Job Description

The Accountant will maintain accurate financial records, ensure compliance with UAE VAT and regulatory standards, and support management with timely reporting and financial insights. The role requires a strong understanding of real estate accounting practices, including revenue recognition from property sales and leasing, project costing, and property management.

Key Responsibilities:

· Financial Management: Maintain accurate financial records for all real estate transactions, including property sales, lease agreements, commissions, and escrow accounting.

· Bookkeeping & General Ledger: Record daily financial transactions related to real estate activities—sales, rental income, property expenses, and collections.

· Financial Statements: Prepare monthly, quarterly, and annual financial statements including profit & loss, balance sheet, and cash flow specific to real estate operations.

· Bank Reconciliation: Conduct bank reconciliations, including project accounts, ensuring proper fund allocation and compliance.

· Accounts Payable & Receivable: Manage real estate-specific AP/AR cycles—supplier payments, developer commissions, rental collections, and receivables aging.

· VAT & Tax Compliance: Ensure compliance with UAE VAT laws on real estate transactions including commercial/residential classifications and prepare VAT filings accurately.

· Budgeting & Forecasting: Assist in preparing project wise budgets, cash flow forecasts, and expense tracking for development and leasing projects.

· Audit Support: Coordinate with external auditors, preparing real estate-specific reports and supporting documents including tenancy contracts and escrow records.

· Management Reporting: Generate financial reports with KPIs on property sales, occupancy rates, rental yields, and project profitability.

· Cost & Margin Analysis: Provide analysis on project margins, cost controls, and pricing structures for real estate developments.

· Compliance & Documentation: Ensure adherence to RERA, DLD, and other regulatory body requirements in financial documentation and reporting.

· Ad-hoc Financial Support: Support leadership with data-driven financial insights for feasibility studies, investment decisions, and cost optimization initiatives.

What We’re Looking For:

· Bachelor’s degree in Accounting or Finance (CA Inter / CPA / ACCA preferred).

· 3 to 4 years of accounting experience, with at least 1+ years in the UAE real estate industry (mandatory)

· Strong understanding of real estate finance, escrow management, and VAT application in property transactions.

· Proficiency in accounting software (e.g., Zoho Books, QuickBooks, Tally); ERP or CRM experience in real estate is a plus.

· Strong MS Excel skills (pivot tables, dashboards, VLOOKUPs, etc.).

· Ability to work independently, manage multiple priorities, and meet deadlines.

Why Join Us?

· Be part of a dynamic, diverse team driving a fast-growing multi-brand group.

· Work in a collaborative environment where ideas come to life.