Real Estate Accountant
- united arab emirates
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- Full time
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- On site
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- Deadline: 01/10/2024
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Do you have background and experience in real estate developing in the united arab emirates? Do you have knowledge of accounting and IFRS standards? If yes, read more and apply today!
About our client:
Our client is a Dubai-based development company, where excellence meets innovation. From luxury residential properties to cutting-edge real estate developments, they are committed to crafting inspiring spaces. With a passion for pushing boundaries, they deliver unparalleled quality in every project. Join their team as they shape Dubai's future with vision and dedication.
Roles and Responsibilities:
- This role is a bridge between the finance and sales department. There is a strong focus on correctly passing the information between the departments, understanding the status of payments and the requirements of each department.
- Managing customer payments, including down payments, regular installsments, and using various payment methods for property purchases.
- Facilitating local and international bank transfers for buyers' units.
- Recording payments from banks into our Customer Experience Management (CEM) system.
- Collaborating with administration to finalise unit reservations and bookings.
- Overseeing the accounts payable and receivable modules within our accounting software.
- Compiling balance sheets to illustrate profit and loss.
- Gathering and updating documentation across all platforms.
- Ensuring accurate financial filing.
- Verifying accounts payable and receivable, cross-referencing invoices, and authorising payments or receipts.
- Compiling data for final payments and accounts receivable reports.
- Allocating payments to internal accounts and maintaining meticulous transaction records.
- Managing accounts for multiple owners' associations, from recording transactions to coordinating statutory audits.
- Engaging in managing ESCROW accounts with the finance team, providing accurate customer payment and accounts receivable information.
- Participating in the developer's Trust Account System (TAS) introduced by regulatory departments, allocating payments per purchase agreements.
- Direct interaction with clients to handle payments and ensure accurate system allocation.
- Conducting thorough checks on Sales Purchase Agreements (SPAs), verifying information provided by the sales team including customer details, status, and finance reports.
- Issuing properly documented invoices and tracking payments according to payment plans.
- Submitting sales information to finance and maintaining proficiency in CRM tools such as BITRIX.
- Seeking candidates with a background in economics or accounting, capable of initiating and preparing tasks effectively.
Requirements:
- Real Estate Developer’s Experience in UAE.
- Real Estate or Construction background.
- Knowledge of accounting standards in the UAE.
- Knowledge of IFRS Standards
- Bookkeeping experience
- Experience using firstbit software.
- Russian proficiency.
Are you the one we are looking for ?
Are you the one we are looking for ?
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