Senior Accountant

About the Company

For over half a century, Waagner Biro Bridge Services has been a prominent construction and engineering firm operating across Dubai and the UAE, serving a diverse clientele spanning government and private sectors. The company offers comprehensive solutions ranging from design and construction to ongoing maintenance, supported by a skilled multidisciplinary team including civil, mechanical, structural, and electrical engineers dedicated to delivering precise, high-quality infrastructure projects throughout the region.

Job Responsibilities

• Manage complete project and job cost accounting cycles, including documenting transactions comprehensively.
• Prepare and analyze Work-in-Progress (WIP) reports and ensure revenue recognition aligns with IFRS 15 standards.
• Oversee retention receivables and payables, review subcontractor progress payments and related certifications.
• Monitor budgets vigilantly and track any deviations in costs.
• Compile monthly management accounts and financial statements, handling month-end and year-end close processes.
• Maintain the general ledger and conduct regular balance sheet reconciliations.
• Provide management with detailed project profitability and margin analyses.
• Ensure adherence to Qatar tax laws by preparing and submitting Corporate Income Tax returns and managing Withholding Tax compliance for foreign vendors.
• Engage with Qatar's General Tax Authority as necessary and retain accurate documentation for tax reviews and audits.
• Manage billing processes by coordinating progress invoicing and monitoring accounts receivable, including aging reports and collections follow-up.
• Process and verify supplier and subcontractor invoices with corresponding documents like LPOs, delivery notes, and payment certifications.
• Prepare and review payment schedules, vouchers, and execute timely payment transactions via bank transfer, cheque, or WPS.
• Reconcile vendor accounts, resolving discrepancies, and support cash flow planning by monitoring bank balances, facilities, and guarantees.
• Maintain internal control compliance and support both internal and external audit requirements.
• Enhance accounting procedures and optimize the utilization of ERP systems to improve operational efficiency.

Qualifications and Skills

• Bachelor’s degree in Accounting or Finance is required.
• Professional certifications such as ACCA, CPA, or CMA are preferred.
• A minimum of 5 to 10 years of accounting experience, including 3 to 5 years in the construction industry.
• Comprehensive understanding of IFRS standards and construction contract accounting methodology.
• Practical knowledge of Qatar taxation and related compliance requirements.
• Proficiency with ERP software systems and advanced Excel skills, including pivot tables and financial modeling.
• Experience with handling bank guarantees and performance bonds is considered beneficial.

Additional Information

• Strong analytical capabilities and expertise in financial reporting.
• Competency in cost control and margin analysis.
• Thorough understanding of regulatory compliance environments.
• Keen attention to detail and ability to operate effectively under tight deadlines.
• Excellent communication skills are essential for liaison across departments and with external parties.