Senior Acountant - Construction

gu-recruitment; Muscat; On-site; OMR 9,000 - 15,000; Full time

Job summary

gu-recruitment is seeking an experienced Project Accountant for construction-focused finance. You will manage project accounts, budgets, WIP, accruals, and cost centers to support accurate reporting.

Responsibilities include processing invoices, payment certificates, VAT reconciliations, bank reconciliations, and monthly project reports. You will coordinate with procurement, sales, legal and management to ensure timely month-end close and financial control.

Qualifications

• Bachelor degree in Accounting, Finance, or Commerce.
• ACCA, CMA, CPA or equivalent certification preferred.
• 5+ years in accounting with at least 3 years in construction, contracting, or real estate development accounting.
• Experience with ERP systems and VAT reconciliations.
• Strong analytical and reporting abilities.

Responsibilities

• Maintain project accounts, cost centers, WIP records, budgets, commitments, and accruals.
• Record contractor, consultant, supplier, retention, advance payment, and variation transactions.
• Prepare monthly project financial reports, budget vs actual analysis, cash flow updates, and cost-to-complete summaries.
• Review invoices, payment certificates, LPOs, contracts, delivery notes, and approvals before posting or payment.
• Perform bank, supplier, contractor, intercompany, escrow, VAT, and balance sheet reconciliations.
• Support audits, tax filings, documentation requests, and accounting standard compliance.
• Coordinate with projects, procurement, sales, legal, and management on financial matters.
• Maintain organized accounting files and ensure timely month-end closing.

Skills

Analytical thinking

Attention to detail

Confidentiality

Teamwork

Deadline-driven

Education

Bachelor degree in Accounting, Finance, or Commerce

ACCA, CMA, CPA or equivalent certification preferred

Tools

ERP systems

Excel

VAT reconciliations

Financial reporting software

Budgeting tools

Job description

Manage construction-related accounting, project financial reporting, cost tracking, reconciliations, payment verification, and compliance to support accurate decision-making and financial control.

KEY RESPONSIBILITIES

Project Accounting

• Maintain accurate project accounts, cost centers, WIP records, budgets, commitments, and accruals.
• Record contractor, consultant, supplier, retention, advance payment, and variation transactions.

Payments & Controls

• Review invoices, payment certificates, LPOs, contracts, delivery notes, and approvals before posting or payment.
• Ensure payments follow the company authority matrix, contract terms, and supporting document requirements.

Reporting

• Prepare monthly project financial reports, budget vs actual analysis, cash flow updates, and cost-to-complete summaries.
• Support management with profitability, receivables, payables, and project exposure reports.

Reconciliation & Compliance

• Perform bank, supplier, contractor, intercompany, escrow, VAT, and balance sheet reconciliations.
• Support audits, tax filings, documentation requests, and accounting standard compliance.

Coordination

• Coordinate with projects, procurement, sales, legal, and management on financial matters.
• Maintain organized accounting files and ensure timely month-end closing.

Requirements

Education & Certifications

• Bachelor degree in Accounting, Finance, or Commerce;
• ACCA, CMA, CPA, or equivalent certification preferred.

Experience

• 5+ years in accounting with at least 3 years in construction, contracting, or real estate development accounting.

Technical Competencies

• Project accounting, ERP systems, Excel, VAT, reconciliations, payment certificates, cost centers, financial reporting.

Behavioral Competencies

• Accuracy, confidentiality, discipline, analytical thinking, integrity, follow-up, teamwork, ability to meet deadlines.