Job Description
Role Overview – Sanco Electromechanical Services is hiring a Senior Accountant for a full-time, on-site position based in Dubai. This position is ideal for experienced accounting professionals with strong financial expertise, electromechanical and engineering services industry knowledge, and the ability to manage accounting operations effectively, oversee financial records, ensure regulatory compliance, provide financial analysis, manage budgets, and contribute to organizational financial success within a dynamic electromechanical services company.
Financial Statement Preparation and Reporting – You will oversee preparation of comprehensive financial statements including balance sheets, income statements, and cash flow statements in compliance with IFRS standards and UAE regulatory requirements. You will ensure statements are accurate, complete, and prepared within required timeframes for management review, stakeholder reporting, and regulatory submission with appropriate disclosures supporting informed decision-making.
General Ledger Management and Control – You will manage and maintain the general ledger by recording all financial transactions, ensuring accurate account classification, and overseeing monthly reconciliation processes. You will verify transaction postings, investigate discrepancies, supervise accounting staff, and ensure the general ledger balances with supporting documentation and audit requirements.
Project Accounting and Cost Management – You will manage project accounting by tracking project costs, recording project expenses, allocating costs appropriately, and supporting project financial reporting. You will manage budgets for electromechanical projects, analyze project profitability, and support cost control. You should understand project-based financial management.
Revenue Recognition and Billing – You will manage revenue recognition by ensuring proper income recording following contract requirements, processing customer invoices, and recording billings appropriately. You will coordinate with operations regarding completion and billing, track revenue by project, and ensure accurate revenue accounting. You should understand services revenue recognition.
Accounts Receivable Management – You will manage accounts receivable by processing customer invoices, recording payments, and maintaining client account records. You will follow up on outstanding invoices, prepare aging reports, and implement collection strategies. You will maintain accurate receivable records and optimize cash collection.
Accounts Payable Oversight – You will oversee accounts payable by managing supplier invoices, coordinating payment processing, and maintaining vendor relationships. You will optimize payment timing, negotiate terms, and ensure proper documentation. You will maintain accurate payable records and support vendor management.
Cash Flow Management and Forecasting – You will manage cash flow by analyzing cash position, preparing cash forecasts, and supporting working capital optimization. You will coordinate with operations regarding cash requirements, manage payment timing, and optimize liquidity. You will support organizational financial stability and efficiency.
Electromechanical Services Industry Expertise – You will leverage electromechanical services industry expertise by understanding service operations, managing industry-specific costs, and supporting projects. You will understand contract-based revenue and project delivery costs. You should be knowledgeable about engineering services sector.
VAT and Tax Compliance Management – You will ensure strict compliance with UAE Value Added Tax regulations and Federal Tax Authority requirements by preparing VAT returns, maintaining comprehensive documentation, and ensuring timely submissions. You will implement necessary accounting adjustments and support tax compliance activities.
Fixed Asset Management – You will manage the fixed asset register by recording equipment purchases, tracking depreciation, processing disposals, and maintaining accurate asset records. You will ensure proper asset capitalization decisions and support asset optimization. You will prepare fixed asset schedules for financial statements.
Payroll Accounting and Compliance – You will oversee payroll accounting by recording salary expenses, coordinating with payroll providers, and ensuring accurate employee expense recording. You will reconcile payroll records, ensure compliance with labor regulations, and maintain payroll documentation.
Cost Analysis and Management – You will analyze and manage costs by identifying cost drivers, optimizing expenses, and supporting cost reduction initiatives. You will conduct cost analysis supporting operational decisions. You should focus on cost management and efficiency improvement.
Financial Analysis and Performance Reporting – You will analyze financial performance by calculating key metrics, analyzing variances, and preparing financial reports for management. You will provide insights supporting strategic decision-making. You should conduct thorough financial analysis.
Working Capital Management – You will manage working capital by optimizing inventory, managing receivables and payables, and supporting operational efficiency. You will analyze working capital metrics and implement improvements. You should optimize organizational liquidity.
Internal Controls and Risk Management – You will implement and maintain strong internal controls by ensuring proper authorization, documentation, and segregation of duties. You will identify control gaps, recommend improvements, and support audit readiness. You will maintain effective risk management.
Audit Coordination and Support – You will coordinate with external and internal auditors by preparing documentation, responding to audit inquiries, and tracking audit recommendations. You will ensure timely completion of audit procedures and implementation of findings.
Team Leadership and Development – You will lead accounting team by assigning responsibilities, conducting performance reviews, providing feedback, and supporting professional development. You will build team capabilities, mentor staff, and maintain team standards. You should inspire confidence and foster growth.
How to Apply:
Send your updated CV to info@sancouae.com
Please highlight your senior accounting experience, professional accounting certifications (ACCA, CPA, or equivalent), specific examples of financial reporting and accounting management achievements, your expertise in IFRS and VAT compliance, experience with project and electromechanical services accounting if applicable, proficiency with accounting systems and ERP platforms, staff supervision accomplishments, electromechanical or engineering services industry knowledge, and your understanding of multinational business operations.
About the Company:
Sanco Electromechanical Services is a professional electromechanical services and engineering organization operating in Dubai with a strong commitment to financial excellence, operational efficiency, and sustainable growth through effective accounting and financial management.
Dubai - United Arab Emirates
Category
Experience
Career Level
Required Qualification
Bachelor in Relevant field
Requires Traveling:
No
Salary
9000 - 9500 AED
Salary Type
Per Month
Total Vacancies
1
Skills
process improvementfinancial operationsmanualcompanypoliciescommunicationgovernancemonitoringmonitorcurrentsupervisorinternationalprofitability analysisgeneralleadership skillswritten communicationarabicaccounting standardscontractingreliabilitycollaborationstrategic thinkingelectromechanicalhiringsenior accountantdubaiaccountingengineering servicesindustryaccounting operationsregulatory compliancefinancial analysisdynamicpreparationreportingfinancial statementsbalancecash flowcomplianceifrsstandardsregulatoryrequirementsmanagementreviewledgercontrolgeneral ledgerrecordingtransactionsclassificationoverseeingreconciliationaccounting staffdocumentationcost managementproject accountingtrackingprojectexpensesfinancial reportingprofitabilitysupportcost controlrecognitionbillingrevenue recognitionprocessingcustomeroperationsrevenuerevenue accountingreceivable managementaccounts receivablepaymentsclientreceivablecashaccounts payablesupplierpayment processingvendortimingflowforecastingworking capitaloptimizationliquidityservicetax complianceregulationsreturnsasset managementassetequipmentdepreciationpayrollsalarylaboranalysiscostcost reduction initiativescost analysisfocusperformancemetricscapital managementinventorypayablesrisk managementinternalauthorizationriskcoordinationproceduresimplementationleadershipdevelopmentleadteamprovidingfeedbackprofessionalbuildmentorstaffseniorplatformsstaff supervisionbusiness operationsengineeringorganizationoperatingfinancial management
