Accounting Manager – Real Estate Division(Arabic Speaker)
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Key skills for this role
About the Role
About the Role: We are seeking an experienced and detail-oriented Accounting Manager to lead the accounting and financial operations of our real estate division.
Key Skills for This Role
Full Job Posting
About The Role
We are seeking an experienced and detail-oriented
Accounting Manager
to lead the accounting and financial operations of our real estate division.
The ideal candidate will have a solid background in
real estate accounting
, strong analytical skills, and the ability to ensure the accuracy, integrity, and compliance of all financial activities across property development, leasing, and asset management functions.
Key Responsibilities
- Oversee all accounting operations related to
- real estate projects
- , including
- project costing, revenue recognition, leasing, and property management accounting
- .
- Supervise and manage core accounting functions:
- Accounts Payable, Accounts Receivable, General Ledger, Payroll, and Fixed Assets
- .
- Prepare accurate and timely
- financial statements
- (monthly, quarterly, and annual) in compliance with
Ifrs
- and company policies.
- Manage
- month-end, quarter-end, and year-end closings
- and ensure timely, accurate financial reporting for each project and entity.
- Develop, implement, and maintain
- accounting policies, internal controls, and procedures
- specific to real estate operations to enhance accuracy and efficiency.
- Oversee
- budgeting and forecasting
- for projects, leasing income, and operational costs; provide
- variance analysis and recommendations
- .
- Conduct
- financial and feasibility analysis
- for new developments, acquisitions, and investments.
- Manage
- cash flow planning, project funding, escrow accounts, and banking relationships
- to ensure optimal liquidity and compliance.
- Ensure full compliance with
Uae Vat
,
Rera
- , and other relevant
- real estate and financial regulations
- .
- Coordinate with
- external auditors, consultants, and regulatory bodies
- , ensuring all statutory requirements are met.
- Reconcile
- project accounts, developer statements, and tenant ledgers
- accurately and on time.
- Support management with
- cost control, profitability analysis
- , and
- financial modeling
- for new and ongoing projects.
- Maintain accurate documentation of all financial and project-related transactions.
- Lead, mentor, and develop the accounting team to ensure high performance and professional growth.
- Collaborate with
- real estate, property management, operations, and sales teams
- to align financial reporting with business goals.
- Drive automation and digital transformation in accounting systems to improve
- efficiency and reporting accuracy
- .
- Safeguard company assets through strong
- internal control mechanisms
- and periodic reviews.
- Prepare and present
- financial and management reports
- to senior management and the board.
Requirements
- Bachelor’s degree in
- Accounting, Finance, or a related field
- .
- Professional certification (
CPA, CMA, ACCA
- ) is highly preferred.
- Minimum of
- 10 years of progressive accounting experience
- , with at least
- 5 years in a managerial role within the real estate sector
- .
- Strong knowledge of
- real estate accounting practices
- ,
- project costing
- , and
- revenue recognition
- .
- Excellent understanding of
Ifrs
,
Uae Vat
- , and
- RERA compliance
- .
- Proven experience managing
- audits and financial reporting
- for real estate projects or property portfolios.
- Hands-on experience with
- ERP/accounting systems
- (SAP, Oracle, Yardi, or similar).
- Advanced
- Excel and analytical skills
- .
- Strong
- leadership, communication, and organizational abilities
- .
- High level of
- accuracy, integrity, and attention to detail
- .
- Fluent in
- English.
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