Accountant

Accountant – Real Estate Sector

Qualifications

• **Education:** Bachelor’s degree in Accounting, Finance, or related field..
• **Industry Experience:** **Mandatory** experience in UAE Real Estate (Agency or Property Management).
• **Technical Knowledge:** Proficient in General Ledger (GL), Accounts Payable (AP), and Accounts Receivable (AR).
• **Regulatory Skills:** Strong knowledge of UAE VAT regulations, property billing, and commission structures.
• **Operational Skills:** Experienced in handling post-dated cheques (PDCs), security deposits, and rental refunds.
• **Accuracy:** High attention to detail, especially in data entry and bank reconciliations.
• **Communication:** Excellent interpersonal skills to coordinate with tenants, landlords, and vendors.

Responsibilities

• **Daily Transactions:** Record all daily financial entries including property sales, rental income, and utility payments.
• **Cheque Management:** Manage the full cycle of received and issued cheques, including monitoring cleared, pending, and returned cheques.
• **Reconciliations:** Perform regular bank and vendor statement reconciliations to ensure data integrity.
• **VAT Compliance:** Assist in the preparation and filing of VAT returns in compliance with UAE tax laws.
• **Receivables (AR):** Monitor and follow up on outstanding rental payments and service charges.
• **Payables (AP):** Process vendor invoices, utility bills (DEWA/Empower), and agent commissions accurately and timely.
• **Financial Reporting:** Assist in preparing monthly P&L, Balance Sheet, and cash flow reports.
• **Documentation:** Maintain a systematic filing system for all contracts, invoices, and payment vouchers.
• **Internal Controls:** Ensure all financial activities adhere to company policies and internal control standards.

Technical Skills

• **Software:** Proficient in accounting software (e.g., Tally, QuickBooks, or Real Estate ERPs like Yardi/MRI).
• **MS Office:** Advanced skills in MS Excel (specifically for managing cheque lists and financial tracking).
• **Reporting:** Familiarity with basic financial analysis and reporting tools.

Job Type: Full-time