Accountant

About the Role

Emirates Power Operation & Maintenance (EMPOWER Saudi O&M LLC) seeks a seasoned Accountant to enhance our team based in Dammam, Saudi Arabia. The role demands expertise in project accounting, cost control, invoicing, collections, accounts payable, VAT compliance, financial reporting, and cash-flow oversight, ideally within sectors such as contracting, construction, engineering, power, oil & gas, or industrial maintenance.

Key Responsibilities

• Oversee daily accounting activities ensuring precise maintenance of financial records.
• Maintain and reconcile General Ledger, Accounts Payable, Accounts Receivable, and bank transactions.
• Collaborate with Project Managers to establish project budgets, track expenditures, and assess cost deviations.
• Prepare and dispatch client invoices and progress billings while ensuring timely receivables and collections.
• Manage supplier invoice processing, verify purchase orders, oversee subcontractor payments, and control retention disbursements.
• Assist in month-end and year-end financial closures.
• Compile Work-In-Progress (WIP) schedules, financial statements, and management reports.
• Contribute to cash-flow forecasting, budgeting, and overall financial planning.
• Handle monthly payroll processing and related account reconciliations.
• Review employee expense claims to guarantee accurate accounting treatment.
• Prepare VAT filings and ensure adherence to Saudi tax laws and relevant financial statutes.
• Coordinate financial matters across Procurement, Projects, HR, and Operations departments.
• Support both internal and external auditing processes and ensure thorough documentation of financial transactions.
• Continuously seek improvements in accounting processes and enhance financial controls.

Qualifications and Experience

• Bachelor’s degree in Accounting, Finance, or a closely related discipline.
• A minimum of 2 to 5 years of pertinent accounting experience.
• Background in contracting, construction, engineering, power plants, oil & gas sectors, or industrial maintenance highly preferred.
• Proficient in project-based accounting including job costing, project budgeting, cost management, and Percentage-of-Completion revenue recognition.
• Experience with Accounts Payable, Accounts Receivable, General Ledger management, financial reporting, billing, collections, and bank reconciliations.
• Familiarity with Zoho Books or comparable accounting/ERP software is an advantage.
• Advanced competency in Microsoft Excel.
• Understanding of Saudi VAT regulations and relevant financial compliance requirements.
• Professional certifications such as CPA, ACCA, CMA, SOCPA or equivalent are a plus.
• Strong analytical skills paired with excellent numerical, organizational, and interpersonal communication abilities.
• Capability to collaborate effectively with cross-functional teams including project management, procurement, operations, and leadership.

Additional Information

Applicants must possess valid work authorization for Saudi Arabia and hold, if relevant, a transferable Iqama. Prompt availability or brief notice period preferred.