Accountant -Contracting Company
Confidential CompanyJob Description
Accountant – Contracting Location: Sharjah Industry: Construction / Contracting Experience: 4–5 Years Employment Type: Full-time Job Summary We are looking for an experienced Accountant with 4–5 years of relevant experience in construction or contracting companies. The successful candidate will be responsible for day-to-day accounting activities, project-related financial transactions, accounts payable and receivable, reconciliations, and financial reporting while ensuring accuracy and compliance with company policies and UAE regulations. Key Responsibilities - Manage day-to-day accounting transactions and maintain accurate financial records. - Handle accounts payable and accounts receivable, including invoices, payments, receipts, and collections. - Process and verify supplier, subcontractor, and project-related invoices. - Monitor project expenses, costs, and financial transactions and ensure proper allocation to projects/cost centers. - Prepare and maintain project-wise accounts and cost records. - Reconcile bank accounts, supplier statements, customer accounts, and other financial records. - Prepare journal entries, payment vouchers, receipts, and other accounting documents. - Follow up on outstanding receivables and payables and maintain accurate aging reports. - Coordinate with project teams, procurement, commercial, and site teams regarding financial and project-related transactions. - Verify supporting documents for payments and ensure proper approvals are obtained. - Assist in preparing monthly financial reports, schedules, and management reports. - Support month-end and year-end closing activities. - Maintain proper documentation and filing of accounting records. - Assist with VAT-related accounting requirements and ensure transactions are properly recorded. - Support internal and external audits by providing required financial documents and reconciliations. - Ensure compliance with company accounting policies, procedures, and applicable UAE regulations. - Identify discrepancies and accounting issues and coordinate with relevant departments to resolve them. Contracting / Construction Responsibilities - Maintain accurate accounting records for multiple projects where applicable. - Track project-related expenses, subcontractor costs, material purchases, and other direct costs. - Review subcontractor and supplier invoices against supporting documents and approvals. - Assist in monitoring project budgets versus actual costs. - Coordinate with Quantity Surveyors, Commercial, Procurement, and Project Managers regarding project financial matters. - Maintain proper records for retention, advance payments, deductions, and project-related settlements, where applicable. - Support preparation of project profitability and cost analysis reports. Requirements - Bachelor’s degree in Accounting, Finance, or a related field. - 4–5 years of relevant accounting experience. - Mandatory experience in a construction or contracting company. - Strong knowledge of general accounting principles and practices. - Experience with project accounting and construction-related transactions. - Good knowledge of AP, AR, bank reconciliation, journal entries, and month-end closing. - Knowledge of UAE VAT and basic UAE accounting requirements. - Proficiency in Microsoft Excel and accounting/ERP systems. - Strong attention to detail and accuracy. - Good analytical, organizational, and communication skills. - Ability to work independently and meet deadlines. - UAE experience is preferred. Preferred Candidate The ideal candidate should have practical experience working within a contracting/construction environment, with a strong understanding of project-related accounting, supplier and subcontractor transactions, and cost tracking.
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