Manager Accounts

We are seeking an experienced Accounts Manager with strong expertise in the UAE Real Estate Development. The role will focus on project accounting, escrow management, RERA compliance, VAT filing, and financial control, ensuring the company’s real estate projects are managed efficiently from a financial perspective.

Key Responsibilities:

Financial Management & Reporting

• Manage and oversee all accounting operations including escrow accounts, project-wise accounting, receivables, payables, and reconciliations.
• Prepare and present monthly, quarterly, and annual financial statements in compliance with IFRS and UAE regulatory requirements.
• Track project cost allocation against budgets and conduct profitability analysis for each development.
• Maintain and reconcile RERA trust accounts (escrow accounts) as per UAE real estate regulations.
• Ensure timely invoicing, collection follow-ups, and revenue recognition as per real estate industry standards.

Compliance & Audit

• Ensure full compliance with RERA financial guidelines, escrow regulations, and project reporting requirements.
• Oversee VAT compliance including timely filing of returns and liaising with the Federal Tax Authority (FTA).
• Manage annual internal and external audits and ensure all financial documentation is in order.
• Stay updated on UAE real estate laws, Central Bank and RERA directives impacting financial operations.

Budgeting & Cash Flow

• Prepare cash flow forecasts considering sales collections, project expenses, and bank financing.
• Monitor payments to contractors, consultants, and suppliers ensuring alignment with approved budgets.
• Develop and implement cost control measures to enhance project profitability.

Team Leadership & Coordination

• Lead, train, and supervise the accounting team ensuring accuracy and efficiency.
• Coordinate with project, sales, legal, and operations teams to ensure seamless financial processes across all departments.
• Liaise with banks, financial institutions, auditors, and RERA authorities on financial and regulatory matters.

Qualifications & Skills

• Master’s degree in Accounting, Finance, or a related field (Master’s, CPA, ACCA, or CMA will be preferred).
• 7–10 years of experience in accounting/finance with at least 3–5 years in UAE Real Estate Development.
• Strong knowledge of RERA, escrow account management, IFRS, VAT, and Real Estate accounting.
• Proficiency in ERP/accounting systems/ QuickBooks.
• Excellent financial analysis, reporting, and problem-solving skills.
• Strong communication and leadership abilities.
• English Language preferred.

Why Join Us?

• Opportunity to work on prestigious real estate development projects in the UAE.
• Exposure to regulatory compliance, financial strategy, and project funding.
• Growth-oriented environment with a focus on innovation and integrity.

Job Type: Full-time

Pay: AED8,000.00 - AED15,000.00 per month