Cost Accountant / Finance Analyst

About the role

The Cost Accountant manages financial activities for projects, including contract sales, subcontractor invoices, reconciliations, VAT filing, MIS reporting and audit finalisation. The role suits someone with strong attention to detail, financial accounting proficiency and the ability to handle many tasks at once.

Key responsibilities

• Monthly line-by-line review of contract data with the Contracts team, prepare project-wise profit and loss statements, analyse variances and present data in the MIS format
• Monitor and reconcile contract sales and costs, coordinate with operations and ensure timely invoicing
• Maintain customer invoice records, follow up overdue accounts and prepare an AR aging report
• Book and verify subcontractor invoices, reconcile them with statements and resolve discrepancies with project managers
• Track vendor invoices, schedule payments and prepare an AP aging report
• Allocate costs and overheads to projects and track cost-to-complete
• Manage accounting software, improve processes and perform monthly bank and intercompany reconciliations
• Prepare and file VAT returns, maintain VAT records and liaise with VAT auditors
• Support monthly and annual MIS reports and assist in preparing financial statements for audit
• Track prepayments, deposits, interest and provisions; maintain the fixed asset register and calculate depreciation
• Help prepare bank guarantees by gathering documentation and coordinating with banks and clients

Required profile

• B.Com with CA or CMA, or MBA (F); CA (Inter) or CMA (Inter) candidates may also be considered
• 5-7 years of experience, preferably in UAE construction contracting
• Experience in an ERP environment, payroll, banking arrangements and audit
• Good communication, leadership and teamwork skills, able to meet tight deadlines

Required skills

• Microsoft Office, especially Excel and Word
• ERP systems