Senior Accountant - Cost Control (UAEN) - DHCM

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

Job summary

A leading community management firm in the UAE is seeking a Senior Accountant-Cost Control. In this role, you will develop and implement cost control systems for various communities, ensuring financial discipline and cost efficiencies. A key part of your responsibility involves analyzing expenditures, providing financial insights, and preparing reports. The successful candidate will have 3-5 years of experience in cost accounting and a strong grasp of IFRS regulations. Competitive compensation and benefits are offered.

Benefits

Competitive compensation

Career development opportunities

Collaborative work environment

Qualifications

• Minimum of 3-5 years of experience in cost accounting or financial analysis.
• Strong focus on cost control, preferably within real estate or community management.
• Excellent analytical and problem-solving skills.

Responsibilities

• Develop and maintain cost control policies aligned with financial objectives.
• Monitor and analyze costs against budgets across operational activities.
• Prepare regular cost reports and dashboards for stakeholders.

Skills

Analytical skills

Communication skills

Proficiency in Excel

Cost control knowledge

Knowledge of IFRS

Education

Bachelor's degree in Accounting or Finance

Professional accounting qualification (e.g., CPA, ACCA)

Tools

SAP

Oracle

Microsoft Dynamics

Power BI

Tableau

Job description

About Dubai Holding Community Management

DubaiHoldingCommunityManagement(DHCM)isapremiumcommunitymanagementservicesproviderundertheumbrellaofDubaiHolding.Establishedin2021,DHCMhasquicklybecomealeaderintheindustry,offeringexceptionalservicestomaintainandenhanceresidentialcommunitiesanddistrictsacrossDubai.

AtDHCM,webelieveincreatingsustainableandvibrantcommunitiesthatofferasenseofbelongingtoresidents.Ourteamofexpertsprovidesvariousservices,includingcommunityanddistrictmanagement,technicalmanagement,andfinancialmanagement.

Ourcommunityanddistrictmanagementservicesensurethateachcommunityiswell-maintained,secure,andoperatesefficiently.Wemanagecommonareas,enforcecommunityrulesandregulations,coordinatewithlocalauthorities,andrespondtoresidents'concernspromptlyandeffectively

Weproudlymanageaportfolioofprestigiouscommunities,includingBluewaters,CityWalk,PortdeLaMer,BvlgariResidences,JumeirahBeachResidence(JBR),andBusinessBayExecutiveTowers,amongothers.Additionally,wemanageiconicdistricts,includingBusinessBay,DubaiLandResidences,JaddafWaterfront,DubaiMediaCity,DubaiInternetCity,DubaiStudioCity,DubaiHarbour,andmore.

About the Role

TheSeniorAccountant-CostControlisresponsiblefordeveloping,implementing,andmaintainingrobustcostcontrolsystemsandproceduresforDHCM'sdiverseportfolioofcommunitiesandproperties.Thisroleplaysacriticalpartinensuringfinancialdiscipline,identifyingcostefficiencies,andprovidingaccurateandtimelycostanalysistosupportstrategicdecision-makingwithinthebudgetingandreportingframework.TheSeniorAccountantwillworkcloselywithvariousoperationaldepartmentstomonitorexpenditures,analyzevariances,anddrivecost-savinginitiatives.

The main duties and responsibilities of this role

1.CostControlandAnalysis:

• Develop,implement,andmaintaincomprehensivecostcontrolpoliciesandproceduresinalignmentwithDHCM'sfinancialobjectivesandindustrybestpractices.
• Monitorandanalyzeactualcostsagainstbudgetsandforecastsacrossalloperationalactivities(e.g.,facilitiesmanagement,security,landscaping,utilities,communityevents,andadministrativecosts).
• Identifysignificantcostvariances,investigatetheirrootcauses,andprovidedetailedexplanationsandactionablerecommendationstomanagement.
• Prepareandpresentregularcostreports,dashboards,andfinancialsummariestotheAssociateDirector-Budgeting&Reportingandotherrelevantstakeholders.
• Conductin-depthcostanalysisforspecificprojects,initiatives,ordepartmentstoidentifyareasforoptimizationandpotentialsavings.
• Developandmaintaincostallocationmethodologiesforsharedservicesandcommonexpensesacrossvariouscommunities.
• Participateinthedevelopmentofcostbenchmarksandkeyperformanceindicators(KPIs)tomeasurecostefficiency.

2.BudgetingandForecastingSupport:

• CollaboratewiththeAssociateDirector-Budgeting&Reportingandoperationalteamstodevelopaccurateandrealisticoperationalbudgets,focusingoncostcomponents.
• Providehistoricalcostdataandtrendstoinformfuturebudgetassumptions.
• Assistindevelopingcost-savingtargetsandincorporatingthemintotheannualbudgetandperiodicforecasts.
• Supporttheforecastingprocessbyanalyzingexpenditurepatternsandpredictingfuturecostbehaviors.

3.FinancialReporting&Compliance:

• Ensureadherencetorelevantaccountingstandards(e.g.,IFRS)andinternalfinancialpoliciesforcostrecognitionandreporting.
• Preparejournalentriesandreconciliationsrelatedtocostaccounts.
• Assistinthepreparationofmonth-endandyear-endclosingactivitiesrelatedtocostofoperations.
• Supportinternalandexternalauditsbyprovidingnecessarydocumentationandexplanationsrelatedtocostcontrol.

4.StakeholderCollaboration&Advisory:

• Partnerwithoperationalmanagers(e.g.,CommunityManagers,FacilitiesManagers)tounderstandtheircostdriversandprovidefinancialinsightsandguidance.
• Facilitatecostawarenessandownershipacrossdifferentdepartments.
• Proactivelyidentifyopportunitiesforprocessimprovementsandefficiencygainswithincost-relatedoperations.
• Developanddelivertrainingsessionsoncostcontrolbestpracticesforrelevantteams.

5.SystemandProcessImprovement:

• Contributetothecontinuousimprovementoffinancialsystemsandprocessesrelatedtocosttracking,reporting,andanalysis.
• Evaluateandrecommendnewtechnologiesortoolstoenhancecostcontrolcapabilities.
• AssistintheimplementationandoptimizationofERPmodulesrelatedtocostaccounting.

About you

• Education: Bachelor'sdegreeinAccounting,Finance,orarelatedfield.Professionalaccountingqualification(e.g.,CPA,ACCA,CIMA)ishighlypreferred.
• Experience: Minimumof3-5yearsofprogressiveexperienceincostaccountingorfinancialanalysis,withastrongfocusoncostcontrol,preferablywithinrealestate,communitymanagement,oraservice-orientedindustry.
• TechnicalSkills:
• StrongproficiencyinaccountingsoftwareandERPsystems(e.g.,SAP,Oracle,MicrosoftDynamics).
• AdvancedMicrosoftExcelskills(financialmodeling,pivottables,VLOOKUPs,etc.).
• Experiencewithdatavisualizationtools(e.g.,PowerBI,Tableau)isaplus.
• Solidunderstandingoffinancialstatements,budgeting,andforecastingprinciples.
• KnowledgeofIFRS.
• SoftSkills:
• Excellentanalyticalandproblem-solvingskillswithakeeneyefordetail.
• Strongcommunicationandinterpersonalskills,withtheabilitytoeffectivelycollaboratewithdiversestakeholders.
• Proactive,self-motivated,andabletoworkindependentlyaswellaspartofateam.
• Abilitytomanagemultipleprioritiesandmeetdeadlinesinafast-pacedenvironment.
• Strongethicalconductandcommitmenttoconfidentiality.

About Benefits

AtDubaiHolding,we'recommittedtonurturingthesuccessandwell-beingofourcolleagues.Joinourdynamicanddiverseteam,andenjoyacomprehensivebenefitspackagethatincludescompetitivecompensation,careerdevelopmentopportunities,andacollaborativeworkenvironment.WestronglybelieveincreatinganempoweredInternalworkforcethatwillhelpusbuildaconnectedcityfortomorrow.WearecommittedtoattractingthebrightestmindsandnurturingthemostpioneeringcandidateswhodesiretomakeagreatimpactonthefutureofDubai.