Accountant | Assistant Accountant | Royal Wood Factory

Royal Joinery has its own dedicated Factory to assist clients on high profile projects that require international expertise and a degree of workmanship that eliminates the need to source sub-contractors and third-party furniture suppliers. Our primary focus is on carpentry and woodwork specialties across a wide variety of projects and sectors through the delivery of sophisticated qualified experts in their field and innovative techniques and equipment.

Job Title: Accountant

As an Accountant in the Joinery/Fit Out/Contracting industry, your role is essential in managing financial records, ensuring compliance with industry-specific regulations, and Standards. You will play a pivotal role in maintaining up to date and accrual financials statements and reports. Key responsibilities include:

• Financial Record Keeping: Accurately record and maintain financial transactions, including accounts payable, accounts receivable, general ledger, cash, and bank entries.
• Budgeting and Forecasting: Assist in the preparation of budgets and financial forecasts, taking into consideration the unique financial demands of the Joinery/Fit Out/Contracting industry.
• Financial Reporting: Generate and analyze financial statements, including income statements, balance sheets, and cash flow statements, ensuring they comply with industry and UAE accounting standards.
• Tax Compliance: Stay up to date with UAE tax laws and regulations as they relate to the construction and contracting industry. Ensure all tax obligations are met.
• Cost Control: Monitor and analyze project costs, ensuring efficient resource allocation and cost control measures are in place.
• Vendor and Supplier Management: Manage financial relationships with suppliers and subcontractors in the industry, ensuring timely payments and adherence to contracts.
• Financial Audits: Assist in the preparation and coordination of financial audits, liaising with external auditors as required.
• Financial Software and Tools: Utilize accounting software and financial tools to streamline and automate financial processes.
• Compliance and Regulation: Ensure compliance with local regulatory authorities and industry-specific regulations and standards.
• Financial Analysis: Provide insights and analysis on financial performance, highlighting areas for improvement and optimization. 

Job Title: Assistant Accountant

As an Assistant Accountant in the Joinery/Fit Out/Contracting industry, your role is to support the senior accounting team in managing financial records, ensuring compliance with industry-specific regulations, and contributing to the financial stability of the organization. This position is ideal for someone with a strong interest in accounting and a desire to gain hands-on experience in the industry. Key responsibilities include:

• Financial Record Keeping: Assist in the accurate recording and maintenance of financial transactions, including accounts payable, accounts receivable, and general ledger entries.
• Invoicing and Payments: Process and prepare invoices for clients, suppliers, and subcontractors. Monitor payment schedules and ensure timely payments.
• Data Entry: Efficiently enter financial data into accounting software and spreadsheets, ensuring accuracy and completeness.
• Reconciliations: Assist in reconciling financial accounts and statements to ensure they align with company records.
• Financial Reporting: Assist in the preparation of basic financial reports, under the guidance of the senior accountant.
• Vendor and Supplier Management: Support the financial relationships with suppliers and subcontractors, helping to maintain accurate records and ensure timely payments.
• Expense Tracking: Monitor and track company expenses, ensuring they are properly recorded and allocated to the correct accounts and handling petty cash.
• Compliance Assistance: Assist in ensuring compliance with local regulatory authorities and industry-specific regulations and standards.
• Financial Software and Tools: Learn to use accounting software and financial tools to assist in financial processes.

To succeed in this role, you should have the following skills and experience: 

Job Title: Accountant

• Bachelor’s degree in accounting.
• 3-5 years of relevant accounting experience in the Joinery, Fit Out, or Contracting industry in the UAE.
• Strong knowledge of UAE accounting principles and regulations, particularly those specific to the construction and contracting sector.
• Proficiency in accounting software and Microsoft Office.
• Excellent analytical, organizational, and communication skills.
• Attention to detail and a commitment to accuracy.
• Ability to work independently and as part of a team.
• Professional certification (e.g., ACCA, CMA, or CA) is a plus.

Job Title: Assistant Accountant

• Bachelor’s degree in accounting, Finance, or a related field.
• 1-2 years of relevant accounting experience in the Joinery, Fit Out, or Contracting industry in the UAE.
• Basic knowledge of UAE accounting principles and regulations, with a willingness to learn industry-specific requirements.
• Strong attention to detail and accuracy.
• Excellent organizational and time management skills.
• Good communication skills and ability to work effectively in a team.

Benefits:

In return, we offer you a path towards your most rewarding career and an opportunity to be part of one of the leading family groups within the UAE. Additionally, we provide a competitive benefits package for all successful candidates.

Location: ICAD, Mussafah, Abu Dhabi, U.A.E.