Senior Accountant Receivable - Construction

Job Title: Senior Accountant – Receivable

Location: Dubai-UAE

Department: Finance

Reporting To: Finance Manager / Accounts Manager

Job Summary:

We are seeking an experienced Senior Accountant – Receivable to manage the full accounts receivable cycle, ensure timely billing and collections, and maintain accurate financial records. The ideal candidate must have strong experience in construction or contracting companies, with solid knowledge of progress billing, retention accounting, and UAE VAT regulations.

Key Responsibilities:Accounts Receivable Management

• Manage complete AR cycle including invoicing, posting, reconciliation, and collections.
• Prepare and issue customer invoices based on progress certificates, contracts, and approved BOQs.
• Record revenue as per contract terms and project milestones.
• Monitor retention receivables and ensure timely release and follow-up.
• Maintain accurate customer ledger accounts and resolve discrepancies.

Billing & Project Coordination

• Coordinate with Project Managers and Quantity Surveyors for progress billing and certification.
• Ensure billing aligns with contract terms and approved variations.
• Track variations, claims, and change orders affecting receivables.

Collections & Credit Control

• Follow up with clients for outstanding payments.
• Prepare aging reports and ensure overdue accounts are addressed.
• Maintain strong relationships with clients for smooth collections.
• Recommend credit limits and monitor customer credit exposure.

Reconciliation & Reporting

• Perform monthly AR reconciliation and customer statement confirmation.
• Prepare AR aging analysis and collection forecast reports.
• Assist in month-end and year-end closing processes.
• Support external and internal audits by providing required documentation.

Compliance & VAT

• Ensure compliance with UAE VAT regulations for invoicing and revenue recognition.
• Reconcile VAT related to sales and receivables.
• Maintain proper documentation for tax compliance and audit purposes.

Qualifications & Requirements:

• Bachelor’s Degree in Accounting, Finance, or related field.
• Minimum 4–6 years of experience in Accounts Receivable.
• At least 3–5 years within a construction or contracting company (UAE experience preferred).
• Strong knowledge of progress billing, retention accounting, and contract-based invoicing.
• Good understanding of UAE VAT laws.
• Proficiency in ERP systems (SAP / Oracle / Tally / Focus / etc.).
• Advanced Excel skills.
• Strong analytical and reconciliation skills.
• Excellent communication and follow-up skills.

Job Types: Full-time, Permanent

Pay: AED8,000.00 - AED12,000.00 per month

Application Question(s):

• Do you have experience in Contracting company as Accounts receivable ?
• What is your notice period?
• Current Salary?