Accountant Full Time

The Accountant role in Dubai with Innovo Group involves expertise in financial reporting services, IFRS compliance, VAT filing, and corporate finance management.

Role Purpose

• Receive payment certificates from all sites (Dubai & Abu Dhabi)
• Check and enter payment certificates into Oracle system.
• Enter debit notes in Oracle if any.
• Monitor payments of subcontractors.
• Maintain advance given/recovered, guarantees received, penalties, retentions and security cheques summary/ledgers in Excel format for records and action.
• Monitor all banks’ guarantees’ expiry dates and follow up with banks for renewal.
• Release bank guarantees and security cheques upon request of subcontractor.
• Assist and update payment status and solve queries of subcontractors if any.
• Maintain bank account details of subcontractors and assist IT team to update the same in Oracle.
• Assist all senior managers in their various monthly provisions for subcontractor and internal cost reports.
• Prepare assignment letters for subcontractors for bank use.
• Prepare bank reconciliation statements for Abu Dhabi branch and all bank transfer entries.
•  Ensure strict adherence of HSE policies and procedures set
• Report HSE incidents/violations etc. to superiors on time

Strict adherence of legal requirements

Key Accountabilities

• Bachelor Degree in Finance or other related field.

• 5+ years relevant work experience in accounting and/or corporate finance. Preference for those with experience in GCC contracting companies.

• Should have the ability to operate individually and under supervision
• Solid sense of confidentiality and discretion.
• Outstanding interpersonal, written, and communication skills.

Working as an Accountant at Innovo Group Dubai requires strong skills in budget forecasting tools, cash flow management systems, payroll processing services, and financial risk analysis.