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Accountant

SAKA Group of Companies
Abu Dhabi Emirate, UAE
Full Time
Mid
Onsite
5 days ago
Project Cost ControlWIP TrackingAccounts PayableBank ReconciliationGeneral Ledger ManagementMulti Currency Accounting
Free

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Project Cost ControlWIP TrackingAccounts Payable
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Job Overview

  • Operating out of the Abu Dhabi Emirate, the Accountant at SAKA Group works in a fast paced environment that ties traditional accounting to project lifecycle cost management.
  • The role demands strong commercial acumen alongside technical bookkeeping skills.

Key Responsibilities

  • Project Cost Control & WIP Tracking: Track live project expenses, variation orders, and material deliveries. Maintain and update Work in Progress (WIP) reports across multiple active project sites to protect profit margins.
  • Subcontractor & Vendor Management: Review subcontractor payment certificates, manage accounts payable (AP) cycles, verify invoices against purchase orders, and release timely payments according to contractual milestones.
  • General Ledger & Cash Flow: Conduct monthly bank reconciliations, maintain precise general ledger entries, handle multi currency expenses, and monitor operational cash flow across different subsidiaries.
  • UAE Regulatory Compliance & Tax: Calculate, prepare, and file quarterly UAE VAT returns. Keep exact financial documentation prepared for end of year corporate audits and maintain compliance with newer UAE corporate tax regulations.
  • Payroll Administration: Process monthly staff and labor payroll in compliance with the UAE Ministry of Human Resources and Emiratisation (MOHRE) via the Wages Protection System (WPS).

Qualifications & Requirements

  • Education: Bachelor’s degree in Accounting, Finance, or Commerce. Professional certifications (CPA, CMA, or ACCA) are heavily preferred.
  • Industry Experience: A minimum of 4–8 years of accounting experience specifically within the UAE construction, contracting, MEP, or interior fit out industries.
  • Technical Knowledge: Deep understanding of International Financial Reporting Standards (IFRS) relevant to construction revenue recognition (e.g., IFRS 15). Advance fluency in MS Excel (VLOOKUPs, pivot tables) and standard enterprise accounting/ERP software.
  • Local Skills: Prior practical experience navigating UAE VAT law, WPS systems, and local banking portals.

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