivables. * Timely processing of vendor payments. * Compliance with VAT and Corporate Tax requirements. * Accuracy of project cost tracking and reporting. * Successful completion of audits without major findings. Application Question(s): * Immediate Joiner? Work Location: In person