General Accountant
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Key skills for this role
About the Role
Kings Wood Real Estate LLC seeks a detail-oriented General Accountant to manage daily accounting operations including AP, AR, and general ledger. The role requires 2-3 years of accounting experience, preferably in UAE real estate, and knowledge of UAE VAT compliance.
Key Skills for This Role
Responsibilities
- Manage daily accounting operations including Accounts Payable, Accounts Receivable, and General Ledger transactions
- Process supplier/vendor invoices, payments, and reconciliations
- Manage customer invoices, collections, outstanding receivables, and account reconciliations
- Maintain accurate records of real estate sales transactions, brokerage commissions, and revenue entries
- Prepare and reconcile agent commission statements, incentives, and commission payments
- Process monthly payroll and WPS in compliance with UAE Labour Law
- Prepare and post journal entries, accruals, adjustments, and account reconciliations
- Perform bank, cash, intercompany, and general ledger reconciliations
- Support month end and year end closing activities
- Prepare financial reports, schedules, and management reports as required
- Ensure compliance with UAE VAT regulations and applicable accounting standards
- Coordinate with auditors and provide required financial documents during audit processes
Requirements
- Bachelor's degree in Accounting, Finance, Commerce, or related field
- Minimum 2 3 years of accounting experience, preferably in UAE
- Previous experience in real estate brokerage or services highly preferred
- Strong knowledge of accounting principles, reconciliations, and financial controls
- Experience with ERP/accounting software
- Strong proficiency in Microsoft Excel and MS Office
- Knowledge of UAE VAT compliance and financial reporting
Full Job Posting
About the Job
- We are seeking a detail oriented and experienced General Accountant to manage daily accounting operations and support our finance department in ensuring accurate financial reporting and compliance.
Key Responsibilities
- Manage daily accounting operations, including Accounts Payable, Accounts Receivable, and General Ledger transactions.
- Process supplier/vendor invoices, payments, and reconciliations with proper supporting documentation.
- Manage customer invoices, collections, outstanding receivables, and account reconciliations.
- Maintain accurate records of real estate sales transactions, brokerage commissions, and revenue entries.
- Prepare and reconcile agent commission statements, incentives, and commission payments.
- Track and reconcile developer commission receivables and customer payment collections.
- Process monthly payroll and WPS in compliance with UAE Labour Law requirements.
- Prepare and post journal entries, accruals, adjustments, and account reconciliations.
- Perform bank, cash, intercompany, and general ledger reconciliations.
- Support month end and year end closing activities.
- Prepare financial reports, schedules, and management reports as required.
- Monitor receivables ageing and support effective cash flow management.
Qualifications & Experience
- Bachelor's degree in Accounting, Finance, Commerce, or related field.
- ACCA, CA (Intermediate), CMA, CPA, or equivalent qualification is preferred.
- Minimum 2 3 years of accounting experience, preferably in UAE.
- Previous experience in real estate brokerage, real estate services, or related industries is highly preferred.
- Strong knowledge of accounting principles, reconciliations, and financial controls.
- Experience with ERP/accounting software.
- Strong proficiency in Microsoft Excel and MS Office.
- Knowledge of UAE VAT compliance and financial reporting.
Skills & Competencies
- Strong attention to detail and accuracy.
- Excellent analytical and problem solving skills.
- Strong understanding of reconciliations and financial reporting.
- Ability to manage multiple priorities and meet deadlines.
- Good communication and coordination skills.
- Ability to work independently and as part of a team.
- Strong organizational and documentation skills.
Additional Information
- Location: UAE
- Employment Type: Full time
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