Senior Accountant - Financial Reporting - Dubai Holding Group Services
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Key skills for this role
About the Role
Dubai Holding Group Services is seeking a Senior Accountant for Financial Reporting to manage POC accounting, IFRS compliance, and financial statements for real estate projects. The role requires 8+ years of experience, strong expertise in POC and IFRS, and ERP proficiency.
Key Skills for This Role
Responsibilities
- Manage and implement the Percentage of Completion (POC) method for revenue recognition on real estate projects, ensuring compliance with IFRS 15
- Prepare monthly, quarterly, and annual financial statements in line with IFRS standards, and assist in audits by liaising with external auditors
- Maintain accurate accounting records for ongoing and completed real estate projects, track project budgets, costs, and profitability, and analyze variances
- Oversee general ledger accounting, journal entries, accruals, and reconciliations, ensuring timely month end and year end closing
- Prepare management reports, dashboards, and financial analysis while working closely with project managers, finance teams, and senior management
Requirements
- Master's degree in Accounting, Finance, or a related field (CA/ACCA/CPA preferred)
- Minimum 8+ years of experience, with significant exposure to the real estate or construction industry
- Strong expertise in POC accounting and IFRS standards
- Proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems) and advanced Excel skills
- Experience working in the UAE or GCC real estate sector, with familiarity with VAT regulations in the UAE
- Experience in handling large scale real estate development projects
- Strong analytical and problem solving abilities with excellent communication and stakeholder management skills
- Demonstrated competencies in financial analysis & reporting, compliance & governance, time management, and team leadership
Full Job Posting
About Dubai Holding Group Services
- Group Services is Dubai Holding's shared business services arm that provides consolidated business solutions in procurement, finance and human capital across the Group.
- Group Services Finance manages financial transactions, budgeting, and reporting to ensure strong fiscal health and cash flow.
About the Job
- Manage and implement the Percentage of Completion (POC) method for revenue recognition on real estate projects, ensuring compliance with IFRS 15 – Revenue from Contracts with Customers, while monitoring project costs, progress, and revenue allocation in coordination with project teams.
- Prepare monthly, quarterly, and annual financial statements in line with IFRS standards, and assist in audits by liaising with external auditors.
- Maintain accurate accounting records for ongoing and completed real estate projects, track project budgets, costs, and profitability, and analyze variances between actual vs. budgeted costs.
- Oversee general ledger accounting, journal entries, accruals, and reconciliations, ensuring timely month end and year end closing with validated accounting entries.
- Prepare management reports, dashboards, and financial analysis while working closely with project managers, finance teams, and senior management.
About You
- Master's degree in Accounting, Finance, or a related field (CA/ACCA/CPA preferred).
- Minimum 8+ years of experience, with significant exposure to the real estate or construction industry.
- Strong expertise in POC accounting and IFRS standards.
- Proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems) and advanced Excel skills.
- Experience working in the UAE or GCC real estate sector, with familiarity with VAT regulations in the UAE.
- Experience in handling large scale real estate development projects.
- Strong analytical and problem solving abilities with excellent communication and stakeholder management skills.
- Demonstrated competencies in financial analysis & reporting, compliance & governance, time management, and team leadership.
About the Benefits
- At Dubai Holding, we're committed to nurturing the success and well being of our colleagues.
- Enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment.
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