Senior Accountant

AED 12,000 – 14,000

Our client, a prominent name in the region with a diversified portfolio of industries, is looking to recruit a Senior Accountant for their property division.  This is an exciting opportunity for an experienced Accountant with Real Estate experience in Dubai to join a new venture and luxury division of the organisation.

Responsibilities:

• Ensure preparation of financial statements and timely month end close
• Update financial models and budget allocations, utilizations and generate necessary variance reports, cost reports and sales analysis reports for projects under developments
• Ensure all the received invoices are authorized for payment as per the COA and related supporting documents are correct as well as complete to ensure account accuracy and effective cash flow management
• Record all receivables entries and prepare required Dubai Land Department forms
• Ensure timely processing of all receivables and buyer’s invoices, collections are on time and necessary bookings are performed in the ERP, update to then be made on the availability list whenever sales occur
• Ensure timely process of all suppliers' invoices as well as other accounts payable transactions to meet payment due dates
• Reconcile and maintain all ledgers and sub ledgers and prepare the monthly required reports and updates
• Obtain confirmation of receiving the services/materials in good condition before processing any invoice for payment
• Book all the creditors' invoices through the system after attaching relevant LPO, agreement/contract, and other supporting documents
• Ensure all the Accounts Payable / Receivable transactions are properly accounted for, by selecting the appropriate ledger accounts (Expense, Inter-company, Prepayment, Advance, Accrual, others
• AGP Intercompany balance Reconciliation on monthly basis
• Reconcile all banks and key accounts with AP / AR / WIP / revenue / Prepayments and Accruals
• Review all main contractor / sub-contractor and various suppliers' invoices, ensuring compliance with applicable policies and procedures

Requirements:

• Candidates must have a Degree in Accounting or Finance with 3-5 years’ experience working with a Real Estate developer in Dubai
• Knowledge and familiarity with Dubai Land Department requirements and forms
• Knowledge of bank Escrow and Excel Master file
• Excellent communication and excel skills

We apologise that we cannot reply to everybody however we do guarantee that we look at every application. If you have not had a response from us within 14 days, you can assume you haven’t been successful on this occasion.

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