Chief Accountant

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 Financial Accounting & Reporting · 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. Accounts Payable & Accounts Receivable Oversight · 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. Banking, Treasury & Cash Flow · 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. UAE VAT & Compliance · 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. · Maintain VAT records for audit readiness and respond to tax-related queries as needed. Property & Investment Accounting (as applicable) · Oversee accounting for rental income, service charges, maintenance costs, and capital expenditure. · Maintain fixed asset register, capitalization policies, and depreciation schedules. · Support investment-related accounting entries, schedules, and reconciliations. Audit & Internal Controls · Coordinate with external auditors and prepare audit schedules, confirmations, and supporting documentation. · Support implementation of internal controls and assist with internal audit requests and findings resolution. · Identify process improvement opportunities and implement accounting best practices to increase efficiency and accuracy. Team Leadership & Collaboration · Supervise and mentor accounting team members; allocate tasks and ensure consistent quality of outputs. · Coordinate with operations, procurement, property management, and other stakeholders for accurate financial processing. · Support system improvements and ensure proper use of accounting/ERP systems. 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 (Preferred) · ACCA / CPA / CA / CMA or equivalent. 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. Compensation & Benefits [To be discussed; competitive package aligned with UAE market standards] Show more

Bachelor’s degree in accounting, Finance, or a related field. 6–10 years of progressive accounting experience, including supervision/leadership responsibilities. UAE experience 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 (Preferred): ACCA / CPA / CA / CMA or equivalent.

Financial Accounting & Reporting: 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. Accounts Payable & Accounts Receivable Oversight: 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. Banking, Treasury & Cash Flow: 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. UAE VAT & Compliance: 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. Maintain VAT records for audit readiness and respond to tax-related queries as needed. Property & Investment Accounting (as applicable): Oversee accounting for rental income, service charges, maintenance costs, and capital expenditure. Maintain fixed asset register, capitalization policies, and depreciation schedules. Support investment-related accounting entries, schedules, and reconciliations. Audit & Internal Controls: Coordinate with external auditors and prepare audit schedules, confirmations, and supporting documentation. Support implementation of internal controls and assist with internal audit requests and findings resolution. Identify process improvement opportunities and implement accounting best practices to increase efficiency and accuracy. Team Leadership & Collaboration: Supervise and mentor accounting team members; allocate tasks and ensure consistent quality of outputs. Coordinate with operations, procurement, property management, and other stakeholders for accurate financial processing. Support system improvements and ensure proper use of accounting/ERP systems.