Accountant- Real estate
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Key skills for this role
About the Role
Financial Accounting & Reporting Maintain accurate books of accounts for real estate projects and properties Prepare monthly, quarterly, and annual financial statements Track project-wise profitability and cost allocation Reconcile bank accounts, tenant accounts, and project ledgers 2.
Key Skills for This Role
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1. Financial Accounting & Reporting
- Maintain accurate books of accounts for real estate projects and properties
- Prepare monthly, quarterly, and annual financial statements
- Track project-wise profitability and cost allocation
- Reconcile bank accounts, tenant accounts, and project ledgers
2. Property & Project Accounting
- Record and monitor construction costs, development expenses, and capital expenditures
- Maintain unit-wise/property-wise financial records
- Track revenue from sales, rentals, and service charges
- Ensure proper capitalization of assets and work-in-progress (WIP)
3. Accounts Receivable & Payable
- Manage tenant receivables, rent collections, and follow-ups
- Process vendor invoices and ensure timely payments
- Monitor aging reports for receivables and payables
4. Budgeting & Forecasting
- Assist in preparation of project budgets and cash flow forecasts
- Monitor variances between actual and budgeted costs
- Support management in financial planning for real estate developments
5. Compliance & Audit
- Ensure compliance with local accounting standards and regulations (e.g., UAE VAT laws if applicable)
- Support internal and external audits
- Maintain documentation for all financial transactions
6. Coordination & Stakeholder Management
- Coordinate with property management, sales, and project teams
- Liaise with banks, auditors, and regulatory bodies
- Provide financial insights to management for decision-making
Requirements
- Bachelor’s degree in Accounting, Finance, or related field
- Professional qualification (ACCA/CA/CMA) is an advantage
- 3–6 years of accounting experience, preferably in real estate or construction
- Strong knowledge of accounting software (Tally, SAP, Oracle, or similar)
- Good understanding of UAE VAT regulations (preferred)
- Strong analytical and reporting skills
- Attention to detail and ability to manage multiple projects
- Female candidates preferred.
- Pay: AED5,500.00 - AED6,000.00 per month
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