We are seeking a detail-oriented and experienced Accountant with a strict background in the construction industry to join our dynamic team. If you do not have construction accounting experience, please do not apply.
Key Responsibilities:
- Monitor and control project costs, budgets, and expenditures
- Prepare monthly cost reports, variance analysis, and financial statements
- Track project expenses, invoices, and subcontractor payments
- Coordinate with project managers and site teams on financial matters
- Manage progress billings, payment certificates, and collections
- Ensure compliance with accounting standards, contracts, and company procedures
- Maintain accurate financial records and documentation
- Support audits and management reporting
Financial Record Keeping:
- Maintain and update financial records, including accounts payable, accounts receivable, and general ledger entries.
- Ensure accuracy and completeness of all financial transactions.
- Bookkeeping:
- Record daily financial transactions on QuickBooks software.
- Reconcile bank statements, credit card transactions, and other financial documents.
- Track expenses, revenues, and other financial activities.
Financial Analysis:
- Prepare financial statements (income statements, balance sheets, and cash flow statements).
- Analyze financial data to identify trends, discrepancies, and opportunities for improvement.
- Budgeting and Forecasting:
- Collaborate with the finance team to develop and monitor budgets.
- Assist in creating accurate financial forecasts and projections.
Tax Compliance:
- Prepare and file accurate and timely tax returns.
- Ensure compliance with local, state, and federal tax regulations.
- Audit Support:
- Provide necessary documentation and assistance during internal and external audits.
- Organize financial records for audit purposes.
Financial Reporting:
- Generate regular financial reports for management.
- Provide insights into the company's financial performance.
- Vendor and Client Relations:
- Communicate effectively with vendors, clients, and internal departments regarding financial matters.
- Manage invoicing, payments, and financial discrepancies.
Expense Management:
- Monitor and control company expenses.
- Review expense reports and identify cost-saving opportunities.
- Process Improvement:
- Continuously assess and improve financial processes and procedures.
Requirements:
- Bachelor’s Degree in Accounting, Finance, or related field
- Minimum 8-10 years of experience in construction or project accounting
- Strong knowledge of construction cost accounting and budgeting
- Proficiency in accounting software and MS Excel
- Good understanding of contracts, BOQs, and project costing
- Strong analytical and organizational skills
- Ability to meet deadlines and work under pressure
Preferred Qualifications:
- Experience with construction companies or contracting firms
- Bachelor's degree or diploma in Accounting, Finance, or related field preferred.
- Knowledge of local tax and financial regulations
- CPA, CMA, or equivalent certification is an advantage
- Detail-oriented with a high level of accuracy in data entry and financial calculations.
- Ability to work independently and manage multiple tasks simultaneously.
- Strong ethical standards and commitment to maintaining confidentiality.
What We Offer:
- Competitive salary and benefits
- Career growth opportunities
- Professional and collaborative work environment
Job Type: Full-time
Pay: AED4,000.00 - AED6,000.00 per month