Account Manager - Real Estate

Job description:

Job Summary:

We are seeking an experienced and dynamic Accounts Manager with a solid background in the Real Estate industry to oversee and manage all financial operations of the company. The ideal candidate will have at least 7 years of relevant experience in accounting and finance roles within the real estate sector in the UAE. As an Accounts Manager, you will be responsible for maintaining the accuracy of financial records, managing budgeting and forecasting, ensuring compliance with local financial regulations, and providing strategic financial insights to senior management.

Key Responsibilities:

• Financial Management: Oversee the day-to-day accounting operations, ensuring the accuracy and completeness of financial records and reports for the Real Estate
• Financial Reporting: Prepare monthly, quarterly, and annual financial statements in compliance with IFRS and UAE accounting standards.
• Budgeting & Forecasting: Lead the budgeting process for various construction projects, providing detailed financial forecasts, tracking project costs, and managing cash flow.
• Accounts Payable & Receivable: Supervise the accounts payable and receivable functions, ensuring timely payment of vendors and contractors, as well as collection of receivables.
• Project Cost Control: Monitor and control project budgets, track expenditures, and identify potential cost overruns. Advise project managers on financial performance.
• Tax & Compliance: Ensure compliance with VAT, corporate tax, and other regulatory requirements. Prepare tax returns and manage audits with external parties.
• Contract Management: Review and negotiate financial terms of contracts, ensuring proper financial risk management for all construction projects.
• Team Leadership: Manage and mentor the accounts team, providing training, guidance, and support for professional development.
• Financial Analysis: Provide financial insights to senior management for decision-making, identifying trends, opportunities, and areas for cost reduction.
• Cash Flow Management: Ensure optimal cash flow to meet operational needs and project requirements, managing working capital effectively.
• Internal Controls: Implement and maintain internal controls and financial procedures to safeguard company assets and mitigate financial risks.

Key Requirements:

• Education: Bachelor’s degree in Accounting, Finance, or related field. Professional certifications (e.g., ACCA, CPA) are a plus.
• Experience: At least 7 years of proven experience in an accounts management role within the construction industry in the UAE, with hands-on experience in project accounting, cost control, and financial reporting.
• Industry Knowledge: Strong understanding of the real estate industry in the UAE, including project management and financial practices specific to construction projects.
• Technical Skills: Proficient in accounting software (e.g., Sage, ERP systems) and Microsoft Office Suite (especially Excel). Knowledge of UAE taxation laws, VAT, and compliance requirements.
• Leadership: Strong team management and interpersonal skills, with the ability to lead a team effectively.
• Analytical Skills: Excellent financial analysis and problem-solving skills.
• Attention to Detail: High level of accuracy in financial recordkeeping and reporting.
• Language: Proficiency in English (both written and verbal).

Job Type: Full-time

Experience:

• Real Estate: 5 years (Required)