The role of an accountant is critical in any organization, and when it comes to construction, real estate, or hospitality industries, the position becomes even more vital. For professionals seeking an opportunity to apply their expertise in a dynamic environment, the Accountant position at Kooheji Contractors W.L.L in Manama, Bahrain, offers a challenging yet rewarding career path. With responsibilities that span managing financial records, reporting, and overseeing project budgets, this job calls for a highly skilled individual to ensure the company’s financial health and compliance. Let’s take a deeper dive into what makes this job unique and how it aligns with your career growth.
Job Overview and Key Responsibilities
As an accountant at Kooheji Contractors, your primary task will be to support the financial operations of high-value property developments and projects across Bahrain and other regions. The job demands a high level of precision, attention to detail, and a thorough understanding of accounting principles in the construction industry. Your daily duties will involve maintaining accurate financial records, managing accounts payable and receivable, and preparing financial reports. You’ll also track project costs and support budget planning to ensure that the construction projects remain financially viable. The scope of responsibilities is diverse, and the work environment requires someone who can multitask and prioritize effectively.
Skills and Qualifications for the Role
To be successful in this role, certain skills and qualifications are non-negotiable. First, candidates must have at least a Bachelor’s degree in Accounting, Finance, or a related field, paired with a minimum of 6 years of accounting experience, preferably within the construction, real estate, or hospitality sectors. A solid understanding of Bahrain VAT and financial regulations is essential, along with proficiency in accounting software like QuickBooks, Tally, or ERP systems. Since the role involves frequent communication with different teams and external stakeholders, strong communication skills in English are required. Knowledge of Arabic would be an added bonus, providing an edge in this multi-national work environment.
Desired Candidate Profile
The ideal candidate will also possess advanced Excel skills and the ability to analyze financial data in depth. The capacity to work under pressure, meet deadlines, and ensure compliance with regulatory standards is crucial. As you work with various project managers, procurement teams, and auditors, you should be able to coordinate effectively and resolve issues in a timely manner. If you’re currently pursuing certifications like CPA, CMA, or any other equivalent qualification, it would be a great advantage, demonstrating your commitment to professional development.
Key Responsibilities in Detail
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Maintain Accurate Financial Records: Your primary role will be to ensure that all financial records and general ledger entries are in compliance with the company’s policies and regulations. You’ll need to manage multiple financial statements and ensure they accurately reflect the company’s financial status.
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Manage Accounts Payable and Receivable: You’ll be in charge of overseeing the company’s accounts payable and receivable, including paying suppliers, invoicing clients, and ensuring that all transactions are accurately recorded. Timely payments and invoicing are critical for maintaining strong relationships with clients and vendors.
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Prepare Financial Reports: You’ll generate monthly, quarterly, and annual financial reports to keep the management and external stakeholders informed about the company’s financial standing. These reports are crucial for making informed decisions and ensuring that the business remains on track financially.
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Track Project Costs: In the construction and real estate sectors, it’s essential to have accurate data on project costs. You’ll be tasked with tracking costs, supporting job costing efforts, and ensuring that projects stay within budget.
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VAT Returns and Tax Compliance: Ensuring compliance with Bahrain’s VAT laws is another critical part of your job. You will assist in preparing and submitting VAT returns to meet legal requirements and avoid any penalties for non-compliance.
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Closing Processes: Both monthly and year-end closing processes are part of your responsibilities. These are critical to ensure the company’s financial statements are complete and accurate, providing stakeholders with an up-to-date picture of the financial position.
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Coordinate with Other Teams: Collaboration with project managers, procurement teams, and site teams is essential for ensuring that cost tracking is accurate and timely. You’ll also work closely with the bank, auditors, and regulatory bodies as needed.
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Internal Controls and Process Improvement: Your role will also include contributing to the development and improvement of internal controls, accounting systems, and overall process efficiencies. By doing so, you’ll help streamline operations and reduce the risk of errors or fraud.
Why Choose Kooheji Contractors?
Kooheji Contractors is a leading construction and civil engineering company based in Bahrain. It has a strong presence in the GCC and is involved in large-scale property developments. This offers you the unique opportunity to work on high-value construction projects and make a significant impact on their financial success. Additionally, the company values its employees and offers a full-time role with the opportunity for growth within the organization.
The Work Environment and Culture
At Kooheji Contractors, you’ll be part of a fast-paced and challenging work environment. The company prides itself on fostering a culture of collaboration, respect, and professional development. It’s a place where your contributions will be valued, and your expertise will help shape the financial strategy of major construction projects.
What Does the Role Offer?
Working as an accountant for Kooheji Contractors provides you with a wealth of experience in the construction and real estate sectors. The job allows you to work with professionals from various disciplines, ensuring that you gain valuable insights into the financial operations of large-scale projects. Moreover, the role offers a chance to enhance your skills in areas like financial analysis, budgeting, and tax compliance, which are highly transferable to other industries.
How to Apply for the Role
If you are ready to take the next step in your accounting career, apply for the Accountant position at Kooheji Contractors W.L.L. today. The company is looking for an experienced and motivated individual who can contribute to the success of its financial operations. With competitive pay and benefits, this is an excellent opportunity for those looking to grow their careers in a thriving industry.
Conclusion
The role of an Accountant at Kooheji Contractors W.L.L. offers a unique opportunity to work with a leading company in the construction and real estate sector. With responsibilities ranging from financial record-keeping to project cost management and VAT compliance, this role provides a comprehensive experience in the field. If you have the necessary qualifications, skills, and experience, this could be the perfect opportunity for you to advance your career in Bahrain’s thriving construction industry.
FAQs
1. What qualifications are required for the Accountant position at Kooheji Contractors?
To apply for the accountant role, candidates must have at least a Bachelor’s degree in Accounting, Finance, or a related field, along with a minimum of 6 years of experience in accounting, preferably within construction or real estate sectors.
2. Is knowledge of Bahrain VAT important for this role?
Yes, a strong understanding of Bahrain VAT and financial regulations is essential, as you’ll be responsible for ensuring tax compliance and assisting with VAT returns.
3. Do I need to speak Arabic for this position?
While proficiency in Arabic is not mandatory, it can be beneficial. However, strong communication skills in English are essential.
4. What software skills are required for the role?
You must be proficient in accounting software such as QuickBooks, Tally, or ERP systems. Additionally, advanced Excel skills are a must for financial analysis.
5. How can I apply for the Accountant position at Kooheji Contractors?
To apply, visit the company’s careers page and submit your resume along with any necessary documentation. Ensure that your qualifications align with the role’s requirements.
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