Chief Accountant

Dubai, United Arab Emirates

Job Description

:Financial Management:
  • Oversee the day-to-day accounting operations, including accounts payable, accounts receivable, general ledger, and payroll.
  • Ensure accurate financial record-keeping and reporting in compliance with local and international accounting standards (e.g., IFRS).
  • Prepare monthly, quarterly, and annual financial statements and reports, ensuring accuracy and timely submission to senior management.
  • Manage the companyxe2x80x99s cash flow, overseeing accounts, transactions, and forecasting future financial needs.
Budgeting & Forecasting:
  • Lead the budgeting process, working closely with department heads to ensure alignment with the companyxe2x80x99s financial goals.
  • Develop and monitor financial forecasts, providing insights into potential risks and opportunities for financial optimization.
Cost Control & Profitability Analysis:
  • Analyse cost structures related to building materials, procurement, and inventory management to identify opportunities for cost reduction and efficiency improvement.
  • Ensure proper cost accounting for building materials projects, including inventory valuation and project cost tracking.
Compliance & Internal Controls:
  • Ensure compliance with tax laws, local regulations, and international financial reporting standards.
  • Oversee internal controls and financial policies, ensuring adherence to company procedures and mitigating financial risks.
Team Leadership & Development:
  • Supervise and mentor the accounting team, providing training and support to enhance team performance and professional development.
Financial Reporting & Analysis:
  • Provide detailed financial analysis to senior management, offering insights into financial performance, trends, and forecasts.
  • Prepare customized financial reports for key stakeholders and department heads, offering actionable recommendations to improve financial outcomes.
Inventory & Project Accounting:
  • Ensure accurate accounting for building materials inventory, including periodic stock takes and reconciliation of physical counts with financial records.
Taxation & Financial Planning:
  • Ensure accurate preparation and timely filing of tax returns, including VAT, corporate tax, and any other local taxes.
  • Support long-term financial planning and business strategy development by providing financial insights and recommendations.
Requirements * Education: Bachelorxe2x80x99s degree in Accounting, Finance, or related field (CPA, ACCA, or equivalent professional qualification is a plus).
  • Experience: Minimum of 7-10 years of experience in accounting or finance, with at least 3-5 years in a managerial role within the building materials or construction industry.
  • Industry Knowledge: Strong understanding of accounting principles, cost accounting, and financial analysis specific to the building materials or construction sectors.
  • Excellent knowledge of accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks).
  • Strong proficiency in Microsoft Excel and financial modelling.
  • In-depth understanding of VAT, tax compliance, and international financial reporting standards (IFRS).
  • Ability to lead, mentor, and develop a high-performing team.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong attention to detail and ability to work under pressure and meet deadlines.

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Job Detail

  • Job Id
    JD1787584
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned