Accountant

Overview

Accountant is responsible for supporting all accounting and financial operations of the General Contracting company - including but not limited to recording financial transactions, maintaining books of accounts, preparing financial statements, and ensuring compliance with IFRS, FTA regulations, and UAE VAT laws.

The Accountant ensures timely and accurate financial data entry, project cost monitoring, supplier and subcontractor reconciliations, payroll processing under the Wages Protection System (WPS), and participation in VAT filing procedures. The position reports directly to the Senior Accountant and acts as his authorized deputy during his absence, performing all assigned financial, accounting, and reporting functions in line with company policies and applicable UAE laws.

The responsibilities described below are not exhaustive and may include any additional duties required to maintain full compliance, financial transparency, and proper accounting control as delegated by the Senior Accountant or Finance Manager.

Key Responsibilities

• Accounting and Financial Recording: Record and verify all daily transactions, journal entries, receipts, and payments in accordance with IFRS.
• Maintain the general ledger, accounts payable (AP), accounts receivable (AR), and trial balance.
• Prepare and review supplier invoices, subcontractor statements, and petty cash vouchers for accuracy and approval.
• Assist in preparing monthly and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow).
• Reconcile bank statements, verify cash balances, and ensure proper documentation of all transactions.
• Project Accounting and Cost Control: Maintain project accounting ledgers and support cost control functions under supervision of the Chief Accountant.
• Track and report project-related costs, including materials, labor, subcontractor payments, and equipment expense.
• Prepare cost comparison reports and assist in monitoring project budgets against actual expenditures.
• Ensure correct cost coding in alignment with the company ERP system and internal control structure.
• Taxation and Compliance: Maintain and reconcile all VAT registers in compliance with FTA requirements.
• Prepare VAT supporting schedules and assist in quarterly VAT return filing.
• Maintain records for potential FTA audits and ensure timely availability of all supporting documentation.
• Ensure adherence to UAE Commercial Companies Law, UAE Labor Law, and DMT requirements.
• Payroll, Payments, and Treasury: Process payroll through the WPS in compliance with MOHRE regulations.
• Prepare supplier and subcontractor payment requests and ensure timely disbursement in coordination with the Chief Accountant.
• Maintain records of advances, prepayments, deposits, and retentions.
• Assist in monitoring company bank accounts, ensuring adequate liquidity for ongoing projects.
• Supervise and mentor accounting staff, assign tasks, and verify accuracy of their work.
• Provide guidance on accounting standards, VAT, and compliance procedures.
• Conduct regular reviews to ensure team performance and accuracy of financial reporting.

Qualifications and Experience

• Mandatory: Bachelor's Degree in Accounting, Finance, or Commerce from an accredited university.
• Mandatory: Equivalency Certificate from the UAE Ministry of Higher Education.
• Mandatory: Minimum 7 years of professional experience in accounting and finance, including at least 5 years within construction or general contracting companies, ideally in Abu Dhabi.
• Strong knowledge of IFRS, UAE VAT Law, and UAE Labor and Commercial Regulations.
• Experience in interaction with FTA, DED, DMT, Abu Dhabi Department of Finance, and external auditors.
• Proficiency in ERP systems such as SAP, Oracle, etc.
• Excellent command of Microsoft Excel, Word, and PowerPoint.
• Advanced English proficiency (verbal and written); Arabic or Russian language is an advantage.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Manufacturing