Accountant - Russian Speaker

Client of Blue Hat HR Services LLC

Dubai

On-site

AED 78,000 - 112,000

Full time

5 days ago
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Benefits offered by this job

Salary AED 7,000–10,000/month
Permanent Full Time

Job summary

Client of Blue Hat HR Services LLC in Dubai seeks an experienced Project Accountant to manage GL, AP, AR and project costing for large construction projects. You will supervise monthly closings, ensure compliant documentation, and drive accurate revenue recognition using POC principles.

The role requires GCC experience, Russian fluency, and strong ERP competency to support audit processes and month-end reporting across diverse regional practices.

Qualifications

  • Bachelor's Degree in Accounting/Finance required.
  • Minimum 5 years of total accounting experience.
  • Minimum 3+ years GCC experience in construction/contracting/Oil & Gas/EPC.
  • Fluent Russian language required.
  • UAE/GCC practices and compliance experience essential.
  • Revenue recognition using POC method understanding.

Responsibilities

  • Manage GL, AP, AR and project account reconciliations.
  • Perform monthly closings and prepare financial reports.
  • Maintain supporting documentation and VO/cache tracking.
  • Apply POC method and distinguish from invoicing.
  • Handle unbilled revenue, accruals, and WIP accounting.
  • Track project costs and cost allocations per project.
  • Recognize retention, advance payments, and progress billing.
  • Ensure UAE VAT filing and audit readiness.

Skills

Russian language
Project accounting
Costing analysis
Excel data analysis

Education

Bachelor's Degree in Accounting/Finance

Tools

ERP systems

Job description

Responsibilities
  • Manage GL AP AR and reconciliations for project accounts
  • Perform monthly closing and prepare financial reports
  • Maintain strong reconciliations and supporting documentation
  • Apply POC Percentage of Completion method and differentiate from invoicing
  • Handle unbilled revenue and accruals WIP accounting
  • Track project-wise costs and monitor cost allocation
  • Account for retention as receivable and ensure proper tracking
  • Recognize Variation Orders VO only upon approval
  • Manage advance payments and recovery treatment
  • Handle payment certificates and progress billing
  • Ensure compliance with UAE VAT filing amp treatment
  • Support audit processes and coordinate with auditors
  • Maintain proper financial records and documentation
  • Utilize ERP systems for GL AP AR and Project modules
  • Perform data analysis using Excel Pivot reconciliation analysis
  • Identify and resolve cost misallocation issues
  • Clearly explain POC vs billing concepts
  • Ensure accuracy in project financial reporting and analysisMust speak Russian fluently
  • Proven experience in project accounting and job costing environmentUAE GCC experience a must with familiarity in regional financial practices and compliance
  • General 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 cycles
Nice to have
  • 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

What s great in the job 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

What We Offer
  • Job Location Dubai
  • Type of Employment Permanent Full Time
  • Salary AED 7000 10 000 Month
  • Opportunity to work on large-scale construction projects
  • Exposure to end-to-end project accounting practices
  • Professional and growth-oriented work environment
Qualifications
  • Bachelor s Degree in Accounting, Finance, or related field (Mandatory)
  • Min 5 years of total accounting experience
  • Minimum 3+ years of relevant experience in GCC with industries like construction / contracting / Oil & Gas / EPC
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