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Accountant

Afaq Engineering for Building Contracting • Full-time • Dubai, United Arab Emirates • 3w ago

Accountant

Position Title: Accountant (Construction / Contracting)

Location: United Arab Emirates (Head Office)

Experience Required: Minimum 5 years in UAE building construction.

Job Summary:

We require a skilled Accountant with specialized experience in the construction industry to manage our financial operations. You will be responsible for project-based accounting, cost tracking, financial reporting, and ensuring compliance with UAE financial regulations, including VAT .

Key Responsibilities:

Project Accounting: Handle accounting for construction projects, including cost tracking, revenue recognition, and managing progress payments and subcontractor invoices .
Financial Operations: Manage day-to-day bookkeeping, accounts payable/receivable, bank reconciliations, and ledger entries .
Reporting: Prepare accurate monthly, quarterly, and annual financial statements and management reports, providing insights on cash flow and project profitability .
Budgeting & Analysis: Assist in developing project budgets and forecasts, analyzing all transactions, and reporting any financial risks or budgetary discrepancies to management .
Compliance: Ensure timely filing and reconciliation of VAT returns in full compliance with UAE regulations. Liaise with auditors for internal and external audits .
Vendor Relations: Develop and maintain strong relationships with vendors and suppliers, ensuring accurate and timely payments .

Qualifications & Skills:

Education: Bachelor’s degree in Accounting, Finance, or a related field. A professional certification (e.g., CMA, CPA, ACCA) is preferred .
Experience: Minimum of 5 years of accounting experience specifically within a UAE contracting or construction company .
Technical Skills: Strong knowledge of accounting software (e.g., Tally, QuickBooks, NetSuite, SAP) and advanced Excel skills .
Core Competencies: Solid understanding of contracting cost accounting, strong analytical and mathematical skills, meticulous attention to detail, and the ability to multitask