Accounts Executive-Real Estate

We are seeking a detail-oriented and experienced Accountant to manage the financial operations of our real estate business. The role involves handling accounting transactions, preparing financial reports, and ensuring compliance with all relevant regulations.
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Key Responsibilities
• Bookkeeping: Maintain accurate and up-to-date books of accounts for all real estate projects and entities.
• Transaction Recording: Record daily accounting entries such as sales, purchases, receipts, payments, and journal vouchers.
• A/P & A/R: Handle accounts payable and receivable, including supplier invoices, client payments, and commission settlements.
• Reporting: Prepare monthly, quarterly, and annual financial statements and management reports.
• Reconciliation: Reconcile bank statements, customer accounts, and supplier ledgers.
• Cost Monitoring: Monitor project-related costs, rental income, service charges, and other real estate-related revenues and expenses.
• Budgeting: Assist in budgeting, forecasting, and cash flow management for ongoing projects.
• Asset Management: Manage the accounting aspects of property sales, transfers, and leasing contracts.
• Compliance & Audit: Liaise with auditors, banks, and government authorities as required.
• Tax Compliance: Ensure compliance with VAT regulations and assist with VAT filing and documentation.
• Decision Support: Support management in financial decision-making by providing timely and accurate financial data.
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Qualifications & Skills
• Education: Bachelors Degree in Accounting, Finance, or a related field.
• Certification: Professional certification (e.g., ACCA, CPA, CMA) is an advantage.
• Experience: 2-3 years of accounting experience, preferably in the real estate sector.
• Knowledge: Strong understanding of accounting principles, real estate transactions, and project accounting.
• Software: Proficient in accounting software.
• Technical Skills: Excellent Excel and reporting skills.
• Attributes: Strong attention to detail, accuracy, and analytical skills.
• Work Ethic: Ability to work independently and meet deadlines.
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Preferred Experience
• Handling developer accounts, real estate brokerage commissions, and escrow accounts.
• Knowledge of UAE VAT and real estate compliance regulations (if applicable).
• Experience coordinating with developers, agents, and property management teams