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Real Estate Finance & Commission Accountant

Oxford Management ConsultancyDubai, UAE6 days agoMid-Senior
AED 2,000,000/monthMid-Seniorfulltime

Location: Remote (Aligned to Dubai, UAE Business Hours) Company: RHK Properties Employment Type: Full-Time About RHK Properties RHK Properties is a growing Dubai real estate brokerage specializing in residential and investment properties across the UAE.

Skills

IFRSGAAPAudit

About This Role

Overview

**Location:** Remote (Aligned to Dubai, UAE Business Hours)

About RHK Properties

RHK Properties is a growing Dubai real estate brokerage specializing in residential and investment properties across the UAE.

We are hiring an experienced **Real Estate Finance & Commission Accountant** to own the financial side of every transaction from the moment a Form F (sale) or tenancy agreement is signed through to all commissions, fees, invoices, VAT, and payments being accurately calculated, collected, and reconciled.

This role is the final safeguard in our transaction process.

A deal can transfer perfectly and still lose money through incorrect commission calculations, missed invoices, VAT errors, unpaid receivables, or incorrect agent payouts.

Your responsibility is to ensure every completed transaction is fully paid, accurately accounted for, and properly recorded.

This is not a general accounting role.

Applicants must have hands-on Dubai real estate brokerage finance experience, including commission structures, agent splits, VAT on commission, DLD fees, and transaction reconciliation.

Transaction Finance (Sales)

  • Review every signed Form F (MOU) transaction and calculate all financial components accurately.
  • Calculate brokerage commissions, agent splits, referral fees, VAT, DLD fees, and administrative charges.
  • Issue accurate invoices to the appropriate parties at the correct stage of the transaction.
  • Monitor outstanding payments and ensure funds are collected promptly.
  • Reconcile every completed sale by matching expected revenue against actual receipts.
  • Investigate and resolve any discrepancies before transactions are closed financially.

Rental & Leasing Finance

  • Calculate leasing commissions and applicable fees for every signed tenancy agreement.
  • Ensure rental commissions are invoiced accurately and collected promptly.
  • Track rental-related revenue and ensure no completed deal remains uninvoiced.

Receivables & Payment Control

  • Maintain a live receivables tracker showing all amounts owed, payment status, due dates, and collection actions.
  • Follow up consistently with clients, agents, developers, mortgage brokers, and other parties regarding outstanding payments.
  • Verify agent commission payouts and commission splits before payment approval.
  • Prevent overpayments, duplicate payments, and commission errors.

Reporting, Compliance & Financial Controls

  • Maintain clean, organized, and audit-ready financial records for every transaction.
  • Support VAT compliance and maintain accurate VAT documentation in accordance with UAE requirements.
  • Produce daily and weekly financial status reports.
  • Prepare monthly revenue, commission, receivables, and collection reports for management.
  • Keep transaction records synchronized with CRM and deal-tracking systems so all departments have accurate financial visibility.

Requirements

  • Accounting qualification or degree with strong book keeping, reconciliation, and financial control experience.
  • Minimum 3 years of experience in Dubai real estate brokerage accounting, transaction finance, commission accounting, or similar roles.
  • Hands-on experience with:
  • Brokerage commission calculations
  • Agent commission splits
  • Referral fee calculations
  • VAT on commission
  • DLD and administrative fees
  • Transaction-level reconciliation
  • Advanced spreadsheet skills and strong attention to numerical accuracy.
  • Experience using accounting software, CRM systems, and finance integrations.
  • Strong collections and receivables management experience.
  • Excellent written and spoken English.
  • Highly organized, detail-oriented, and capable of working independently.
  • Able to work full-time and align working hours with Dubai business hours.

Required Application Questions

  • Please answer all of the following questions in your application.
  • Applications that do not address these questions will not be reviewed:
  • Describe your Dubai real estate finance experience. Which brokerages have you worked with, and what financial responsibilities did you personally own?
  • A AED 2,000,000 property sale completes with a 2% commission, a 50/50 agent split, and a referral fee. Walk us through how you would calculate the commission distribution, including VAT.
  • How do you ensure that no signed sale or tenancy agreement is ever left uninvoiced or uncollected? Please describe your tracking and follow-up system.
  • Which accounting software, CRM systems, and financial tools have you used? How do you reconcile expected versus received payments?
  • Confirm that you can work full-time, aligned with Dubai business hours, in a fully remote capacity.
  • Send application answers to: Priscila.Magboo@rhkproperties.com
  • Applications that skip these questions will not be reviewed.
  • *Question 2 serves as a practical assessment of Dubai real estate brokerage finance knowledge and experience.*
  • Pay: From AED3,000.00 per month

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