Accountant (Real Estate Brokerage & Off-Plan)

Company: S A S A Real Estate LLC
Location: Dubai, UAE
Department: Finance & Accounts
Reports To: Finance Manager / General Manager

Position Overview:

S A S A Real Estate LLC is seeking a detail-oriented Accountant with hands-on experience in real estate brokerage and off-plan transactions. The role requires strong knowledge of commission accounting, escrow handling, developer reconciliations, VAT compliance, and RERA-related financial controls within the UAE real estate market.

Key Responsibilities

A. Real Estate Accounting & Brokerage Operations

• Maintain accurate accounting records for secondary sales, leasing, and off-plan transactions
• Record and reconcile brokerage commissions, referral fees, and co-brokerage payouts
• Track deal pipelines, invoicing, and commission receivables from developers and clients
• Ensure proper accounting of sales reservations, booking forms, and SPA milestones
• Monitor and reconcile client advances and escrow-related inflows (where applicable)

B. Off-Plan & Developer Accounting

• Handle developer commission structures, slab-based and milestone payments
• Reconcile developer statements, credit notes, and commission confirmations
• Track post-handover and pre-handover commission receivables
• Coordinate with sales/admin teams on deal closures and payment releases

C. VAT & Regulatory Compliance

• Prepare and file UAE VAT returns related to brokerage and leasing activities
• Ensure correct VAT treatment for:
• Commission income
• Leasing services
• Commercial vs residential transactions
• Maintain VAT-compliant tax invoices and supporting documentation
• Support audits, FTA reviews, and compliance checks

D. Financial Reporting & Controls

• Prepare monthly, quarterly, and annual financial reports
• Maintain general ledger, accounts receivable, and accounts payable
• Perform bank reconciliations and cash flow monitoring
• Assist in budgeting, forecasting, and management reporting
• Ensure compliance with internal financial controls and SOPs

E. Payroll, EOSB & Agent Commission Support

• Assist in processing agent commissions, incentives, and clawbacks
• Support payroll accounting, leave salary, gratuity (EOSB), and accruals
• Maintain accurate records for MOHRE-related financial obligations

F. Coordination & Documentation

• Liaise with sales teams, developers, auditors, and banks
• Maintain organized financial documentation for RERA, DLD, and internal audits
• Support management in financial decision-making and cost controls

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or Commerce
• 5+ years of accounting experience, with minimum 5 years in UAE real estate
• Proven experience in:
• Real estate brokerage accounting
• Off-plan developer commissions
• UAE VAT for real estate transactions
• Professional certifications (CA / ACCA / CMA) preferred

Technical Skills

• Proficiency in Tally, QuickBooks, Zoho Books, or similar ERP systems
• Strong knowledge of Excel (reports, reconciliations, commission tracking)
• Familiarity with RERA / DLD financial practices is an advantage
• Strong understanding of UAE VAT Law applicable to real estate

Core Competencies

• High attention to detail and accuracy
• Strong analytical and reconciliation skills
• Ability to manage multiple deals and deadlines
• Confidentiality and professional integrity
• Effective coordination with sales and management teams

What We Offer

• Competitive salary aligned with market standards
• Professional growth within a fast-growing real estate group
• Exposure to major developers and high-value off-plan projects
• Supportive and compliance-driven work environment

Job Types: Full-time, Permanent