Monitor and manage project-related financial transactions, ensuring accurate cost allocation to specific construction activities, including labor, materials, and subcontractor expenses.
Prepare and maintain project budgets, cash flow forecasts, and cost variance reports for ongoing and upcoming construction projects.
Verify and process progress payment certificates, retention, and variations, coordinating closely with the Quantity Surveying and Project Management teams.
Conduct detailed review and reconciliation of subcontractor and supplier invoices against work progress, purchase orders, and delivery notes.
Manage accounts payable and receivable cycles, ensuring timely payments to suppliers and accurate invoicing to clients.
Oversee payroll processing for site and office employees, including overtime calculations and end-of-service benefits in compliance with UAE labor laws.
Review and ensure the accuracy of bank reconciliations, journal entries, and general ledger accounts related to construction activities.
Prepare financial statements and management reports, including profit and loss statements by project, cost analysis, and expense tracking.
Ensure VAT compliance and filing in accordance with UAE tax regulations, particularly for construction contracts and associated expenses.
Collaborate with the procurement and project teams to monitor committed costs, purchase orders, and inventory management.
Conduct periodic financial audits and liaise with external auditors to ensure compliance with international and local accounting standards.
Provide financial guidance and support to Project Managers and Department Heads for budget management and cost optimization.
Identify and implement process improvements for financial reporting and cost control systems specific to construction projects.
Qualifications and Experience:
Bachelors degree in Accounting, Finance, or a related field. Professional certification (e.g., CPA, ACCA, CMA) is preferred.
Minimum of 5 years of experience in accounting within the building contracting or construction industry in UAE.
Proficiency in accounting Oracle Fusion & QuickBooks
Job Type: Full-time
Pay: AED1,000.00 - AED50,000.00 per month
Application Question(s):
What is your expected salary?
What is your notice period?
Experience:
* building contracting: 5 years (Required)
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Job Detail
Job Id
JD1835398
Industry
Not mentioned
Total Positions
1
Job Type:
Contract
Salary:
Not mentioned
Employment Status
Permanent
Job Location
Dubai, DU, AE, United Arab Emirates
Education
Not mentioned
Apply For This Job
Beware of fraud agents! do not pay money to get a job
MNCJobsGulf.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.