: UAE (Office-based, with potential for some travel between companies' offices)
Reporting to
: Senior Accountant
Department
: Finance & Accounting
Role Description
This role includes financial reporting, budgeting, auditing, and day-to-day accounting duties such as accounts payable, receivable, and payroll. The
Accountant
will play a vital role in ensuring compliance with local tax laws and financial regulations, maintaining healthy cash flow, and providing financial insights to support business decision-making.
Key ResponsibilitiesBudgeting & Forecasting
Develop
annual budgets
and forecasts for both companies, providing detailed financial planning to align with business goals.
Monitor budget performance and provide variance analysis, offering recommendations to improve financial efficiency.
Accounts Payable & Receivable
Manage the
invoicing
process for clients of Khales and Al Masar Alale, ensuring timely receipt of payments.
Process supplier invoices
and ensure timely payments, managing cash flow and optimizing payment schedules.
Oversee and track
accounts receivable
and follow up on outstanding payments to maintain healthy cash flow.
Payroll & Expense Management
Oversee and manage
payroll
for both companies, ensuring timely payment of employee salaries and benefits, and proper compliance with UAE labor regulations.
Monitor and process
expense claims
for both staff and project-related expenses, ensuring they comply with company policy.
Tax Compliance & Regulatory Reporting
Ensure compliance with
VAT regulations
and prepare VAT returns for submission to UAE tax authorities for both entities.
Maintain up-to-date knowledge of
tax laws and financial regulations
, ensuring the companies are compliant with all legal requirements.
Liaise with auditors and regulatory authorities as required, assisting in external and internal audits.
Project Accounting
Work closely with the project management team at
Al Masar Alale Contracting
to provide accurate
cost tracking
and
project accounting
.
Allocate project costs
, monitor project financial performance, and ensure that projects are completed within the approved budgets.
Provide
financial reports
on specific projects, including cost-to-completion estimates and any variances from the budget.
Cash Flow & Banking
Manage
cash flow
for both companies, ensuring adequate liquidity to meet day-to-day operational requirements.
Maintain relationships with
banks
, oversee banking transactions, and handle bank reconciliations.
Auditing & Compliance
Assist with
internal and external audits
by preparing all necessary documentation and financial reports for audit reviews.
Ensure adherence to
internal controls
and assist in implementing any improvements to financial processes and systems.
System & Process Improvements
Recommend and implement
process improvements
to enhance financial controls, reporting accuracy, and efficiency in the finance function.
Leverage
accounting software
(such as QuickBooks, Tally, or ERP systems) to manage day-to-day financial transactions and automate processes.
Qualifications
Bachelor's Degree
in Accounting, Finance, or related field.
Professional accounting qualification (e.g.,
CPA, ACCA
, or equivalent) is preferred.
Knowledge and experience working on Odoo system
Minimum of
3-5 years of experience
in accounting, ideally within the engineering, construction, or consultancy sectors.
Strong knowledge of
UAE VAT laws
and
local financial regulations
.
Proficiency in
accounting software
(such as QuickBooks, Tally, or ERP systems) and
Microsoft Excel
.
Experience with project accounting
in a contracting environment is a strong plus.
Exceptional attention to detail and accuracy in financial reporting.
Strong
organizational and time management skills
, with the ability to handle multiple tasks and deadlines.
Excellent communication and interpersonal skills, capable of working with multiple teams and stakeholders.
Job Type: Full-time
Pay: AED3,000.00 - AED4,000.00 per month
Application Question(s):
Do you have experience working with Odoo software?
What is your notice period in days?
* What is your monthly salary expectation?
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