Accounting Manager - Real Estate

Accounting Manager

Key Accountabilities

• Oversee daily accounting operations, financial transactions, and month-end closing activities.
• Prepare and review monthly, quarterly, and annual Trial Balances and Financial Statements in alignment with IFRS.
• Manage accounting activities related to construction projects, real estate developments, project costs, revenues, and expenses.
• Monitor project financials, cost allocations, accruals, advances, subcontractor payments, and revenue recognition.
• Ensure compliance with VAT, WHT, Zakat, and other tax-related requirements.
• Coordinate with external auditors, tax consultants, banks, and regulatory authorities.
• Supervise and guide the accounting team to ensure accuracy, efficiency, and timely reporting.
• Participate in budgeting, forecasting, cash flow planning, and financial analysis.
• Develop management reports and financial dashboards to support informed decision-making.
• Ensure strong internal controls across all accounting and financial transactions.
• Provide recommendations for process improvement, cost control, and financial performance enhancement.
• Coordinate with project, procurement, contracts, and operations teams to ensure financial accuracy and operational efficiency.

Knowledge, Skills, and Experience

• Bachelor s degree in Accounting, Finance, or a related field.
• Minimum 8-10
• years of experience
• in Accounting and Finance, with solid experience in the
• construction and real estate industry
• .
• Strong knowledge of

International Financial Reporting Standards (IFRS)

• .
• Strong experience in project accounting, cost control, revenue recognition, and financial reporting.
• Experience in VAT, WHT, Zakat, and Saudi tax regulations.
• Advanced Excel skills, financial reporting, budgeting, and analysis capabilities.
• Experience with ERP systems; Oracle
• ERP is a plus
• .
• Fluency in Arabic and English, spoken and written.
• Strong leadership, analytical, communication, and attention-to-detail skills.
• Ability to meet deadlines, manage multiple priorities, and support strategic financial decision-making.