Senior Accountant-Construction
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Key skills for this role
About the Role
Euro Systems is hiring a Senior Accountant with UAE construction experience to manage full accounting cycles, project costing, LCs, bank guarantees, and VAT/corporate tax compliance.
Key Skills for This Role
Responsibilities
- Manage the complete accounting cycle including General Ledger, Accounts Payable, Accounts Receivable, and Bank Reconciliations
- Handle project accounting, job costing, contract accounting, and revenue recognition
- Prepare monthly, quarterly, and annual financial statements
- Manage Letters of Credit (LCs) including documentation, negotiation, amendments, and coordination with banks
- Handle Bank Guarantees including issuance, renewals, amendments, tracking, and release
- Review and monitor customer and supplier contracts from a financial and commercial perspective
- Coordinate with project managers to monitor project budgets, costs, and profitability
- Prepare VAT returns and ensure compliance with UAE Corporate Tax regulations
- Liaise with banks, auditors, clients, and suppliers on financial matters
- Prepare MIS reports, cash flow forecasts, and management reports
Requirements
- Bachelor's Degree in Accounting, Finance, or related field
- Professional qualification (ACCA, CMA, CPA, or CA) is an advantage
- Minimum 5 8 years of UAE experience in a Contracting or Construction Company
- Strong hands on experience with Letters of Credit, Bank Guarantees, Contract Accounting, Project Costing, Cash Flow Management, UAE VAT & Corporate Tax
- Proficiency in ERP systems (SAP, Oracle, Odoo, Microsoft Dynamics, Tally, or similar)
- Advanced Microsoft Excel skills
- Excellent analytical, communication, and problem solving skills
Full Job Posting
Job Summary
- We are looking for a highly experienced Senior Accountant to join our finance team in Al Quoz.
- The ideal candidate must have solid UAE experience in a Contracting or Construction Company and possess strong expertise in Letters of Credit (LC), Bank Guarantees, Contract Accounting, and Project Finance.
Key Responsibilities
- Manage the complete accounting cycle, including General Ledger, Accounts Payable, Accounts Receivable, and Bank Reconciliations.
- Handle project accounting, job costing, contract accounting, and revenue recognition.
- Prepare monthly, quarterly, and annual financial statements.
- Manage Letters of Credit (LCs), including documentation, negotiation, amendments, and coordination with banks.
- Handle Bank Guarantees, including issuance, renewals, amendments, tracking, and release.
- Review and monitor customer and supplier contracts from a financial and commercial perspective.
- Coordinate with project managers to monitor project budgets, costs, and profitability.
- Prepare VAT returns and ensure compliance with UAE Corporate Tax regulations.
- Liaise with banks, auditors, clients, and suppliers on financial matters.
- Prepare MIS reports, cash flow forecasts, and management reports.
- Ensure compliance with IFRS and company financial policies.
Requirements
- Bachelor's Degree in Accounting, Finance, or a related field.
- Professional qualification (ACCA, CMA, CPA, or CA) is an advantage.
- Minimum 5–8 years of UAE experience, including experience in a Contracting or Construction Company.
- Strong hands on experience with Letters of Credit (LC), Bank Guarantees, Contract Accounting, Project Costing, Cash Flow Management, UAE VAT & Corporate Tax.
- Proficiency in ERP systems (SAP, Oracle, Odoo, Microsoft Dynamics, Tally, or similar).
- Advanced Microsoft Excel skills.
- Excellent analytical, communication, and problem solving skills.
Compensation
- Pay: AED 6,000 AED 8,000 per month
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