A well-known and well-reputed Company “Constar Inc.” based in Dubai, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Accountant”.
Company Name |
Constar Inc. |
Qualification | Bachelors Degree | Masters Degree |
Experience | 3 – 5 years of Relevant Experience Required |
Monthly Salary | 6,500 AED – 7,500 AED |
Employment Type | Full Time | Permanent |
Company Size | 50 – 100 Employees |
Benefits | Medical Insurance |
Location | Dubai |
JOB DESCRIPTION
Position Overview
We are looking to hire an experienced construction accountant to join our company. In this role, you’ll be responsible for managing the accounts of various construction projects by creating detailed budgets, overseeing supplier contracts, evaluating production costs, and verifying invoice statements.
To ensure success as a construction accountant, you should display excellent business acumen and the ability to minimize production costs through efficient accounting. Ultimately, a top-notch construction accountant is an analytical and detail-oriented individual with a high level of financial accuracy.
Essential Duties and Responsibilities
- Developing and maintaining strong relationships with vendors and suppliers.
- Keeping abreast with both the construction and accounting industry.
- Responsible for the accounting operations of the company
- Collaborating with the project manager to develop a detailed, cost-effective budget for the project.
- Communicate routinely with Project Managers on a variety of job related topics including bonding, insurance and contract agreements.
- Analyzing all transactions and working unforeseen costs into the budget.
- Participate in the formation and implementation of company financial plans
- Preparation of all monthly financial reports
- Work with outside accounting/financial firms on monthly close-out procedures
- Provide reporting and budgeting as required by Senior Management.
- Manage company and project cash flow
- Supervise accounts payable and accounts receivable staff and functions.
- Work with project management staff ensuring proper compliance with accounting procedures including reviewing and analyzing job cost estimates and reports monthly.
- Develop written accounting procedures for the operations staff and work with team to ensure proper implementation and compliance.
- Reporting any financial risks and budgetary discrepancies to management for review.
- Researching market trends and projecting construction-related price increases/decreases.
- Keeping a record of all project finances for internal/external auditing and tax purposes.
- Preparing cost analyses by interpreting projects’ financial data and information.
Strategic Initiative Responsibilities:
- Creating new accounting/operations procedures to prepare and manage rapidly growing entity and the evolving business structure.
- Develop and maintain relationships with key partners including banks, title companies, etc. that will support and grow the business.
- Prepare special reports by collecting, analyzing and summarizing information and trends
Desired Skills And Experience
Must be a strong and organized leader with strong analytical and problem-solving abilities. Excellent verbal and written communication skills are also required.
Specific requirements include:
- Bachelor’s Degree in accounting and/or finance required
- 3 to 5+ years of progressive accounting experience
- Excellent knowledge of construction cost accounting and related financial procedures.
- 2 to 4 years on Construction Management or General Contracting or Subcontractor industry experience
- Understanding of commercial insurance policies required
- A certification in construction accounting is preferred.
- Familiarity with accounting software, such as QuickBooks and NetSuite.
- Working knowledge of the construction industry.
- Solid analytical and mathematical skills.
- Meticulous attention to detail and a high level of accuracy.
- Good communication and interpersonal skills.
- Ability to multitask and thrive in a fast-paced environment.