Financial Accountant
3 months ago
**Job Summary**:
This position plays a crucial role in the financial operations of a JV Construction Project in Abu Dhabi. Ensuring accuracy and compliance with accounting standards and regulations. The position involves overseeing various accounting tasks, analysing financial data, preparing financial reports, He/ She reports to the finance manager and collaborates with other departments to support the Project's overall financial goals.
**Responsibilities**:
**Financial Reporting**: Preparing daily cash and bank reports. Update actual cash flow and payment logs on daily basis. Preparing weekly payment schedules and issuance of the Checks to vendors.
**Payable Accounting & Banking**: Responsible for processing payments, communicate with banks, managing vendor invoices in payment log, ensuring accurate reconciliation of accounts, and maintaining compliance with financial regulations.
**General Ledger Management**: Maintain and reconcile the general ledger accounts, ensuring accuracy and adherence to accounting principles.
**Month-End Close**: Lead the month-end and year-end close processes, ensuring timely and accurate completion of financial activities.
**Tax Compliance**: if necessary, taking part and supportingtax returns and filing process, ensuring compliance with local, state, and federal tax regulations.
**Budgeting and Forecasting**: Assist in the budgeting and forecasting processes by providing financial insights and recommendations.
**Audit Support**:Assist to internal/external auditors during audits and provide necessary documentation and support.
**Process Improvement**: Identify inefficiencies in accounting processes and recommend and implement improvements to streamline operations.
**Qualifications**:
Bachelor’s degree in accounting, Finance, or related field.
UAE experience is required.
Construction background,
3-5 years of experience in finance and accounting roles,
Knowledge of accounting principles, regulations, and standards.
Proficiency in accounting software SAP, and Microsoft Excel Word
Analytical and problem-solving skills, with attention to detail.
Collaborate effectively with cross-functional teams.
Leadership abilities, with experience in mentoring and supervising junior staff.
Ability to work efficiently and meet tight deadlines.
Experience in the preparation and filing of tax returns is a plus.
Familiarity with ERP systems and financial modelling techniques is desirable.
**Job Types**: Full-time, Permanent
**Experience**:
Accounting: 3-5 years (preferred)
Ability to commute/relocate:
- Abu Dhabi: Reliably commute or planning to relocate before starting work (required)
Application Question(s):
- What is your notice period?
- What is your Current Salary?
- What is your Expected Salary?
**Experience**:
- Construction: 5 years (preferred)
- Financial Accountant: 5 years (preferred)
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