Dubai Job Vacancy Dubai Job Vacancy
Related Articles
Key Responsibilities:
Financial Reporting:
Prepare and maintain accurate financial statements related to the company’s real estate portfolio, including property income, expenses, and asset valuations.
Ensure compliance with real estate accounting standards and regulations.
Property Management Accounting:
Manage financial records for real estate transactions, including property acquisitions, sales, leasing, and property management.
Oversee the calculation and recording of depreciation for real estate assets.
General Ledger Management:
Maintain the general ledger with a focus on real estate-specific accounts.
Reconcile accounts related to property transactions, including mortgage payments, rent collections, and escrow accounts.
Budgeting and Forecasting:
Assist in preparing budgets and financial forecasts specific to real estate projects and operations.
Monitor and report on actual performance versus budget, providing variance analysis.
AML Compliance:
Ensure compliance with Anti-Money Laundering (AML) regulations by monitoring financial transactions related to real estate activities.
Implement and maintain AML policies and procedures, ensuring all real estate transactions are vetted for compliance.
Tax Compliance:
Prepare and file tax returns with a focus on real estate-related tax obligations, including property taxes and capital gains.
Stay informed about changes in real estate tax laws and ensure compliance.
Audit Support:
Assist with internal and external audits by providing documentation related to real estate transactions and financials.
Address audit findings related to real estate accounts and processes.
Accounts Payable/Receivable:
Oversee the processing of payments related to property expenses, vendor invoices, and contractor payments.
Ensure timely collection of rents, fees, and other receivables associated with the real estate portfolio.
Financial Analysis:
Conduct financial analysis of real estate investments, including ROI, cash flow, and profitability assessments.
Provide insights and recommendations to management for optimizing financial performance.
Process Improvement:
Identify and implement process improvements in real estate accounting operations to enhance efficiency and accuracy.
Develop and maintain accounting policies and procedures specific to real estate transactions.
Compliance and Risk Management:
Ensure compliance with company policies, real estate regulations, and internal controls.
Monitor financial risks related to real estate investments and operations, and recommend mitigation strategies.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a related field.
CPA or equivalent certification preferred.
Proven experience as an Accountant in the real estate industry.
Proficiency in accounting software (e.g., Yardi, QuickBooks, SAP) and Microsoft Office Suite, particularly Excel.
Strong understanding of real estate accounting principles and financial reporting.
Excellent analytical, problem-solving, and organizational skills.
APPLY FROM LINK BELOW:
https://www.linkedin.com/jobs/view/4007340376/?
