Senior Accountant- Contracting

Position Title: Senior Accountant/ Chief Accountant

Department: Finance & Accounts

Reports To: General Manager

Job Summar

yThe Senior Accountant is responsible for managing the financial and accounting operations of construction projects and the company. This role ensures accurate financial reporting, project cost monitoring, budgeting, cash flow management, compliance with statutory requirements, and effective control of financial transactions related to construction activities

.Key Responsibilitie

s
Financial Accounting & Reporti

• ngMaintain accurate accounting records in accordance with company policies and applicable accounting standard
• s.Prepare monthly, quarterly, and annual financial statements and management report
• s.Perform general ledger reconciliations and ensure timely month-end and year-end closin
• g.Monitor accounts payable, accounts receivable, and bank reconciliation
• s.Assist in external and internal audit

s.
Construction Project Account

• ingTrack project costs, budgets, commitments, and expenditur
• es.Monitor job costing and cost allocation for ongoing construction projects and report to
• GM.Prepare project profitability and cost variance repor
• ts.Reconcile project costs with BOQ and budgets. Manage retention and advance paymen
• ts.Review subcontractor invoices, supplier payments, and project-related expens
• es.Ensure proper accounting treatment of retention, advances, and progress billin

gs.
Budgeting & Cost Con

• trolAssist in preparing annual budgets and project-specific budg
• ets.Monitor project cash flows and forecast funding requireme
• nts.Analyze budget variances and recommend corrective acti
• ons.Support management in controlling project costs and maximising profitabil

ity.
Qualifica

• tionsBachelor's Degree in Accounting, Finance, or a related f
• ield.Professional certification such as ACCA, CMA is prefe
• rred.5–10 years of accounting experience, preferably within the construction indu
• stry.Minimum 5 years of UAE Experience in a contracting backgr

ound.
Required

• SkillsConstruction project accounting and job co
• sting.Financial analysis and repo
• rting.Budgeting and foreca
• sting.VAT and tax compl
• iance.Cash flow manag
• ement.Attention to detail and acc

uracy.