Accountant- Real estate

About This Role

1. Financial Accounting & Reporting

• Maintain accurate books of accounts for real estate projects and properties
• Prepare monthly, quarterly, and annual financial statements
• Track project-wise profitability and cost allocation
• Reconcile bank accounts, tenant accounts, and project ledgers

2. Property & Project Accounting

• Record and monitor construction costs, development expenses, and capital expenditures
• Maintain unit-wise/property-wise financial records
• Track revenue from sales, rentals, and service charges
• Ensure proper capitalization of assets and work-in-progress (WIP)

3. Accounts Receivable & Payable

• Manage tenant receivables, rent collections, and follow-ups
• Process vendor invoices and ensure timely payments
• Monitor aging reports for receivables and payables

4. Budgeting & Forecasting

• Assist in preparation of project budgets and cash flow forecasts
• Monitor variances between actual and budgeted costs
• Support management in financial planning for real estate developments

5. Compliance & Audit

• Ensure compliance with local accounting standards and regulations (e.g., UAE VAT laws if applicable)
• Support internal and external audits
• Maintain documentation for all financial transactions

6. Coordination & Stakeholder Management

• Coordinate with property management, sales, and project teams
• Liaise with banks, auditors, and regulatory bodies
• Provide financial insights to management for decision-making

Requirements:

• Bachelor’s degree in Accounting, Finance, or related field
• Professional qualification (ACCA/CA/CMA) is an advantage
• 3–6 years of accounting experience, preferably in real estate or construction
• Strong knowledge of accounting software (Tally, SAP, Oracle, or similar)
• Good understanding of UAE VAT regulations (preferred)
• Strong analytical and reporting skills
• Attention to detail and ability to manage multiple projects
• Female candidates preferred.

Pay: AED5,500.00 - AED6,000.00 per month

Work Location: In person