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.