Chief Accountant
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Key skills for this role
About the Role
Waves Investment and Properties LLC seeks an experienced Chief Accountant to lead the accounting function, ensuring accurate financial reporting, VAT compliance, and internal controls.
Key Skills for This Role
Responsibilities
- Oversee the integrity and accuracy of the general ledger and ensure proper classification of transactions
- Lead month end, quarter end, and year end closing processes; ensure timely and accurate financial statements
- Prepare management reports, reconciliations, and analytical schedules to support decision making
- Ensure adherence to accounting standards and company accounting policies
- Oversee invoice processing, approvals, and vendor payments in accordance with the delegated authority matrix
- Ensure timely and accurate billing/invoicing, receipt allocation, and monitoring of receivables aging
- Support collections and ensure prompt resolution of vendor/customer account discrepancies
- Review and approve bank reconciliations; ensure timely resolution of reconciling items
- Support cash flow planning, payment prioritization, and treasury related reporting
- Maintain controls over petty cash and cash handling procedures
- Ensure correct VAT treatment for invoices and expenses in line with UAE regulations
- Prepare/review VAT returns, supporting schedules, and documentation; ensure timely submission and payment
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field
- 6–10 years of progressive accounting experience, including supervision/leadership responsibilities
- UAE experience is strongly preferred; experience in real estate/property management, construction, or investments is an advantage
- Strong understanding and hands on experience with UAE VAT compliance
- Professional certification (ACCA / CPA / CA / CMA or equivalent) preferred
- Strong knowledge of accounting principles, financial reporting, and month end closing processes
- Proficiency in MS Excel and accounting/ERP systems (e.g., SAP, Oracle, Dynamics, Tally, Zoho)
- Solid understanding of UAE VAT requirements and documentation standards
- Excellent attention to detail, organization, and problem solving skills
- Ability to work under pressure and meet deadlines
- Strong communication and stakeholder management skills
- High integrity and ability to maintain confidentiality
Full Job Posting
Job Summary
- Waves Investment and Properties LLC is seeking an experienced Chief Accountant to lead the day to day accounting function and ensure accurate financial reporting across the company’s investment and property related operations.
- The role is responsible for maintaining the integrity of the general ledger, overseeing AP/AR and bank reconciliations, managing month end and year end closing, ensuring UAE VAT compliance, and supporting external audits.
- The Chief Accountant will also support process improvements and strengthen internal controls within the finance function.
Key Responsibilities
- Oversee the integrity and accuracy of the general ledger and ensure proper classification of transactions.
- Lead month end, quarter end, and year end closing processes; ensure timely and accurate financial statements.
- Prepare management reports, reconciliations, and analytical schedules to support decision making.
- Ensure adherence to accounting standards and company accounting policies.
- Oversee invoice processing, approvals, and vendor payments in accordance with the delegated authority matrix.
- Ensure timely and accurate billing/invoicing, receipt allocation, and monitoring of receivables aging.
- Support collections and ensure prompt resolution of vendor/customer account discrepancies.
- Review and approve bank reconciliations; ensure timely resolution of reconciling items.
- Support cash flow planning, payment prioritization, and treasury related reporting.
- Maintain controls over petty cash and cash handling procedures.
- Ensure correct VAT treatment for invoices and expenses in line with UAE regulations.
- Prepare/review VAT returns, supporting schedules, and documentation; ensure timely submission and payment.
Qualifications & Experience
- Bachelor’s degree in accounting, Finance, or a related field.
- 6–10 years of progressive accounting experience, including supervision/leadership responsibilities.
- UAE experience is strongly preferred; experience in real estate/property management, construction, or investments is an advantage.
- Strong understanding and hands on experience with UAE VAT compliance.
- Professional certifications (ACCA / CPA / CA / CMA or equivalent) preferred.
Skills & Competencies
- Strong knowledge of accounting principles, financial reporting, and month end closing processes.
- Proficiency in MS Excel and accounting/ERP systems (e.g., SAP, Oracle, Dynamics, Tally, Zoho).
- Solid understanding of UAE VAT requirements and documentation standards.
- Excellent attention to detail, organization, and problem solving skills.
- Ability to work under pressure and meet deadlines, especially during closing and audit periods.
- Strong communication and stakeholder management skills.
- High integrity and ability to maintain confidentiality.
Key Performance Indicators (KPIs)
- Accuracy and timeliness of monthly financial closing and reporting
- Quality and completeness of reconciliations and supporting schedules
- VAT compliance accuracy and on time filing
- Reduction in outstanding reconciling items and audit findings
- Team performance, task turnaround time, and stakeholder feedback
Working Conditions
- Office based role in Dubai with potential occasional visits to company sites/properties as required.
- May require additional hours during month end, year end, and audit periods.
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