Accountant (Real Estate)

Position**: Accountant

Key Responsibilitiesaccounting & Finance

• Maintain accurate books of accounts and record all financial transactions.
• Prepare monthly, quarterly, and annual financial statements.
• Prepare and analyze Profit & Loss Statements, Balance Sheets, and Cash Flow Reports.
• Perform bank reconciliations and monitor company cash flow.
• Manage accounts payable and accounts receivable.
• Process supplier payments and maintain payment schedules.
• Ensure proper documentation and filing of all financial records.

Vat & Tax Compliance

• Prepare and submit UAE VAT returns accurately and within deadlines.
• Ensure compliance with UAE Federal Tax Authority (FTA) regulations.
• Maintain VAT records and support VAT audits when required.
• Verify VAT treatment on invoices, expenses, and revenue.

Real Estate Commission Management

• Track all property sales transactions and commission structures.
• Calculate and verify agent commissions based on company policies.
• Coordinate with the Sales and HR departments regarding commission payouts.
• Reconcile commissions against closed deals and received payments.
• Maintain accurate commission reports and resolve discrepancies promptly.
• Monitor outstanding client payments affecting commission releases.

Financial Reporting & Analysis

• Prepare monthly management reports and financial summaries.
• Monitor company profitability and provide financial insights.
• Assist management with budgeting and forecasting.
• Analyze expenses and recommend cost-control measures.

Compliance & Internal Controls

• Ensure compliance with company financial policies and procedures.
• Assist during internal and external audits.
• Maintain confidentiality of financial information.
• Identify and recommend improvements to accounting processes.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 2–4 years of accounting experience, preferably in the UAE real estate industry.
• Strong knowledge of UAE VAT regulations and FTA compliance.
• Experience preparing Profit & Loss Statements and financial reports.
• Experience managing real estate commission calculations and reconciliations.
• Proficiency in Microsoft Excel and accounting software (Zoho Books, QuickBooks, Tally, Odoo, or similar ERP systems).
• Strong analytical, organizational, and problem-solving skills.
• High attention to detail and ability to meet strict deadlines.
• Excellent communication skills in English; Arabic is an advantage.

Preferred Qualifications

• UAE real estate accounting experience.
• Knowledge of brokerage commission structures.
• Experience with payroll processing and WPS.
• Professional accounting certification (ACCA, CMA, CPA, or equivalent) is an advantage.

Key Performance Indicators (Kpis)

• Accurate and timely VAT filing.
• Timely preparation of monthly financial reports.
• Accurate commission calculations with minimal discrepancies.
• Timely reconciliation of bank accounts and financial records.
• Compliance with financial regulations and audit requirements.
• Accurate Profit & Loss reporting and financial analysis.
• Timely processing of payments and collections.
• Pay: From AED1.00 per month

Application Question(S)

• What is your current salary?
• What is your visa status?

Experience

• Real Estate Accountant: 1 year (Required)