Senior Accountant

About the Company

The organization is a long-established construction and engineering business based in Dubai and the UAE, with more than five decades of experience serving public as well as private clients. It provides integrated project solutions covering design, construction, and ongoing maintenance.

A cross-functional team of civil, mechanical, structural, and electrical professionals supports the company’s work, with a strong focus on dependable infrastructure delivery, technical accuracy, and quality standards across the region.

Role Overview

The Senior Accountant will oversee core accounting activities for project-based operations, with responsibility spanning job costing, financial reporting, tax compliance, receivables, payables, cash flow support, and internal controls.

Project and Job Cost Accounting

• Manage the full accounting cycle for projects and operational records.
• Prepare and validate work-in-progress reporting.
• Apply IFRS 15 correctly for revenue recognition.
• Monitor retention amounts due from customers and payable to subcontractors.
• Check subcontractor progress claims and certification documents.
• Track budget performance and explain cost differences.
• Keep transaction files and supporting records complete and organized.

Financial Reporting

• Compile monthly management accounts and statutory-style financial statements.
• Handle month-end and year-end close processes.
• Maintain the general ledger and complete balance sheet reconciliations.
• Prepare profitability and margin analysis for projects and share insights with management.

Tax and Regulatory Compliance

• Ensure accounting and reporting activities follow Qatar tax rules.
• Prepare and submit corporate income tax filings.
• Manage withholding tax compliance for overseas suppliers and vendors.
• Coordinate with the General Tax Authority when needed.
• Retain proper records for tax reviews, assessments, and audits.

Billing and Receivables

• Track progress billing and issue invoices to clients.
• Review aged receivables and follow up on overdue collections.
• Reconcile customer accounts and manage retention-related balances.

Payables and Cash Flow

• Process invoices from suppliers and subcontractors.
• Check local purchase orders, delivery notes, and payment certificates before processing.
• Prepare payment vouchers and payment schedules for review.
• Execute payments through bank transfer, cheque, or WPS as required.
• Match vendor statements and resolve any discrepancies.
• Support cash flow forecasting and planning.
• Track bank balances, credit facilities, and guarantees.

Internal Controls and Audit

• Follow company policies and control procedures consistently.
• Assist with internal and external audits.
• Help improve accounting workflows and better use of the ERP system.

Qualifications and Experience

• A bachelor’s degree in Accounting or Finance is required.
• Professional accounting credentials such as ACCA, CPA, or CMA are preferred.
• Applicants should bring 5 to 10 years of accounting experience, including at least 3 to 5 years in the construction industry.
• Strong working knowledge of IFRS and construction contract accounting is essential.
• Hands-on exposure to Qatar tax practices is required.
• Prior experience with ERP platforms is needed.
• Advanced Excel capability, including pivot tables and financial modelling, is expected.
• Experience with bank guarantees and performance bonds will be considered an advantage.

Additional Information

The role calls for strong analytical ability, solid financial reporting skills, a firm grasp of cost control and margin analysis, awareness of regulatory requirements, close attention to detail, the ability to work to tight deadlines, and effective communication skills.