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Cheif Accountant

Cheif Accountant

On-site

Industry:

Real Estate

Location:

Riyadh, Saudi Arabia

Work Experience:

11

Job Description

- Oversee and manage all accounting operations, ensuring accuracy, efficiency, and compliance with financial regulations.
- Supervise the preparation of monthly, quarterly, and annual financial statements and management reports.
- Manage all accounting activities related to real estate development projects, including project costs, revenues, expenses, and profitability.
- Monitor project budgets, track actual expenditures, and analyze budget variances to ensure effective cost control.
- Oversee real estate revenue recognition, customer installment collections, receivables, and payment schedules.
- Manage general ledger activities, accounts payable, accounts receivable, bank reconciliations, and month-end closing procedures.
- Monitor cash flow, financial forecasts, and funding requirements across multiple real estate projects.
- Develop and implement effective internal controls, accounting policies, and financial procedures.
- Prepare financial analyses and performance reports to support senior management in strategic decision-making.
- Lead, supervise, and develop the accounting team to ensure timely and accurate financial reporting.
- Collaborate with Finance, Sales, and Project Management departments to ensure accurate financial tracking and reporting.

Requirements

- Bachelor's degree in Accounting, Finance, or a related field.
- 12–15 years of progressive accounting experience, with a strong background in the Real Estate Development sector.
- Must hold a CMA (Certified Management Accountant) certification.
- Proven experience in a Chief Accountant, Accounting Supervisor, or similar senior accounting position.
- Strong knowledge of real estate accounting, project costing, revenue recognition, and financial reporting.
- Extensive experience in budgeting, financial forecasting, cash flow management, and cost control.
- Solid understanding of Egyptian Accounting Standards (EAS), taxation, and financial regulations.
- Strong experience in preparing and reviewing financial statements and management reports.
- Proficiency in ERP accounting systems and Advanced Microsoft Excel.
- Excellent analytical, problem-solving, and financial management skills.
- Strong leadership skills with proven experience in managing accounting teams.

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