Project Accountant (Property Management)
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Key skills for this role
About the Role
Kaizen Asset Management Services is seeking a detail-oriented Junior Accountant to support the finance team with accounting tasks in property management. The role involves financial record-keeping, accounts payable/receivable, budgeting, compliance, and using property management software.
Key Skills for This Role
Responsibilities
- Maintain accurate and up to date records of all financial transactions related to property management
- Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements
- Reconcile bank statements and ledger accounts monthly
- Process and manage invoices from suppliers and service providers, ensuring timely payments
- Assist in the collection of rent and other fees from tenants, and follow up on overdue payments
- Help in the preparation of annual budgets for property management
- Ensure that all financial activities comply with relevant laws, regulations, and company policies
- Assist in internal and external audits by providing necessary documentation
- Perform basic financial analysis to support decision making
- Calculate and allocate service charges to tenants based on usage and lease agreements
- Maintain accounts for individual properties, ensuring all property related income and expenses are recorded accurately
- Use property management and accounting software (e.g., QuickBooks, Yardi, Mollak) to perform daily accounting tasks
Requirements
- Bachelor's degree in Accounting, Finance, or a related field
- Proficiency in accounting software and Microsoft Office Suite (especially Excel)
- Strong analytical skills with attention to detail
- Good written and verbal communication skills
- Strong organizational and time management skills
- Ability to work well in a team and collaborate with other departments
Full Job Posting
About the Role
- KAIZEN Asset Management Services, a leading property management firm in Dubai, is seeking a detail oriented and motivated Junior Accountant to join our team.
- As a Junior Accountant at Kaizen, you will gain valuable experience in supporting the finance team with various accounting tasks and ensuring accurate and timely financial reporting.
- You will be responsible for assisting with the general accounting functions, maintaining financial records, preparing financial reports, and supporting other members of the finance team.
Responsibilities
- Maintain accurate and up to date records of all financial transactions related to property management.
- Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
- Reconcile bank statements and ledger accounts monthly to ensure consistency and accuracy.
- Process and manage invoices from suppliers and service providers, ensuring timely payments.
- Assist in the collection of rent and other fees from tenants, and follow up on overdue payments.
- Keep track of accounts receivable and ensure that all payments are accounted for and properly posted.
- Help in the preparation of annual budgets for property management, including projecting future revenues and expenses.
- Regularly compare actual financial results against the budget and report any variances to senior management.
- Ensure that all financial activities comply with relevant laws, regulations, and company policies.
- Assist in internal and external audits by providing necessary documentation and responding to audit inquiries.
- Perform basic financial analysis to support decision making, such as analyzing trends in income and expenses.
- Calculate and allocate service charges to tenants based on usage and lease agreements.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- Proficiency in accounting software and Microsoft Office Suite (especially Excel).
- Strong analytical skills with attention to detail.
- Good written and verbal communication skills.
- Strong organizational and time management skills to handle multiple tasks effectively.
- Ability to work well in a team and collaborate with other departments.
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