Chief Accounting Officer
Chief Accounting Officer
Confidential Career Solutions- Posted 2 hours ago
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Job Description
We are seeking an experienced Chief Accountant to join our finance team at a leading road contracting and infrastructure group in the UAE.
The successful candidate will report directly to the CFO and lead a finance team of approximately 40 professionals across multiple companies within the Group.
Key Responsibilities
- Manage and oversee the complete accounting function across multiple entities within the Group.
- Lead month-end and year-end closing activities and ensure timely preparation of financial statements and management reports.
- Oversee General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Payroll, Treasury, and Cash Flow Management.
- Ensure accurate accounting of contracting and infrastructure projects, including:
- Job Costing
- Work-in-Progress (WIP) Reporting
- Contract Revenue Recognition
- Retention Accounting
- Cost Control and Project Profitability Analysis
- Coordinate with project teams, procurement, estimation, and operations departments to ensure proper financial control of projects.
- Manage budgeting, forecasting, and financial performance monitoring.
- Ensure compliance with IFRS, UAE VAT regulations, company policies, and statutory requirements.
- Coordinate with external auditors, banks, and regulatory authorities.
- Strengthen internal controls and improve accounting processes and reporting systems.
- Supervise, mentor, and develop the accounting and finance team.
Requirements
- Bachelor's Degree in Accounting, Finance, or related field.
- Professional qualification (ACCA, CPA, CMA, CA) is an advantage.
- Minimum 10 years of accounting experience, including at least 5 years in a senior accounting position within a contracting, construction, infrastructure, or project-based organization.
- Strong knowledge of project accounting, job costing, WIP reporting, retention accounting, and contract accounting.
- Experience managing accounting operations for multiple companies and large-scale projects.
- Advanced ERP experience (SAP, Oracle, Microsoft Dynamics/Navision, or equivalent).
- Strong leadership, analytical, and communication skills.
Preferred Industry Experience
Road Contracting, Infrastructure, Civil Construction, Utilities, Manufacturing, Industrial Projects, or EPC Contracting.
More Info
Key Skills
Financial Performance Monitoring
Retention Accounting
UAE VAT regulations
WIP Reporting
Contract Accounting
