Real Estate Senior Accountant

Real Estate Compliance cum Account Manager

Job Summary

The Real Estate Compliance cum Account Manager is responsible for ensuring end-to-end compliance across buy and sale transactions, real estate operations, off-plan and WIP assets, monthly financial closing, and client account management. The role requires close coordination with legal, finance, sales, and project teams to ensure regulatory adherence, accurate financial tracking, and transparent reporting.

Key ResponsibilitiesBuy & Sale Compliance (Primary Responsibility)

· Ensure full compliance for property purchase and sale transactions, including ready, off-plan, and secondary market properties.

· Review, verify, and coordinate Sale & Purchase Agreements (SPAs), MOUs, transfer documents, and related legal paperwork.

· Ensure compliance with regulatory authority requirements (e.g., RERA, land department, escrow rules).

· Coordinate with brokers, developers, legal teams, and government authorities for transaction approvals, registrations, and transfers.

· Track transaction milestones including booking, deposits, transfers, handover, and title deed issuance.

· Maintain complete and auditable records of buy and sale transactions.

Compliance & Regulatory Management

· Ensure ongoing compliance with real estate laws, tenancy regulations, off-plan project rules, escrow requirements, and AML/KYC standards.

· Monitor regulatory updates and implement changes across buy, sale, leasing, and project operations.

· Liaise with auditors, legal advisors, and authorities for inspections, renewals, and filings.

· Maintain statutory registers, licenses, approvals, and compliance documentation.

Account & Client Management

· Manage accounts for buyers, sellers, landlords, tenants, investors, and developers.

· Act as a single point of contact for clients on compliance, transactional, and account-related matters.

· Address client and investor queries related to sale proceeds, purchase payments, escrow balances, and statements.

· Handle escalations and ensure timely resolution.

Financial Management, Off-Plan & WIP Tracking, and Monthly Closing

· Track buy and sale payments, including booking amounts, installments, commissions, fees, and final settlements.

· Manage escrow inflows and outflows in line with regulatory requirements.

· Monitor off-plan projects and WIP assets, including:

o Construction costs, budgets, and certifications

o Contractor, consultant, and supplier payments

o Capitalization of WIP costs

· Perform monthly financial closing, including:

o Reconciliation of client, escrow, project, and general ledger accounts

o Review of revenue recognition and cost allocations

o Timely month-end closure for completed, off-plan, and WIP assets

Reporting & Documentation

· Prepare transaction compliance reports, WIP/project reports, and monthly closing summaries for management.

· Generate buyer, seller, and investor statements showing payment status and outstanding balances.

· Maintain secure and organized records of SPAs, title deeds, payment plans, invoices, and approvals.

· Support internal and external audits related to buy/sale transactions and project accounting.

Systems & Process Management

· Use ERP, CRM, PMS, and project accounting systems to manage buy/sale transactions, compliance, and financial tracking.

· Ensure data accuracy and integrity across systems.

· Identify control gaps and recommend process improvements to strengthen transaction and payment compliance.

Qualifications & Experience

· Bachelor’s degree in Accounting, Finance, Business Administration, Law, or Real Estate Management.

· 5–10 years of experience in real estate compliance, transaction management, or property accounting, including buy & sale transactions.

· Strong knowledge of sale & purchase compliance, off-plan regulations, escrow rules, and project accounting.

· Proven experience in monthly closing and financial reconciliations.

Skills & Competencies

· Expertise in buy and sale transaction compliance.

· Strong understanding of off-plan and WIP asset accounting.

· Excellent month-end closing and reporting capabilities.

· High attention to detail, risk awareness, and documentation skills.

· Strong coordination, negotiation, and stakeholder management skills.

Job Type: Full-time

Ability to commute/relocate:

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

Application Question(s):

• In how many days you can join?
• What is your expected salary?

Experience:

• Real Estate Accountant: 1 year (Required)
• AML Compliance: 1 year (Preferred)