Senior Accountant
Renova 360
Dubai, UAESeniorFinance & Accounting
Opens the original posting on Indeed.
About the role
Senior Accountant – Job Description
Location: UAE \| Job Type: Full\-Time
We are seeking a highly experienced and detail\-oriented Senior Accountant to join our team. The ideal candidate must have a minimum of 5 years of UAE experience within a Construction/Contracting Company, with strong knowledge of project accounting, financial reporting, VAT, and day\-to\-day accounting operations. Experience working within a Group of Companies will be highly preferred.
Key ResponsibilitiesAccounting \& Financial Management
- Manage and oversee day\-to\-day accounting activities and ensure accurate and timely recording of financial transactions.
- Prepare monthly financial reports, management accounts, and supporting schedules.
- Perform bank, supplier, customer, and intercompany reconciliations.
- Monitor accounts receivable and payable and ensure timely follow\-up and reconciliation.
- Prepare and review journal entries, accruals, prepayments, and provisions.
- Support month\-end and year\-end closing activities.
- Maintain accurate general ledger accounts and ensure proper accounting controls.
Construction \& Project Accounting
- Maintain project\-wise accounts, cost records, and expense allocations.
- Monitor project costs against approved budgets and coordinate with Project Managers and Quantity Surveyors.
- Track project\-related expenses, material costs, subcontractor payments, and labour costs.
- Assist in monitoring project profitability and cost variances.
- Support the preparation and review of project\-related invoices and payment applications.
- Ensure proper allocation of costs across projects, departments, and business units.
Group Company Accounting
- Handle intercompany transactions, reconciliations, and balances between Group companies.
- Assist with the preparation of consolidated financial information and reports.
- Ensure accurate allocation and recording of shared costs and expenses between companies.
- Coordinate with finance teams across different Group entities where required.
Compliance \& Reporting
- Ensure compliance with UAE accounting standards, Company policies, and financial procedures.
- Assist with VAT calculations, VAT returns, and supporting documentation in coordination with the Finance Manager.
- Support internal and external audit requirements.
- Maintain proper accounting records and supporting documentation.
- Assist in preparing information and reports required by Management, auditors, and other stakeholders.
Team \& Process Support
- Support and guide junior accounting staff where required.
- Identify opportunities to improve accounting processes and internal controls.
- Coordinate with HR, Procurement, Operations, and Project Teams on financial matters.
- Perform other accounting and finance\-related duties as assigned by Management.
Requirements
- Bachelor's Degree in Accounting, Finance, or a related field.
- Minimum 5 years of accounting experience in the UAE, specifically within a Construction or Contracting Company.
- Experience working in a Group of Companies is highly preferred.
- Strong knowledge of project accounting and cost allocation.
- Experience with accounts payable, receivable, general ledger, reconciliations, and financial reporting.
- Good knowledge of UAE VAT requirements.
- Experience with accounting/ERP systems is preferred.
- Advanced proficiency in MS Excel.
- Strong analytical, numerical, and problem\-solving skills.
- Ability to manage multiple priorities and meet reporting deadlines.
- High level of accuracy, integrity, and attention to detail.
- Good communication and coordination skills.
Preferred Qualifications
- CA / ACCA / CMA / CPA or other relevant professional qualification is an advantage.
- Experience in construction project costing and subcontractor accounting is preferred.
- Previous experience handling accounting for multiple entities within a Group structure is highly desirable.
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From the live posting. Full details at the application link above.