Senior Accountant Commercial finance - Real estate/construction industry exp required - 6 mn renewab

athGADLANG; United Arab Emirates; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading contracting firm in the United Arab Emirates is seeking a qualified Senior Accountant to evaluate contractor financial health, perform analysis, and support financial operations. The ideal candidate will have at least 5 years of experience in a similar role, preferably in the real estate sector, and hold a Chartered Accountant qualification. Strong analytical skills and proficiency in Oracle systems are essential. The role requires excellent attention to detail and communication skills.

Qualifications

• Minimum of 5 years in a senior accountant or similar role.
• Audit firm experience is preferable.
• Real estate industry experience.

Responsibilities

• Evaluate the financial health and position of contractors.
• Perform financial analysis including ratio and variance analysis.
• Assist in filling templates related to CAPEX and collection efforts.
• Ensure timely processing of payments and stakeholder reporting.
• Perform inventory and balance sheet reconciliations.

Skills

Strong analytical skills

Advanced Microsoft Excel skills

Knowledge of IFRS

Understanding of UAE VAT Law

Excellent communication skills

Education

Chartered Accountant qualified/ACCA

Tools

Oracle R12

Salesforce ERP systems

Job description

Overview

Contractor assessment: This includes liaising with the tendering/contracts team to obtain all necessary financial details of potential contractors for tendering and pre-qualification processes.

Responsibilities

• Assisting in evaluating and assessing the financial health and position of contractors to ensure they meet the company’s standards and requirements.
• Performing financial analysis, including ratio analysis and variance analysis of the financial information. Providing commentary and indications regarding the financial health of the contractors.
• Actualisation of BTS projects: Assisting in filling templates related to CAPEX and collections of projects. Ensuring standardization and accuracy in completing these templates and adhering to the agreed timelines for the actualization exercise.
• Commercial Settlement:
  • Ensuring the collection and processing of information from relevant teams, particularly in inter-company or related party transactions and project management fees
  • To understand and escalate issues with regards to payments or receipts. Providing business support to ensure that invoices are settled between parties on a timely basis.
  • Managing stakeholder relationships and updating the CFO reporting pack on a weekly basis as part of the reporting requirements.
• Inventory reconciliation (Land and BTS portfolio) during integration:
  • Inventory reconciliations: Assisting in the reconciliation and performing reconciliations of the company’s land bank and BTS portfolio.
  • Title deed verification
• Balance sheet reconciliation review during integration: Should have a thorough understanding of balance sheet reconciliations, including payables, receivables, intercompany transactions, revenue, and unbilled accounts, ensuring accuracy and timely resolution of discrepancies.

Other skills expected

• Strong analytical and technical skills.
• Adept knowledge of IFRS, Statutory Reporting, UAE VAT Law, UAE Companies Law.
• Advanced Microsoft Excel skills
• Able to handle frequent internal/external contacts.
• Ability to work in fast-paced environment with multiple deadlines.
• Strong team orientation, strong analytical skills, attention to detail, excellent communication and presentation skills.

Qualifications

• Chartered Accountant qualified/ACCA is a must
• Advanced Microsoft Excel skills, financial modelling

Experience

• At least 5 years in a senior accountant or similar role.
• Audit firm experience is preferable
• Real estate industry experience.
• Proficiency in Oracle R12/Oracle Fusion and Salesforce ERP systems.