Accountant

Client of Blue Hat HR Services LLC; Dubai; On-site; AED 190,000 - 279,000; Full time

Job summary

Client of Blue Hat HR Services LLC in the United Arab Emirates seeks an experienced accounting professional to manage project accounting, GL, AP, AR, and reconciliations. You will apply the Percentage of Completion (POC) method and ensure accurate revenue recognition, unbilled revenue, accruals, and cost tracking across projects.

The role requires a Bachelor's in Accounting or Finance with at least 5 years total accounting experience and 3+ years in rental equipment, construction, or

Qualifications

• Bachelor's degree in Accounting, Finance, or related field (Mandatory).
• Min 5 years total accounting experience.
• Min 3+ years in rental equipment or construction or contracting industry.
• UAE/GCC experience is required.
• Must speak Egyptian or Sudanese Arabic; Arabic language skills preferred.

Responsibilities

• Manage GL, AP, AR, and reconciliations for project accounts.
• Perform monthly close and prepare financial reports.
• Apply POC method and distinguish from invoicing.
• Handle unbilled revenue, accruals, and project cost tracking.
• Coordinate VAT filing and audits and maintain audit-ready records.

Job description

Responsibilities

Manage GL AP AR and reconciliations for project accountsPerform monthly closing and prepare financial reportsMaintain strong reconciliations and supporting documentationApply POC Percentage of Completion method and differentiate from invoicingHandle unbilled revenue and accruals WIP accounting Track project-wise costs and monitor cost allocationAccount for retention as receivable and ensure proper trackingRecognize Variation Orders VO only upon approvalManage advance payments and recovery treatmentHandle payment certificates and progress billingEnsure compliance with UAE VAT filing amp treatment Support audit processes and coordinate with auditorsMaintain proper financial records and documentationUtilize ERP systems for GL AP AR and Project modulesPerform data analysis using Excel Pivot reconciliation analysis Identify and resolve cost misallocation issuesClearly explain POC vs billing conceptsEnsure accuracy in project financial reporting and analysis strong

Job Overview

Must Have strong Bachelor s Degree in Accounting Finance or related field Mandatory Min 5 years of total accounting experience Minimum 3 years of relevant experience in rental equipment or construction or contracting industry Mandatory Must speak either Egyptian Arabic or Sudanese Arabic UAE GCC experience a must with familiarity in regional financial practices and compliance General Ledger GL accounting Accounts Payable AP and Accounts Receivable AR Bank supplier and customer reconciliations Experience handling monthly quarterly and year-end closing processes Ability to maintain accurate financial records and audit-ready documentation In-depth understanding of Revenue Recognition using Percentage of Completion POC method and clear distinction from invoicing Unbilled revenue Accruals and cost recognition Project cost tracking and cost allocation per project Retention accounting treated as receivable and tracked until release Variation Orders VO accounting recognized only upon approval Advance payments and recovery accounting treatment Payment certificates and progress billing cycles strong Nice to have strong VAT filing procedures Input output VAT treatment VAT reconciliation Basic understanding of UAE Corporate Tax regulations Experience in handling external and internal audits including preparing schedules and supporting documents Proven experience in project accounting and job costing environment strong

Details

Great team of smart people in a friendly and open culture No dumb managers no stupid tools to use no rigid working hours No waste of time in enterprise processes real responsibilities and autonomy Expand your knowledge of various business industries Create content that will help our users on a daily basis Real responsibilities and challenges in a fast evolving company Must HaveBachelor s Degree in Accounting, Finance, or related field (Mandatory)Min 5 years of total accounting experienceMinimum 3+ years of relevant experience in rental equipment or construction or contracting industry (Mandatory)Must speak either Egyptian Arabic or Sudanese Arabic.UAE / GCC experience a must, with familiarity in regional financial practices and complianceGeneral Ledger (GL) accountingAccounts Payable (AP) and Accounts Receivable (AR)Bank, supplier, and customer reconciliationsExperience handling monthly, quarterly, and year-end closing processesAbility to maintain accurate financial records and audit-ready documentationIn-depth understanding of Revenue Recognition using Percentage of Completion (POC) method and clear distinction from invoicingUnbilled revenueAccruals and cost recognitionProject cost tracking and cost allocation per projectRetention accounting (treated as receivable and tracked until release)Variation Orders (VO) accounting (recognized only upon approval)Advance payments and recovery accounting treatmentPayment certificates and progress billing cyclesNice to haveVAT filing proceduresInput/output VAT treatmentVAT reconciliationBasic understanding of UAE Corporate Tax regulationsExperience in handling external and internal audits, including preparing schedules and supporting documentsProven experience in project accounting and job costing environment