Senior Accountant - Financial Reporting - Dubai Holding Group Services
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About the Role
About Dubai Holding Group Services: Group Services is Dubai Holding’s shared business services arm that provides consolidated business solutions in procurement, finance and human capital across the Group.
Key Skills for This Role
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About Dubai Holding Group Services
Group Services is Dubai Holding’s shared business services arm that provides consolidated business solutions in procurement, finance and human capital across the Group.
With a commitment to talent, digital innovation and continuous improvement, it delivers best-in-class service, enhancing the Group's overall performance.
Group Services is dedicated to transforming operations, elevating service quality and cultivating specialised teams focused on excellence and innovation.
Group Services comprises of:
Group Services Procurement
delivers end-to-end value through strategic sourcing, supplier management, and contracting.
Enabled by advanced technology, streamlined processes, strong governance, and data-driven insights, it ensures responsible sourcing, cost efficiency, and operational excellence.
Group Services Finance
manages financial transactions, budgeting, and reporting to ensure strong fiscal health and cash flow.
It empowers informed decision-making through insights that drive sustainable growth and profitability.
Group Services Human Capital
manages the full employee lifecycle, ensuring a smooth journey from recruitment to offboarding while fostering a culture that values and supports people—the Group’s greatest asset.
Empowering talent for the future:
Group Services’ greatest strength lies in its people; their collective capabilities serve as the driving force of the company.
Dedicated to creating a vibrant talent hub where challenging the norm leads to innovation, collaboration fuels creativity and caring for people and partners cultivates strong relationships, Group Services aims to build a foundation for sustained success.
As a business that views success as a shared journey and celebrates every achievement along the way, Group Services offers the opportunity to grow, develop skills and make a meaningful impact.
Dubai Holding Group Services proudly supports a diverse portfolio of companies:
About the Job
- Here's your chance to step into the role of Senior Accountant – Financial Reporting at Dubai Holding Group Services.
- In this position, you'll take on key responsibilities that include:
- Manage and implement the Percentage of Completion (POC) method for revenue recognition on real estate projects, ensuring compliance with IFRS 15 – Revenue from Contracts with Customers, while monitoring project costs, progress, and revenue allocation in coordination with project teams.
- Prepare monthly, quarterly, and annual financial statements in line with IFRS standards, and assist in audits by liaising with external auditors.
- Maintain accurate accounting records for ongoing and completed real estate projects, track project budgets, costs, and profitability, and analyze variances between actual vs. budgeted costs.
- Oversee general ledger accounting, journal entries, accruals, and reconciliations, ensuring timely month-end and year-end closing with validated accounting entries.
- Prepare management reports, dashboards, and financial analysis while working closely with project managers, finance teams, and senior management.
About You
- The ideal candidate for this position will have the following experience and qualifications:
- Master's degree in Accounting, Finance, or a related field (CA/ACCA/CPA preferred).
- Minimum 8+ years of experience, with significant exposure to the real estate or construction industry.
- Strong expertise in POC accounting and IFRS standards.
- Proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems) and advanced Excel skills.
- Experience working in the UAE or GCC real estate sector, with familiarity with VAT regulations in the UAE.
- Experience in handling large-scale real estate development projects.
- Strong analytical and problem-solving abilities with excellent communication and stakeholder management skills.
- Demonstrated competencies in financial analysis & reporting, compliance & governance, time management, and team leadership.
- About the Benefits:
- At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues.
- Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment.
- We strongly believe in creating an empowered internal workforce that will help us build a connected city for tomorrow.
- We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.
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