Chief Accountant

2 weeks ago


Dubai, Dubai, United Arab Emirates Careers International Full time

Financial Management:

  • Oversee the day-to-day accounting operations including accounts payable, accounts receivable, general ledger, and payroll.
  • Ensure accurate financial recordkeeping 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 company's 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 company's 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: Bachelor's 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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