Job Description

We are seeking a qualified and experienced Chief Accountant to lead and oversee the financial operations of our construction projects in the UAE. The ideal candidate will have in-depth knowledge of construction accounting practices, local regulations, and strong leadership capabilities to manage a team and support project and corporate finance goals.

Key Responsibilities:

Oversee daily accounting operations, including general ledger, accounts payable/receivable, payroll, and bank reconciliations. Prepare and review monthly, quarterly, and annual financial statements in compliance with IFRS and local regulations. Generate project-wise cost reports, forecasts, and cash flow analysis to support project managers and senior management. Develop and monitor project and company-wide budgets. Analyze variances between actual and budgeted expenditures, identifying and addressing cost overruns. Support procurement and operations teams in cost estimation and financial planning. Maintain accurate project accounting, including job costing, WIP reports, and retention tracking. Coordinate with site teams to verify progress payments, subcontractor invoices, and material costs. Ensure timely billing and collections related to project milestones and contractual terms. Ensure compliance with UAE VAT laws, corporate tax regulations, and financial standards. Coordinate internal and external audits, and ensure proper documentation and reporting. Monitor and manage company's banking, insurance, and financial obligations. Supervise and guide the accounting team, ensuring accurate and timely performance of tasks. Provide training, mentorship, and performance evaluation for junior accountants. Collaborate with HR, Procurement, and Project departments for financial coordination.

Qualifications & Requirements:

Bachelor's degree in Accounting, Finance, or related field (CPA, CA, or ACCA preferred). Minimum 8-10 years of experience in accounting, with at least 5 years in the UAE construction industry. Strong knowledge of construction accounting practices, project-based cost tracking, and contract payment terms. Proficient in ERP systems (e.g., Oracle, SAP, or similar) and MS Excel. Thorough understanding of UAE VAT, WPS, and labor cost accounting. Excellent communication, leadership, and analytical skills.
Job Type: Full-time