indeed
Junior Accountant
touifaik properties
Dubai, UAE
Full Time
Entry
Onsite
AED 2,000/month / month
2 weeks ago
BookkeepingAccounts PayableAccounts ReceivableFinancial ReportingBudgetingVAT Compliance
Free
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BookkeepingAccounts PayableAccounts Receivable
About the Role
Touifaik Properties is seeking a Junior Accountant to manage financial records, accounts payable/receivable, reporting, budgeting, tax compliance, and audit support.
Key Skills for This Role
BookkeepingAccounts PayableAccounts ReceivableFinancial ReportingBudgetingVAT Compliance
Responsibilities
- Maintain accurate and up to date records of financial transactions, including rent collections, property expenses, and vendor payments
- Reconcile bank statements and ensure proper bookkeeping
- Process invoices and ensure timely payments to suppliers and contractors
- Monitor accounts receivable and follow up with tenants or clients on overdue payments
- Prepare monthly, quarterly, and annual financial statements and reports
- Assist in generating cash flow analyses and property performance metrics
- Support senior accountants in preparing budgets for property maintenance, renovations, and operational expenses
- Assist in tracking budget variances and reporting discrepancies
- Support the preparation and filing of tax returns, including VAT and property taxes
- Ensure compliance with local regulations regarding financial reporting and taxation
- Assist in internal and external audits by providing necessary documentation and clarifications
- Use accounting software such as QuickBooks, Yardi, or other real estate management tools for financial tracking
Requirements
- Bachelor's degree in Accounting, Finance, or a related field
- 0 2 years of experience, preferably in real estate or a related industry
- Proficiency in accounting software, MS Excel, and familiarity with real estate specific tools
- Strong attention to detail, organizational skills, and ability to meet deadlines
- Basic understanding of real estate accounting principles, property management, and local tax regulations
Full Job Posting
Key Responsibilities
- Maintain accurate and up to date records of financial transactions, including rent collections, property expenses, and vendor payments.
- Reconcile bank statements and ensure proper bookkeeping.
- Process invoices and ensure timely payments to suppliers and contractors.
- Monitor accounts receivable and follow up with tenants or clients on overdue payments.
- Prepare monthly, quarterly, and annual financial statements and reports.
- Assist in generating cash flow analyses and property performance metrics.
- Support senior accountants in preparing budgets for property maintenance, renovations, and operational expenses.
- Assist in tracking budget variances and reporting discrepancies.
- Support the preparation and filing of tax returns, including VAT and property taxes.
- Ensure compliance with local regulations regarding financial reporting and taxation.
- Assist in internal and external audits by providing necessary documentation and clarifications.
- Use accounting software such as QuickBooks, Yardi, or other real estate management tools for financial tracking.
Skills and Qualifications
- Education: Bachelor’s degree in Accounting, Finance, or a related field.
- Experience: 0 2 years of experience, preferably in real estate or a related industry.
- Technical Skills: Proficiency in accounting software, MS Excel, and familiarity with real estate specific tools.
- Soft Skills: Strong attention to detail, organizational skills, and the ability to meet deadlines.
- Knowledge: Basic understanding of real estate accounting principles, property management, and local tax regulations.
Performance Metrics
- Timeliness and accuracy in financial reporting.
- Reduction in outstanding receivables.
- Compliance with tax filing deadlines.
- Efficient use of accounting tools to streamline processes.
Job Timing
- Monday to Friday, from 8:00 am to 6:00 pm
Salary and Benefits
- Salary 2000 AED to 3000 AED
- Free accommodation
- Free medical insurance
- Free transportation
- 30 days paid vacation every year with flight ticket
- 1 month salary bonus end of every year
Work Location
- In person
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