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Senior Accountant (Real Estate)

Dubai, United Arab Emirates

The Senior Accountant will be responsible for day-to-day accounting tasks, financial reporting, budgeting, forecasting and tax preparation. They will also analyze financial information, evaluate existing financial systems, and recommend process improvements.

Job Responsibilities:

  • Drafting of monthly / quarterly / annual financial statements and preparation of monthly fund position.
  • Ensures that all expenses, receipts, other requests and transactions for the accounting period have been accurately posted.
  • Review of reports, analyze of sales and income against actual figures and suggests methods of improving the planning process.
  • Prepare prepaid expenses from contractual vendors and handling internal vendor payments
  • Ensures a proper reporting system for all sales and leasing is achieved and to ensure that frequent and accurate reports are given to management.
  • Maintaining vat input & output information, filing quarterly vat return
  • Processing of payroll and handling AML compliance
  • Financial Budget forecasting

Project management - Project wise financial responsibilities:

  • Preparing Adhoc reports, booking and sales reports
  • Following up with sales agents for pending payments from clients as per the sale contract
  • Maintaining mirrored bank account of the project to ensure payments are linked with their respective clients
  • Maintaining individual client ledgers for clear understanding of the payments made to the project bank account
  • Reviewing Sales & Purchase Agreements for final figures before releasing for signatures

Qualifications & Skills:

  • 5+ years of accounting experience in Real Estate Brokerage or Developer company in UAE (mandatory)
  • Off Plan project management accounting experience (mandatory)
  • Bachelor’s degree in accounting, Finance, or CMA/CPA qualified
  • Experience with general ledger functions and the month-end/year-end close process
  • Advanced MS Excel skills including VLOOKUP’s and pivot tables.
  • Should have working experience in Tally Prime software.

Work timings : Monday to Saturday (9 am - 6 pm).

Job Type: Full-time

Application Question(s):

  • How many years of Real Estate brokerage/developer experience do you have in UAE?

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