Sr. Accountant
- Full-time
Company Description
Nova International General Contracting is a well established UAE-based company dedicated to delivering excellence in general contracting and construction, specialized in executing branded residences. We are committed to the highest standards of quality, innovation, and client satisfaction in every project we undertake. Our ambition is to grow as a trusted partner and deliver landmark developments that shape the future of the UAE’s built environment. Join us as we set new benchmarks in construction and project delivery.
Job Description
1. Financial Accounting & Reporting
- Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS and company policies.
- Ensure accurate posting of journal entries, accruals, prepayments, and adjustments.
- Maintain the general ledger and ensure all accounts are reconciled and up to date.
- Prepare management reports including P&L, balance sheet, cash flow, and variance analysis.
2. Project Accounting & Cost Control
- Monitor project costs, revenue recognition, and profitability for ongoing construction projects.
- Review project budgets, cost-to-complete reports, and financial forecasts.
- Coordinate with project managers to validate cost allocations, material consumption, and subcontractor payments.
- Ensure accurate tracking of WIP (Work in Progress) and project billing cycles.
3. Accounts Payable & Receivable Management
- Oversee AP/AR processes including invoice verification, payment processing, and collection follow-ups.
- Review supplier and subcontractor invoices for accuracy and compliance with contracts.
- Monitor aging reports and ensure timely settlement of dues and collection of receivables.
- Resolve discrepancies with vendors, clients, and internal teams.
4. Payroll & Employee Cost Management
- Review monthly payroll, allowances, overtime, and deductions in coordination with HR.
- Ensure compliance with UAE labor laws, WPS requirements, and company policies.
- Maintain accurate employee cost allocations to projects.
5. Taxation, Compliance & Audit
- Ensure compliance with UAE VAT regulations, including preparation and filing of VAT returns.
- Maintain proper documentation for tax audits and regulatory inspections.
- Coordinate with external auditors for annual audits and provide required schedules and reports.
- Implement and monitor internal controls to safeguard company assets.
6. Treasury & Cash Flow Management
- Monitor daily cash flow, bank balances, and liquidity requirements.
- Prepare cash flow forecasts and advise management on funding needs.
- Manage bank reconciliations, LC/LD processes, and financial facilities.
7. Systems, Processes & Team Support
- Support the implementation and optimization of ERP/accounting systems.
- Train and supervise junior accountants and ensure adherence to accounting standards.
- Develop and improve financial processes, documentation, and reporting templates.
- Assist management with financial analysis for decision-making.
Qualifications
Education
- Bachelor’s degree in Accounting, Finance, or related field.
- Professional certifications such as CPA, ACCA, CMA, or equivalent are highly preferred.
Experience
- Minimum 10 years of accounting experience, with at least 5 years in the construction/contracting industry.
- Strong understanding of project accounting, cost control, and construction financial cycles.
- Experience working with ERP systems (e.g., Oracle, SAP, Microsoft Dynamics, Tally, or similar).
Skills & Competencies
- Strong knowledge of IFRS, VAT regulations, and financial controls.
- Excellent analytical, numerical, and problem‑solving skills.
- High proficiency in MS Excel and accounting software.
- Strong communication and interpersonal skills.
- Ability to work under pressure and meet strict deadlines.
- High attention to detail, accuracy, and integrity.
- Strong organizational and supervisory abilities.
Key Performance Indicators (KPIs)
- Accuracy and timeliness of financial reports.
- Compliance with VAT, audit, and regulatory requirements.
- Efficiency in managing AP/AR and cash flow.
- Reduction in financial discrepancies and errors.
- Quality of project cost tracking and reporting.
- Effectiveness in supporting management decisions.
Additional Information
The environment you are joining
This is a high-pressure, project-driven environment with long working hours and clear delivery expectations. The organization is still building structure, so you will need to be comfortable operating with a degree of ambiguity while maintaining discipline and control. In return, you will have real ownership, visibility, and the opportunity to influence how project controls are embedded as the business grows.
What’s in it for you
This role offers the chance to play a key role in delivering a flagship luxury residential project, with strong backing from an experienced developer and a growing project pipeline. You will have senior-level responsibility at project level, close interaction with leadership, and the opportunity to help shape how project control is done in a fast-growing contracting organization.
If you are motivated by challenge, ownership, and the opportunity to be part of a long-term success story, we would like to hear from you.
Nova General Contracting is an equal opportunity employer. We are committed to fostering a diverse and inclusive workplace where all employees are treated fairly and with respect. Employment decisions are made based on qualifications, experience, and business requirements, without unlawful discrimination, and in accordance with applicable UAE labor and employment laws. All hiring and employment is subject to compliance with UAE regulatory requirements, including those relating to work permits and residency visas, where applicable.
Nova International General Contracting is an equal opportunity employer. We are committed to fostering a diverse and inclusive workplace where all employees are treated fairly and with respect. Employment decisions are made based on qualifications, experience, and business requirements, without unlawful discrimination, and in accordance with applicable UAE labor and employment laws. All hiring and employment is subject to compliance with UAE regulatory requirements, including those relating to work permits and residency visas, where applicable.
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