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Associate Accountant

Modon
Abu Dhabi, UAE
Full-time
Entry
Onsite
Discovered 2 weeks ago
Property management accountingOwners Association accountingAccounts payableAccounts receivable and collectionsGeneral ledger accountingFinancial reporting
Free

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Key skills for this role

Property management accountingOwners Association accountingAccounts payable
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Accounting and Reporting

  • Maintain accurate books for multiple Owners Associations and Master Communities.
  • Allocate shared costs across towers and common areas and monitor fund utilization against approved budgets.
  • Prepare monthly and annual financial reports, analyse variances, and support timely month-end and year-end close.

Budgeting and Payables

  • Assist with annual service charge budgets and revised forecasts and flag expenditure overruns proactively.
  • Process vendor invoices, monitor aged payables, ensure timely payments, reconcile vendor balances, and address disputes.
  • Reconcile the accounts payable ledger to the general ledger and coordinate with operations team members.

Receivables and General Ledger

  • Manage Owners' receivables, monitor aging, support collection follow-ups, and reconcile owner accounts.
  • Perform monthly bank, fund, inter-entity, and balance sheet reconciliations.
  • Review and approve journal entries, accruals, and provisions.

Compliance and Team Support

  • Ensure compliance with Owners Association regulations and assist with VAT reports and filing.
  • Support audits through audit confirmations and schedules.
  • Support the Finance Manager with budgets, reporting packs, reconciliations, automation, and continuous improvement.

Qualifications

  • Bachelor's degree in Accounting, Finance, or Business.
  • CA, CPA, ACCA, or a Master's degree in Finance is required.

Experience and Competencies

  • At least eight years of finance experience, preferably in property management or Owners Association accounting.
  • Experience handling full-cycle accounts payable, accounts receivable, and general ledger accounting.
  • Experience in budgeting, MIS reporting, aging analysis, and monthly financial report preparation.
  • Hands-on experience in VAT reporting and compliance, including filing requirements.
  • Proficiency in ERP systems is required; property management platforms and Oracle Fusion are preferred.

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