Jr. Accountant

Job Purpose The Chief Accountant will lead and oversee the full accounting function of the company, ensuring accurate financial reporting, compliance with UAE statutory requirements (VAT, Corporate Tax, IFRS), and effective internal controls. The role requires strong expertise in real estate accounting including project costing, revenue recognition under IFRS 15, escrow account management (RERA/DLD), service charge accounting, and consolidated reporting across multiple entities and projects. Key ResponsibilitiesFinancial Accounting & Reporting • Oversee the full accounting cycle including general ledger, accounts payable, accounts receivable, fixed assets, and bank reconciliations. • Prepare monthly, quarterly, and annual financial statements in accordance with IFRS. • Ensure timely month-end and year-end closing processes within agreed deadlines. • Prepare consolidated financial statements for the group and its subsidiaries / SPVs. • Coordinate with external auditors for statutory audits and ensure timely completion. Real Estate Specific Accounting • Manage project accounting including cost capitalization, work-in-progress (WIP), and project profitability analysis. • Apply IFRS 15 revenue recognition for off-plan and ready property sales (point-in-time vs. over-time recognition). • Oversee escrow account reconciliations and reporting in compliance with RERA / Dubai Land Department (DLD) regulations. • Manage service charge accounting for owners' associations and managed properties. • Handle leasing accounting (IFRS 16) including straight-lining of rental income, deferred rent, and lease incentives. • Track and account for land bank, property under development, investment properties (IAS 40), and inventory of completed units. • Coordinate with project managers and engineers on cost-to-complete estimates and budget variance analysis. Taxation & Regulatory Compliance • Ensure full compliance with UAE VAT regulations, including timely and accurate fili