Job Description

Roles & Responsibilities

Chief Accountant

Chief accountant

Key responsibilities

• Preparation of the group‑wide consolidation of financial statements, ensuring full compliance with IFRS and real estate–specific reporting requirements.

• Review and reconcile intercompany transactions, project‑level allocations, and eliminations as part of the consolidation process.

• Conduct detailed variance analysis on consolidated and project‑level financial statements, highlighting trends, risks, and development‑cycle insights.

• Assisting and coordinating the day to day operations of the subsidiaries and the projects SPV.

• Support feasibility assessments by providing financial inputs for IRR, NPV, cash flow projections, and scenario analysis for new and ongoing developments.

• Coordinate with project management, commercial, and development teams to ensure alignment be-tween financial forecasts and project progress.

• Monitor escrow accounts, RERA related compliance / ADGM compliances and ensure proper accounting treatment for off plan sales, milestone based revenue, and cost to complete calculations.

• Ensure the bank borrowings and the project related borrowing with regards to the term sheet.

• Perform variance analysis comparing actuals to budget, highlighting deviations related to construction progress, sales performance, and financing costs.

• Respond to audit queries and ensure timely closure of audit findings.

Desired Candidate Profile

Qualifications & Skills:

• Education: Bachelor’s degree in accounting, Finance, or a related field (CA, CPA, ACCA, or CMA is a plus).

• Experience: 5+ years of experience in real estate development

• Technical Skills: Proficiency in Microsoft Excel Oracle etc.

• Strong knowledge of IFRS and financial reporting standards.