Sr. Accountant

ESG Emirates Stallions Group P.J.S.C.; Abu Dhabi; On-site; AED 240,000 - 420,000; Full time

Job summary

ESG Emirates Stallions Group P.J.S.C. is seeking an experienced accounting professional to maintain the general ledger, prepare financial reports, and manage month-end close in line with IFRS and company policies.

The role involves monitoring project costs, budgets, VAT compliance, and coordinating with project managers and procurement to ensure accurate cost tracking and timely financial reporting.

Qualifications

• ACCA, CPA, CMA or VAT certification preferred.
• 5–8 years accounting experience.
• Strong knowledge in IFRS, accrual accounting, and month-end/year-end closing.
• Proficiency in ERP systems (SAP, Oracle, Tally, Sage, QuickBooks, or similar).

Responsibilities

• Maintain general ledger and prepare monthly, quarterly and annual financial reports.
• Close month-end and year-end activities within deadlines.
• Monitor project costs against budgets and cost breakdown structures.
• Support VAT compliance and ensure internal control adherence.
• Liaise with project managers, procurement and site teams on cost-related matters.
• Provide financial information and explanations to management and auditors.

Skills

IFRS knowledge

accrual accounting

Month-end close

Cost control

WIP accounting

Budgeting & forecasting

Cash flow analysis

Stakeholder communication

Team mentorship

Education

Bachelor’s degree in accounting, Finance or commerce

Tools

SAP

Oracle

Tally

Sage

QuickBooks

Job description

Ensure accurate maintenance of the general ledger in accordance with IFRS and company accounting policies Prepare and review monthly quarterly and annual financial reports Execute month-end and year-end closing activities within prescribed timelines Ensure proper accounting treatment of accruals prepayments provisions and adjustments Monitor project costs against approved budgets and cost breakdown structures Ensure accurate recording of Direct and indirect project costs Site expenses Material usage and subcontractor costs Prepare and maintain Work-in-Progress WIP reports Monitor project profitability and identify cost variances and potential financial risks Support revenue recognition in accordance with project progress and contractual terms Assist in preparation of annual budgets and periodic forecasts Monitor project cash flows including Customer invoicing Advance payments Retentions and Collections Support cash flow planning and working capital management Ensure compliance with applicable VAT laws and regulations Review VAT computations returns and supporting documentation Ensure adherence to internal control procedures and financial policies Support internal and external audit activities and address audit observations Review and monitor accounts payable and subcontractor payments Ensure proper reconciliation of Bank accounts Supplier and subcontractor accounts and Customer accounts Monitor collections and coordinate with relevant departments to resolve billing issues Liaise with project managers to review project financial performance Coordinate with procurement and site teams on cost-related matters Provide financial information and explanations to management as required Liaise with auditors banks consultants and regulatory authorities when necessary Guide and supervise junior accounting staff and Review work outputs to ensure accuracy and compliance Review and validate accounting entries journals and reconciliations Approve routine accounting adjustments within delegated authority limits Recommend corrective actions related to cost overruns and accounting discrepancies Access financial systems accounting records and project financial data Communicate directly with Project managers External auditors Banks and financial institutions Escalate financial risks control breaches or compliance issues to the Finance Manager Compliance with accounting standards and company policies Timely completion of assigned financial and reporting responsibilities Bachelor’s degree in accounting, Finance or commerce.

• Professional Certifications ACCA, CPA, CMA or VAT / Taxation certification are Preferred.
• 5–8 years of accounting experience.
• Strong knowledge in IFRS, Accrual accounting principles and Month-end and year-end closing.
• Proficiency in accounting ERP systems (SAP, Oracle, Tally, Sage, QuickBooks, or similar)
• Advanced understanding of Project-based accounting, Cost allocation, cost control, WIP accounting, Variations, claims, retention and back charges.
• Professional in Journal entries, accruals, reconciliations, month-end and year-end closing procedures.
• Familiarity with Project Lifecycle from design to handover, Site expenses and material consumption tracking.
• Experience of UAE VAT laws and compliance (VAT filing, audits, reversals).
• Compliance Knowledge of External and internal audit requirements.
• Professional in Financial reporting, analysis, Project financial performance monitoring, Budgeting, forecasting, cash-flow analysis, Cost variance and margin analysis.
• Ability to Identify financial risks and recommend corrective actions.
• Proficiency in accounting ERP systems (SAP, Oracle, Tally, Sage, QuickBooks, or similar).
• Ability to Explain financial data with stakeholders and Coordinate with project managers and procurement.
• Professional interaction with Auditors, Banks, Tax authorities, Vendors and subcontractors.
• Ability to supervise mentor junior accountants, Task delegation, review, ensuring deadlines are met accurately.
• Professional in preparing financial statements and Consistent on-time delivery of financial reports.