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 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.

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; prepare management reports, reconciliations, and analytical schedules; ensure adherence to accounting standards and company policies. Accounts Payable & Accounts Receivable Oversight: Oversee invoice processing, approvals, and vendor payments; ensure timely billing/invoicing, receipt allocation, and receivables aging monitoring; support collections and resolve discrepancies. Banking, Treasury & Cash Flow: Review bank reconciliations; support cash flow planning and treasury reporting; maintain petty cash controls. UAE VAT & Compliance: Ensure correct VAT treatment; prepare/review VAT returns and documentation; maintain VAT records. Property & Investment Accounting: Oversee accounting for rental income, service charges, maintenance costs, and capital expenditure; maintain fixed asset register and depreciation; support investment-related entries. Audit & Internal Controls: Coordinate with external auditors; support internal controls and respond to audit findings; identify process improvements. Team Leadership & Collaboration: Supervise accounting team; coordinate with operations, procurement and property management; support ERP system improvements.