Accountant

NSDA Holding; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A reputable construction firm in Abu Dhabi is seeking an experienced accountant to manage financial records in accordance with IFRS and UAE regulations. Responsibilities include maintaining the general ledger, preparing financial statements, and ensuring compliance with tax requirements. The ideal candidate holds a Bachelor's degree in Accounting or Finance, has at least 5 years of experience in a similar role, and is proficient in ERP systems such as SAP or Oracle.

Qualifications

• Minimum 5 years of relevant experience in accounting within construction or general contracting.
• Strong knowledge of IFRS and UAE VAT law.
• Good understanding of project accounting and cost allocation.

Responsibilities

• Record and verify all transactions and maintain the general ledger.
• Assist in preparing monthly and annual financial statements.
• Maintain all VAT records in compliance with FTA requirements.

Skills

Accounting principles

Financial reporting

Tax compliance

ERP systems

Microsoft Excel

Wages Protection System

Education

Bachelor's Degree in Accounting or Finance

Equivalency Certificate from UAE Ministry

Tools

SAP

Oracle

Zoho Books

QuickBooks

Job description

Accounting and Financial Recording

• Record and verify all daily transactions, journal entries, receipts, and payments in accordance with IFRS (International Financial Reporting Standards).
• 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 expenses.
• Prepare cost comparison reports and assist in monitoring project budgets against actual expenditures.
• Ensure correct cost coding in alignment with company’s ERP (Enterprise Resource Planning) system and internal control structure.

Taxation and Compliance

• Maintain and reconcile all VAT (Value Added Tax) registers in compliance with Federal Tax Authority (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 Department of Municipalities and Transport (DMT) requirements.

Payroll, Payments, and Treasury

• Process payroll through the Wages Protection System (WPS) in compliance with Ministry of Human Resources and Emiratisation (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.

Reporting and Coordination

1. Assist the Chief Accountant in preparing management reports, including cash flow forecasts, cost analyses, and financial summaries.
2. Coordinate with external auditors during audits and ensure accurate provision of financial data.
3. Liaise with banks, clients, subcontractors, and suppliers on accounting and financial matters.
4. Provide accounting support and documentation to project management, procurement, and administration departments.

Substitution and Delegation Duties

• Substitute for the Chief Accountant during his absence, maintaining continuity of accounting and reporting functions.
• Ensure all statutory filings, payments, and reports are completed in a timely and accurate manner during delegation periods.

Provide regular updates to management on financial and compliance matters when acting as Chief Accountant

Skills

• Bachelor’s Degree in Accounting or Finance from an accredited university.
• Equivalency Certificate from the UAE Ministry of Higher Education – mandatory.
• Minimum 5 years of relevant experience in accounting within construction or general contracting companies in the Emirate of Abu Dhabi.
• Strong knowledge of IFRS (International Financial Reporting Standards), UAE VAT law, and FTA (Federal Tax Authority) compliance procedures.
• Practical experience with ERP (Enterprise Resource Planning) systems such as SAP, Oracle, Zoho Books, or QuickBooks.
• Good understanding of project accounting, cost allocation, and WPS (Wages Protection System) payroll processing.
• Proficiency in Microsoft Excel, Word, and PowerPoint.
• English fluency (Upper-Intermediate or higher); Arabic language proficiency is an advantage.