Accountant (Real Estate & Treasury Experience)

  • Contract
  • Dubai
  • Posted on October 30, 2024

Job Summary:
We are looking for a skilled Accountant with expertise in treasury management and real estate industry experience to join our Finance team. The ideal candidate will handle daily accounting operations, assist in managing cash flows, and ensure compliance with financial and regulatory standards. This role is crucial for maintaining accurate financial records, supporting cash and liquidity management, and contributing to the company’s strategic financial decisions.

Key Responsibilities:
General Accounting:

Maintain accurate and complete financial records by preparing and posting journal entries.
Perform month-end and year-end closing procedures, ensuring timely financial reporting.
Reconcile general ledger accounts, including real estate assets, expenses, and income statements.

Cash and Treasury Management:

Monitor daily cash balances, manage liquidity, and ensure optimal cash flow for real estate projects.
Assist in preparing cash flow forecasts, considering payment schedules, real estate acquisitions, and project timelines.
Support bank reconciliations, process banking transactions, and liaise with financial institutions for treasury functions.

Accounts Payable and Receivable:

Manage accounts payable and receivable processes, including vendor and tenant payments.
Process and monitor invoices, ensuring accuracy and adherence to company policies.
Review and reconcile real estate receivables, coordinating with property management for timely collections.

Financial Reporting and Compliance:

Prepare periodic financial statements and reports, ensuring compliance with regulatory and internal policies.
Assist with audits and provide necessary documentation to auditors, ensuring transparency and compliance.
Ensure compliance with tax regulations specific to the real estate industry, including VAT and other relevant requirements.

Budgeting and Forecasting Support:

Collaborate with project teams to provide accurate financial data for budgeting and forecasting.
Track and analyze financial performance across real estate projects and provide insights to management.
Contribute to financial modeling for new real estate investments and provide treasury-related insights.

Qualifications and Skills:
Education: Bachelor’s degree in Accounting, Finance, or a related field; CPA or CMA certification is a plus.
Experience: Minimum of 3–5 years in accounting roles, with specific experience in the real estate sector and treasury management.
Skills:
Proficiency in financial software.
Advanced Microsoft Excel skills,
Strong understanding of cash flow management, investment, and real estate asset management.
Detail-oriented with excellent analytical and problem-solving skills.
Strong organizational and communication skills for collaborating across teams and with financial institutions.

Key Competencies:
Knowledge of real estate accounting principles and treasury functions.
Ability to manage multiple priorities in a fast-paced environment.
Familiarity with regulatory requirements in real estate finance and treasury operations.

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