Sr. Accountant

Role Overview

Senior Accountant at Nova Construction, a UAE-based general contracting company specializing in branded residences, located in the United Arab Emirates.

Company Overview

Nova International General Contracting is an established UAE-based company dedicated to delivering excellence in general contracting and construction, with specialization in executing branded residences. The company is committed to the highest standards of quality, innovation, and client satisfaction in every project undertaken. The organization aims to grow as a trusted partner and deliver landmark developments that shape the future of the UAE's built environment.

Role Purpose

The Senior Accountant is responsible for accurate project and financial accounting, IFRS-compliant reporting, and disciplined month-end close within a live contracting environment. The role supports management reporting, cash-flow visibility, and audit readiness while ensuring strict adherence to internal controls and UAE regulatory requirements.

Key Responsibilities

Financial Review and Reconciliation

• Review journal entries and balance-sheet reconciliations for accuracy and completeness.
• Review and record revenue, IPCs, variations, and client billings in line with IFRS and contract terms.

Month-End and Year-End Close

• Execute and support month-end and year-end close activities, including accruals and reconciliations.
• Support preparation of monthly and annual financial statements.

Project Accounting and Cost Management

• Prepare monthly project P&Ls, WIP schedules, and cost-to-complete reports with supporting analysis.
• Manage project cost accounting, budget vs actuals, margin tracking, and cost-to-complete monitoring.
• Control subcontractor and supplier accounting, including advances, retentions, and settlement tracking.

Cash Flow and Reporting

• Support project-based cash-flow forecasting and management reporting.

Controls and Compliance

• Enforce accounting controls and DoA compliance, support audit readiness at project and HQ level.
• Liaise with auditors and regulatory authorities as required.

Process Improvement

• Drive continuous improvement in accounting processes and reporting automation.

Qualifications & Experience

• Bachelor's degree in accounting, Finance, or related field.
• Professional certification (CPA, ACCA, or equivalent) preferred.
• 10+ years of experience in accounting for contracting companies.
• Hands-on experience with procurement cycles, subcontractors, and retentions.

Skills & Competencies

• Proficient in ERP systems and advanced Excel for project accounting.
• Strong working knowledge of IFRS (WIP, revenue recognition).
• Strong analytical and problem-solving skills.
• Ability to manage multiple live projects under time and cost pressure.

Additional Information

Nova International General Contracting is an equal opportunity employer 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.