Company Description ASWAQ Developments was founded in 2019, building on experience in real estate development dating back to 2002. The company has delivered multiple projects in new cities, with a portfolio that spans residential, commercial, and administrative developments. ASWAQ Developments focuses on creating high-quality properties that address diverse market needs and offer long-term value. Team members join a growing organization that combines industry expertise with an expanding project pipeline.
Role Description The Head of Cost Accountant role at ASWAQ Developments is a full-time, on-site position based in El Sherouk. This role oversees all cost accounting activities for development projects, including tracking project costs, preparing cost reports, and analyzing variances against budgets. The Head of Cost Accountant is responsible for coordinating with project, engineering, and finance teams to ensure accurate allocation of expenses and timely recording of journal entries. Daily tasks include reviewing and validating cost data, supporting the preparation of financial statements, monitoring cost controls, and recommending efficiency improvements. The role also involves establishing and maintaining cost accounting policies, ensuring compliance with relevant standards, and providing management with clear, data-driven insights to support decision-making.
Qualifications
* Strong expertise in cost accounting and finance, particularly within the real estate development industry.
* Proficiency in preparing and interpreting financial statements, with the ability to link project costs to overall financial performance.
* Experience with journal entries and core accounting processes, ensuring accuracy and adherence to accounting standards.
* Advanced analytical skills, including cost analysis, variance analysis, and budgeting for development projects.
* Bachelor’s degree in Accounting, Finance, or a related field; professional certifications (e.g., CMA, CPA) are an advantage.
* Experience leading or supervising accounting teams, with strong organizational and time management abilities.
* Proficiency in accounting and ERP software, along with solid skills in spreadsheet and data analysis tools.
* Clear written and verbal communication skills, with the ability to present financial insights to non-finance stakeholders.
* Demonstrated integrity, attention to detail, and commitment to compliance and internal controls.