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Project Accounting Manager

Job in Ras Al Khaimah, Ras Al Khaimah, UAE/Dubai
Listing for: Mackenzie Jones Middle East
Full Time position
Listed on 2026-11-04
Job specializations:
  • Accounting
    Cost Accountant, Financial Analyst, Financial Reporting
Salary/Wage Range or Industry Benchmark: 300000 - 600000 AED Yearly AED 300000.00 600000.00 YEAR
Job Description & How to Apply Below

We are looking for an experienced Project Accounting Manager to own the financial control of our client's development portfolio, from land acquisition and feasibility through construction, sales and handover.

You will lead project accounting within Oracle Fusion Cloud, ensuring every project's costs, budgets, revenue and capitalization are accurate, timely and compliant. You will be the bridge between Finance, Development, Projects, Procurement and Sales, giving leadership a clear and reliable view of project profitability.

Responsibilities
  • Own end-to-end project accounting for all development projects, including land, infrastructure, construction, consultancy and soft costs.
  • Track committed, incurred and forecast costs against approved budgets; investigate and explain variances.
  • Set up and maintain projects, tasks, expenditure types and project structures (WBS) in Oracle Fusion PPM in line with the development lifecycle.
  • Review and approve contractor and consultant payment certificates, variations, advance payments and retention in coordination with the Projects and Cost Management teams.
  • Prepare and maintain project budgets, cost-to-complete and estimate-at-completion (EAC) forecasts with the Development and Commercial teams.
  • Deliver monthly project cost reports, cash flow forecasts and profitability analysis for management and the board.
Experience
  • 8+ years of accounting experience, with at least 4 years in project accounting within real estate development, construction or a similar project-based environment.
  • Hands-on experience with Oracle Fusion Cloud Financials and Project Portfolio Management (Project Costing, Project Control, Project Contracts/Billing).
  • Strong knowledge of IFRS, particularly IFRS 15, IAS 2, IAS 16, IAS 23 and IAS 40.
  • Experience with construction contracts, payment certificates, variations and retention.
Qualifications

Bachelor’s degree in accounting, Finance or a related field.

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