Chief Accountant - Real Estate Developer

Who We Are

Founded in 1978, Al Marwan Group is a diversified organization serving the construction, heavy machinery, Oil & Gas, real estate, development, and hospitality sectors across the GCC. The Group operates through multiple business units and subsidiaries, delivering integrated solutions supported by strong operational expertise and a well-established regional presence.

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Job summary

Seeking an experienced and highly competent Chief Accountant to oversee the accounting and financial reporting functions of Real Estate Division.

The ideal candidate must have strong hands-on experience in UAE real estate developer companies , with proven expertise in property leasing accounting, financial reporting, general ledger management, financial closing, budgeting, and internal controls.

The role requires an accounting professional capable of independently managing end-to-end accounting operations, supervising accounting teams, and ensuring accurate financial reporting across multiple properties and entities.

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Key responsibilities

- Oversee daily accounting operations, including General Ledger, Accounts Payable, Accounts Receivable, journal entries, and reconciliations.
- Manage monthly, quarterly, and annual closing processes, ensuring accurate and timely financial reporting.
- Prepare and review financial statements, including P&L, Balance Sheets, Cash Flow Statements, and property-level financial reports.
- Manage real estate and property leasing accounting , including rental income, tenant ledgers, service charges, security deposits, and outstanding receivables.
- Ensure accurate accounting of lease transactions, property operating expenses, CAPEX, acquisitions, and disposals.
- Monitor intercompany transactions, bank reconciliations, and balance sheet accounts across multiple entities.
- Prepare annual budgets, cash-flow forecasts, budget-versus-actual reports, and financial variance analysis.
- Ensure compliance with IFRS, UAE VAT, Corporate Tax regulations , and internal financial policies.
- Coordinate with external auditors, prepare audit schedules, and ensure timely resolution of audit observations.
- Supervise junior accountants, review accounting activities, and strengthen internal controls and reporting processes.

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Candidate Requirements:

- Bachelor's degree in Accounting, Finance, Commerce, or a related discipline .
- Minimum 10 years of progressive accounting and finance experience within real estate development companies in the UAE.
- Proven expertise in real estate accounting, property leasing, rental income recognition, and tenant reconciliations .
- Strong experience in end-to-end accounting, financial statement preparation, GL management, and month-end/year-end closing.
- Sound knowledge of IFRS,and financial reporting standards .
- Experience handling multiple properties, intercompany transactions, and consolidated financial reporting.
- Demonstrated ability to supervise accounting teams and independently manage finance operations.
- Proficiency in ERP accounting systems and advanced Microsoft Excel , including PivotTables, XLOOKUP/VLOOKUP, and SUMIFS.
- Professional qualifications such as ACCA, CPA, CMA, or equivalent will be an added advantage.
- Strong analytical, organizational, leadership, and problem-solving skills