General Accountant- Real Estate

General Accountant – Real Estate

Company: Al Fattan Properties
Location: UAE
Employment Type: Full-Time
Industry: Real Estate Development & Property Management

Position Overview

Al Fattan Properties is seeking a highly competent and detail-driven General Accountant with solid experience in the real estate sector. The selected candidate will play a critical role in managing property-related financial activities, ensuring accurate financial reporting, maintaining regulatory compliance, and supporting strategic financial decision-making.

The ideal candidate must demonstrate strong expertise in real estate accounting, lease accounting, revenue recognition, service charge accounting, and financial controls within a property development or property management environment.

Key Responsibilities

• Oversee and manage day-to-day accounting operations related to real estate portfolios
• Record and monitor revenue streams including rental income, property sales, service charges, and other real estate-related transactions
• Ensure accurate revenue recognition in compliance with IFRS, particularly relevant standards applicable to real estate
• Manage lease accounting and maintain detailed schedules for long-term contracts
• Perform monthly, quarterly, and annual closing procedures with strict adherence to deadlines
• Conduct comprehensive bank, tenant, and intercompany reconciliations
• Prepare detailed financial statements, management reports, and variance analyses
• Support budgeting, forecasting, and cash flow management processes
• Monitor receivables, tenant collections, and aging reports to ensure healthy cash flow
• Ensure VAT compliance and timely submission of tax returns in accordance with UAE regulations
• Coordinate with external auditors and provide required documentation during audit cycles
• Strengthen internal controls and recommend improvements in accounting processes and financial systems

Qualifications & Professional Requirements

• Bachelor’s degree in Accounting, Finance, or related discipline
• Minimum 2+ years of progressive accounting experience within the real estate or property management sector
• Strong knowledge of IFRS, particularly standards relevant to revenue and lease accounting
• Hands-on experience with ERP systems and real estate accounting software
• Advanced proficiency in Microsoft Excel and financial reporting tools
• Professional certifications such as CPA, ACCA, CMA, or equivalent are highly preferred

Core Competencies

• Strong analytical and financial reporting skills
• High level of accuracy and attention to detail
• Sound understanding of real estate financial structures and property accounting cycles
• Strong organizational and time-management abilities
• Ability to work under pressure and meet strict reporting deadlines
• Professional communication skills and ability to coordinate across departments

What We Offer

• Competitive and attractive remuneration package
• Professional and structured working environment
• Opportunity to grow within a reputable real estate organization
• Exposure to large-scale property development and management operations

Job Type: Full-time

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Preferred)

Application Question(s):

• What is you expected salary?
• Can you join us immediately?
• Why do you think you are the best fit for this position?
• What is your weak area where you need training?

Education:

• Bachelor's (Preferred)

Experience:

• accounting and finance: 2 years (Preferred)

Language:

• Arabic (Preferred)

License/Certification:

• Professional Certificate (Preferred)