Accountant

About Versatile International Consultants

Versatile International is recognized as the Middle East’s pioneering fully integrated Stone Project Management Consultancy operating extensively across the UAE and Saudi Arabia. Established in 2020, the firm has garnered trust as a specialist in the delivery of natural stone projects for many prestigious developments throughout the region.

Role Overview

This comprehensive and hands-on accounting role is a critical part of the Dubai finance team. The selected candidate will undertake diverse general accounting functions to ensure accurate financial documentation, timely reporting, and robust financial controls.

Key Responsibilities

• Maintain accuracy and integrity of the general ledger by ensuring precise transaction entries.
• Prepare and review various accounting entries including journals, accruals, prepayments, payroll journals, depreciation, and adjustments for month-end closing.
• Complete month-end and year-end closing processes within established deadlines.
• Prepare and audit balance sheet reconciliations for bank accounts, intercompany transactions, accruals, prepayments, receivables, payables, and fixed assets.
• Generate financial statements, management reports, analyze variances, and provide commentary on financial results.
• Contribute to budgeting, forecasting activities, and cash flow management.
• Support accounting for projects throughout their lifecycle including revenue recognition, costs management, work-in-progress, accrued and deferred revenue.
• Assist with implementing AASB 15 revenue recognition standards for multi-phase projects.
• Reconcile project revenues and costs while aiding in project-specific financial reporting.
• Collaborate closely with Accounts Payable and Accounts Receivable teams to ensure accurate transaction coding, processing, and period allocation.
• Help manage working capital by performing debtor and creditor reconciliations and aging analyses.
• Assist with compliance requirements including tax, statutory obligations, regulatory issues, and audit support.
• Support treasury functions including banking activities and short-term cash flow forecasting.
• Drive continuous improvement through finance system enhancements, process automation, and optimization initiatives.
• Ensure all financial documentation is properly maintained with adequate controls and audit trails.
• Provide mentorship and knowledge sharing to junior team members within the finance department.

Candidate Profile

• Proven solid experience in general accounting including general ledger maintenance, reconciliations, month-end closing, and financial reporting.
• Strong understanding of accounting principles, internal control frameworks, and compliance standards.
• Prior experience in project accounting and familiarity with revenue recognition practices is highly advantageous.
• Exceptional analytical and problem-solving abilities with meticulous attention to detail.
• Advanced proficiency in Microsoft Excel and comfort working with financial software applications.
• Ability to analyze variances and resolve complex reconciliation challenges.
• Excellent organizational capabilities with the skill to manage conflicting priorities efficiently.
• Strong communication skills and confidence in liaising with stakeholders across various business functions.
• Demonstrates professional judgment, maintains confidentiality, and upholds high ethical standards.
• A proactive approach with an eagerness to embrace continuous improvement and hands-on involvement.

Opportunity Highlights

This is an excellent chance to join a dynamic specialist consultancy engaged in high-profile natural stone projects in the Middle East. The role offers meaningful involvement in multiple facets of finance including accounting, project finance, reporting, compliance, and business performance enhancement.