Real Estate Accountant

Job Description – Real Estate Accountant

• Cross-check transaction sheets to ensure accuracy and completeness.
• Follow up with developers and agents regarding invoice eligibility and supporting documentation.
• Ensure daily reconciliation of bank and cash balances.
• Maintain full responsibility for company cash inflows and outflows.
• Organize and maintain proper filing of all invoices and expense records.
• Monitor and maintain accurate records for the WPS (Wages Protection System) account.
• Maintain proper bookkeeping and accurate recording of all financial transactions.
• Analyze property and asset management reports to ensure accuracy and assess financial performance.
• Prepare financial statements, including Balance Sheet and Profit & Loss accounts.
• Monitor and control the company’s financial position and cash flow.
• Prepare quarterly financial reports and ensure timely filing and remittance of taxes and other statutory obligations, including VAT, FTA, and Corporate Tax.
• Review commission sheets and ensure final calculations are accurate before submitting for approval and signature by partners and agents.
• Prepare, validate, and submit monthly and quarterly UAE VAT returns.
• Prepare monthly marketing cost reports.
• Prepare and issue tax invoices in compliance with UAE regulations.
• Prepare monthly and annual accounting reports.
• Review and cross-check Anti-Money Laundering (AML) documentation and compliance requirements.
• Take full responsibility for Corporate Tax compliance, including provisions, process improvements, and ensuring accurate and timely filing in line with statutory and internal reporting requirements.

Requirements:

• Bachelor’s degree in Accounting or Finance.
• 3+ years’ experience in accounting, preferably in real estate or property management.
• Strong knowledge of IFRS, UAE VAT, FTA, and Corporate Tax.
• Experience with ERP/accounting systems (Yardi, SAP, Oracle, QuickBooks, Zoho).
• Proficient in MS Excel, reporting, and financial analysis.
• Detail-oriented, organized, and able to manage multiple properties/projects.

Skills:

• Property & Real Estate Accounting
• Financial Reporting (Balance Sheet, P&L)
• Accounts Payable & Receivable
• Bank & Cash Reconciliation
• VAT & Corporate Tax Compliance
• ERP Systems & MS Excel

Benefits

• Residency Visa
• Medical Insurance
• Annual Plane Ticket
• 100% support from Management

Please send your cv at info@royaltiararealestate.com

Job Type: Full-time

Pay: From AED7,000.00 per month