Sr. Accountant

Role Overview

Senior Accountant at Nova Construction, a UAE-based general contracting and construction company specializing in branded residences. Based in the UAE.

Company Overview

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. The organization is committed to the highest standards of quality, innovation, and client satisfaction in every project undertaken, with ambition to grow as a trusted partner and deliver landmark developments that shape the future of the UAE's built environment.

Role Purpose

Lead financial accounting, project cost control, and compliance activities across construction operations. Ensure accurate financial reporting under IFRS, manage project profitability tracking, oversee accounts payable and receivable processes, and support management decision-making in a high-pressure, project-driven environment. Contribute to embedding robust project controls as the business scales.

Key Responsibilities

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.

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.

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.

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.

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.

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.

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 & Experience

• Bachelor's degree in Accounting, Finance, or related field.
• Professional certifications such as CPA, ACCA, CMA, or equivalent are highly preferred.
• Minimum 10 years of accounting experience.
• 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 (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.

Additional Information

This is a high-pressure, project-driven environment with long working hours and clear delivery expectations. The organization is still building structure, requiring comfort operating with a degree of ambiguity while maintaining discipline and control. You will have real ownership, visibility, and opportunity to influence how project controls are embedded as the business grows.

The 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. Senior-level responsibility at project level, close interaction with leadership, and the opportunity to help shape how project control is implemented in a fast-growing contracting organization.

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.