Chief Accountant

Bamx Group; Dubai; On-site; AED 279,000 - 390,600; Full time

Job summary

A leading real estate development firm in Dubai is seeking a Finance Manager to oversee day-to-day accounting operations and ensure adherence to IFRS and RERA standards. The ideal candidate will have a Bachelor's degree in Finance or Accounting, relevant certifications, and at least 6 years of experience in finance, including 3 years in real estate development. This role involves preparing financial statements, managing budgets, and leading a high-performance finance team.

Qualifications

• 6+ years of experience in finance, with at least 3 years in real estate development.
• Relevant Real Estate industry finance experience in UAE for a minimum of 2 years.
• Excellent past experience and exposure to relevant ERP & CRM systems.

Responsibilities

• Oversee day-to-day accounting operations, including AP, AR, GL, and bank reconciliations.
• Prepare monthly, quarterly, and annual financial statements in compliance with IFRS.
• Manage the monthly and annual closing process with full accuracy and completeness.

Skills

Leadership

Analytical skills

Communication skills

Experience with IRFS and RERA

Budgeting

Taxation

Project costing

Financial analysis

Education

Bachelor's degree in Finance or Accounting

Master's in Finance / Business

Professional certification (CPA/ACCA/CMA)

Tools

ERP systems like Odoo

CRM systems

Job description

Oversee day-to-day accounting operations, including AP, AR, GL, and bank reconciliations.

• Supervise the accounting team and ensure adherence to IFRS and RERA accounting standards. Prepare monthly, quarterly, and annual financial statements in compliance with IFRS.
• Prepare annual budgets, forecasts, and variance analysis for management review.
• Oversee all taxation matters including VAT, Corporate Tax, and Withholding Tax for all group entities.
• Ensure accurate intercompany transactions and group-level consolidation.
• Review and verify project-level financial statements, cost allocations, and Escrow reports.
• Manage the monthly and annual closing process with full accuracy and completeness. Prepare management reports, project profitability & other analysis, and cash flow forecasts.
• Maintain project-wise costing, revenue recognition, and cash flow forecasting.
• Track construction costs, consultant fees, contractor payments, and project budgets.
• Support feasibility studies and financial modelling for new projects.
• Manage escrow accounts as per Dubai Land Department (DLD) and RERA guidelines. Prepare escrow reports, reconcile statements, and coordinate with escrow agents.
• Oversee accounting system operations (ERP systems like Odoo, etc.). Drive automation and optimization of accounting processes. Ensure data accuracy, timely entries, and secure financial records.

Qualifications & Experience

Bachelor’s degree in Finance, Accounting.

• Masters in Finance / Business
• Professional certification (CPA/ACCA/CMA) is highly desirable
• 6+ years of experience in finance, with at least 3 years in real estate development.
• Relevant Real Estate industry finance experience in UAE for minimum 2 years
• Other industry Finance related experience in managing large corporate finance functions is highly desirable.
• Excellent leadership, analytical, and communication skills.
• Strong experience with Real estate finance workflows, budgeting and Taxation.
• Excellent past experience and exposure to relevant ERP & CRM systems
• Ability to Build, lead, and develop a high-performance finance organization.
• Strong in Accounting, Book Keeping, Reporting, Audit compliance.
• Effective time management and organizational abilities.
• Excellent past experience and exposure to relevant ERP & CRM systems