Accountant

Job Brief:

We are seeking a skilled and detail-oriented Accountant with preferred experience in the contracting / construction industry. The ideal candidate must have hands-on expertise in accounting, revenue recognition (POC), WIP, retention, and cost control.

Responsibilities

• Manage GL, AP, AR, and reconciliations for project accounts
• Perform monthly closing and prepare financial reports
• Maintain strong reconciliations and supporting documentation
• Apply POC (Percentage of Completion) method and differentiate from invoicing
• Handle unbilled revenue and accruals (WIP accounting)
• Track project-wise costs and monitor cost allocation
• Account for retention as receivable and ensure proper tracking
• Recognize Variation Orders (VO) only upon approval
• Manage advance payments and recovery treatment
• Handle payment certificates and progress billing
• Ensure compliance with UAE VAT (filing & treatment)
• Support audit processes and coordinate with auditors
• Maintain proper financial records and documentation
• Utilize ERP systems for GL, AP, AR, and Project modules
• Perform data analysis using Excel (Pivot, reconciliation, analysis)
• Identify and resolve cost misallocation issues
• Clearly explain POC vs billing concepts
• Ensure accuracy in project financial reporting and analysis

Must Have

• Bachelor’s Degree in Accounting, Finance, or related field (Mandatory)
• Arabic language is a must
• Minimum 3+ years of relevant experience in construction / contracting industry (Mandatory)

Nice to have

• VAT filing procedures
• Input/output VAT treatment
• VAT reconciliation
• Basic understanding of UAE Corporate Tax regulations
• Experience in handling external and internal audits, including preparing schedules and supporting documents

Job Types: Full-time, Permanent

Pay: AED3,000.00 - AED5,000.00 per hour

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

• What is your salary expectation?

Experience:

• Accounting: 3 years (Required)

Work Location: In person