Senior Accountant– Real Estate
Role Overview
The Senior Accountant manages finance operations and supports commercial, sales, and customer lifecycle processes in a UAE real estate development business.
The role works with Sales, CRM, Legal, Customer Service, Projects, and Senior Management from customer booking through project handover.
Key Skills for This Role
Full Job Posting
Position overview
The Senior Accountant manages finance operations and supports commercial, sales, and customer lifecycle processes in a UAE real estate development business.
The role works with Sales, CRM, Legal, Customer Service, Projects, and Senior Management from customer booking through project handover.
SPA management
- Review and validate Sales Purchase Agreements before execution and check financial terms against approved pricing, payment plans, policies, and approvals.
- Monitor customer payment schedules and milestone collections; coordinate SPA amendments, transfers, and cancellations with Sales and Legal.
- Verify booking amounts, installments, discounts, incentives, rebates, and special approvals.
- Ensure revenue recognition aligns with executed SPAs and IFRS requirements.
CRM and sales accounting
- Use Salesforce CRM or similar real estate CRM platforms to monitor sales transactions and customer payment status.
- Reconcile CRM sales records with ERP and accounting systems; monitor booking status, payment milestones, customer ledgers, and payment history.
- Report on collections, sales performance, outstanding balances, revenue tracking, and broker and sales commission calculations.
- Coordinate data integrity across Sales, Collections, Finance, and CRM teams; support automation of commissions, payment tracking, and invoice monitoring.
Collections and receivables
- Monitor customer receivables, booking payments, installments, and post-handover payments; coordinate follow-up on overdue accounts.
- Prepare customer aging reports, receivables analysis, reconciliations, and collection forecasts.
- Support customer refunds, account settlements, and payment adjustments where applicable.
Finance, project accounting, and compliance
- Manage finance and accounting operations, prepare management reports, and provide financial insights for business decisions.
- Manage project accounting and monitor development expenditure; oversee escrow accounts and project cash movements under regulatory requirements.
- Review payment approvals, treasury transactions, and fund disbursements.
- Apply UAE VAT correctly to real estate transactions and maintain audit-ready financial records.
- Ensure compliance with RERA regulations, AML requirements, escrow regulations, and other UAE real estate standards.
Qualifications and experience
- Bachelor's degree in Finance, Accounting, Commerce, or a related discipline.
- 8–10 years of finance experience, including 5–8 years within a UAE real estate developer organization.
- Strong expertise in Sales Purchase Agreements and developer finance operations.
- Hands-on experience with Salesforce CRM, ERP systems, and real estate financial systems.
- Strong experience in collections, receivables, installment payment plans, and revenue accounting.
- Strong analytical, leadership, communication, problem-solving, and stakeholder management skills.
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