Accountant

Job Description – Accountant

Industry: Interior Fit-Out / Contracting / MEP Services
Location: Dubai, United Arab Emirates
Department: Finance & Accounts
Employment Type: Full-Time

Job Summary

We are seeking a detail-oriented and commercially aware Accountant to manage the day-to-day financial operations of our interior fit-out company. The ideal candidate should have experience in the UAE construction, contracting, or interior fit-out industry, with a strong understanding of project costing, accounts payable and receivable, VAT compliance, cash flow management, and financial reporting.

The candidate will work closely with management, project managers, procurement, suppliers, and subcontractors to ensure accurate financial records, effective cost control, timely payments, and healthy project cash flow.

Key Responsibilities1. General Accounting & Financial Management

• Maintain accurate books of accounts, including general ledger, journals, and bank reconciliations.
• Manage accounts payable, accounts receivable, petty cash, and company expenses.
• Prepare monthly financial statements, management reports, and periodic financial summaries.
• Monitor company expenses, overheads, cash flow, and working capital.
• Maintain proper filing and documentation of all financial transactions.

2. Project Accounting & Cost Control

• Maintain separate project-wise accounts, budgets, and cost records.
• Track project costs against approved BOQs, quotations, budgets, and purchase orders.
• Monitor material costs, labour costs, subcontractor costs, and other project-related expenses.
• Prepare project profitability reports and identify cost overruns or budget discrepancies.
• Track project advances, retention amounts, variations, and outstanding payments.
• Reconcile project expenses with work progress, approved valuations, and client payments.
• Coordinate with project managers to ensure accurate and timely recording of project costs.

3. Accounts Payable & Subcontractor Management

• Verify supplier invoices, purchase orders, delivery notes, and subcontractor invoices before processing payments.
• Prepare supplier and subcontractor payment schedules based on agreed credit terms and project cash flow.
• Monitor outstanding supplier balances, subcontractor liabilities, and payment commitments.
• Reconcile supplier statements and resolve discrepancies.
• Ensure payments are processed only after the necessary approvals and supporting documents are obtained.

4. Accounts Receivable & Client Billing

• Prepare and issue client invoices in accordance with contractual payment terms and project milestones.
• Follow up on outstanding receivables, overdue invoices, and payment certificates.
• Maintain records of advance payments, progress claims, retention, and variation claims.
• Coordinate with project teams to ensure timely submission of invoices and supporting documents.
• Prepare receivables ageing reports and provide regular collection updates to management.

5. UAE VAT & Regulatory Compliance

• Prepare and maintain VAT records in accordance with UAE VAT regulations.
• Coordinate VAT return preparation and filing within applicable deadlines.
• Ensure proper treatment of input and output VAT and maintain valid tax invoices.
• Reconcile VAT accounts and maintain supporting documents for tax compliance.
• Coordinate with external auditors, tax consultants, and other relevant authorities when required.
• Support compliance with applicable UAE accounting, tax, and corporate reporting requirements.

6. Banking, Cash Flow & Payroll

• Prepare daily or weekly cash flow forecasts and monitor available funds.
• Reconcile bank accounts, credit card transactions, and bank facilities.
• Prepare payment plans considering project collections, supplier commitments, payroll, and operating expenses.
• Process payroll records, staff advances, reimbursements, and other employee-related payments.
• Coordinate with HR for salary records, leave adjustments, and final settlements.
• Assist management in monitoring cash flow requirements across ongoing projects.

7. Procurement & Administrative Coordination

• Verify purchase requests, purchase orders, supplier quotations, and invoices against approved budgets.
• Maintain records of material purchases, project-related expenses, and inventory where applicable.
• Coordinate with procurement and project teams to ensure proper cost allocation.
• Monitor advances issued to suppliers, employees, and subcontractors and ensure timely settlement.
• Maintain internal financial controls and report unusual transactions or discrepancies to management.

Qualifications & Experience

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 3–5 years of relevant accounting experience in the UAE.
• Previous experience with an interior fit-out, construction, contracting, or MEP company is strongly preferred.
• Good knowledge of UAE VAT regulations and practical accounting procedures.
• Experience in project costing, job-wise profitability, subcontractor accounting, and cash flow management.
• Proficiency in accounting software such as Tally, Zoho Books, QuickBooks, or ERP systems.
• Strong Excel skills, including formulas, pivot tables, and financial reporting.
• Good knowledge of UAE banking, supplier payment practices, and financial documentation.

Required Skills & Competencies

• Strong numerical, analytical, and reconciliation skills.
• High attention to detail, accuracy, and confidentiality.
• Ability to manage multiple projects and meet strict deadlines.
• Commercial awareness and the ability to identify cost overruns and cash flow risks.
• Strong coordination and communication skills.
• Ability to work independently and provide timely, accurate financial information to management.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of monthly financial reports.
• Timely preparation and submission of VAT returns.
• Accuracy of project costing and profitability reports.
• Timely invoicing and follow-up on outstanding receivables.
• Effective monitoring of cash flow and payment commitments.
• Timely reconciliation of bank, supplier, and client accounts.
• Proper documentation and compliance with internal approval procedures.

Application Requirement: Candidates should submit their CV detailing relevant UAE accounting experience, accounting software proficiency, and experience in the construction or interior fit-out industry.

Please send your CV on +971503140497

Pay: Up to AED5,000.00 per month

Work Location: In person