We are looking for a Senior Accountant to manage accounting and financial operations for our residential real estate projects. The ideal candidate will have strong knowledge of accounting principles, real estate transactions, and project-related financial processes, and must be able to work independently.
Key Responsibilities:
- Manage day-to-day accounting operations, including accounts payable, accounts receivable, bank reconciliations, and journal entries.
- Prepare, review, and monitor project budgets, cost reports, and cash flow statements for residential developments.
- Handle financial transactions related to unit sales, reservations, escrow accounts, sales proceeds, and management fees.
- Process Sales Purchase Agreement (SPA) payments, NOCs, transfer fees, and broker commissions.
- Maintain accurate financial records for projects, ensuring compliance with company policies and RERA/DLD regulations.
- Assist in preparing monthly, quarterly, and annual financial statements and reports.
- Track project expenditures, variation orders (VOs), and contractor payments.
- Coordinate with auditors, banks, and internal departments for financial reporting and reconciliations.
- Ensure all accounting activities follow UAE accounting standards and internal controls.
- Support management with financial analysis, forecasts, and cost optimization initiatives.
Qualifications
- Bachelor's degree in accounting, Finance, or related field.
- Minimum 3-5 years of experience in accounting, preferably with a real estate developer in Dubai.
- Strong knowledge of real estate accounting, escrow processes, and project-based financial management.
- Proficiency in ERP accounting software, Zoho, Odoo, MS Excel, and financial reporting tools.
- Ability to work independently, manage multiple projects, and ensure accuracy and timeliness.
- Familiarity with UAE tax regulations, VAT compliance, and RERA/DLD financial requirements.
- Strong analytical, communication, and problem-solving skills.
