General Accountant - Contracting Company

**Job Title: General Accountant - Contracting Company** **Job Description:** We are seeking an experienced and detail-oriented **General Accountant** to join our finance team. The ideal candidate will have 5-8 years of accounting experience, particularly within the **contracting or construction** industry. The successful candidate will be responsible for managing financial transactions, preparing reports, ensuring compliance with tax and regulatory requirements, and supporting the overall financial operations of the company. **Key Responsibilities:** * **Financial Reporting & Analysis:** * Prepare and analyze monthly, quarterly, and annual financial statements (balance sheet, profit & loss statement) for management review. * Ensure accuracy and completeness of financial reports and assist in preparing financial statements in compliance with local regulations and accounting standards. * Perform financial analysis and provide insights into cost control, profitability, and overall financial performance. * **Project Accounting & Contract Management:** * Manage project accounting, ensuring accurate tracking of costs, progress payments, and billing according to contract terms. * Ensure that all project-related financial data is recorded accurately, including contract variations, claims, and progress billing. * Coordinate with project managers to track and reconcile project costs and revenues. * **General Ledger Management:** * Maintain and update the general ledger, ensuring proper posting of financial transactions, accurate account coding, and reconciliation of all accounts. * Conduct regular reconciliation of balance sheet accounts and resolve discrepancies promptly. * **Accounts Payable & Receivable:** * Oversee and manage accounts payable (AP) and accounts receivable (AR) functions, ensuring all invoices are processed on time, and collections are handled efficiently. * Monitor cash flow and ensure timely payments to suppliers and contractors. * Work closely with vendors and customers to resolve billing issues and discrepancies. * **Payroll and Tax Compliance:** * Assist with payroll processing and ensure that wages, overtime, and deductions are calculated correctly and paid on time. * Ensure compliance with tax regulations (including VAT, WHT, and other local taxes) and assist in preparing tax returns and reports. * Handle monthly, quarterly, and year-end tax filings. * **Cash Flow Management:** * Monitor cash flow, ensuring sufficient liquidity for operational needs and project requirements. * Assist in cash forecasting and liquidity management. * **Internal Controls & Audit Support:** * Ensure compliance with internal financial controls and accounting policies. * Support both internal and external auditors during audits and provide required financial documentation. * **Cost Control & Budgeting:** * Participate in preparing annual budgets and forecasts for the company and projects. * Monitor and control costs, providing regular analysis of variances between actual and budgeted amounts. * **Financial Documentation & Reporting:** * Prepare and submit financial reports for management, stakeholders, and regulatory authorities on time. * Maintain proper filing and documentation of all accounting and financial records. **Requirements:** * **Experience:** * 5-8 years of experience in accounting, with at least 3 years in the **contracting or construction industry**. * Strong understanding of project-based accounting, including contract management and progress billing. * **Education:** * Bachelor’s degree in Accounting, Finance, or a related field. * Professional certification (e.g., CPA, ACCA, CMA) is a plus. * **Skills:** * Strong knowledge of accounting principles, financial reporting, and local regulations (e.g., VAT, WHT). * Proficiency in accounting software ( SAP, Preferred ). * Advanced Excel skills, including pivot tables, VLOOKUP, and data analysis. * Ability to manage multiple projects and priorities in a fast-paced environment. * Strong attention to detail and accuracy. * Excellent organizational, time-management, and problem-solving skills. * Strong communication skills and ability to work effectively with internal and external stakeholders. * **Language:** * Fluency in English (written and spoken) is required. * Knowledge of additional languages is an advantage. **Preferred Qualifications:** * Experience in a senior accounting or supervisory role within the contracting/construction industry. * Knowledge of local tax laws, including VAT and withholding tax. * Experience with ERP software implementation or upgrades. Job Type: Full-time Pay: AED5,000.00 - AED6,000.00 per month Education: * Bachelor's (Preferred) Experience: * accounting: 1 year (Preferred) Work Location: In person