Chief Accountant
BAMX
Employer Active
Posted 4 hrs ago
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Experience
6 - 8 Years
Job Location
Education
Bachelor of Commerce(Commerce)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Responsibilities:
- 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.
Skills& Competencies:
- 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
Desired Candidate Profile
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.
Company Industry
Department / Functional Area
Keywords
- Chief Accountant
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