Accountant Real Estate Background

Black Pearl Consult
Abu Dhabi
AED 120,000 - 200,000
Job description

Our client, a well-known Investment & Holding Company, is currently looking for an Accountant CA Inter to be based in Abu Dhabi, UAE. In this role, your responsibilities would include but are not limited to:

  • Verify and record all financial transactions such as Journal Vouchers, Payment & Receipt Vouchers related to the operations at entities owned privately by H.E.
  • Lead the collection and accurate allocation of residential and commercial rents of the Investment Properties within these entities.
  • Review and verify purchases and other expense invoices for entries.
  • Ensure all financial transactions related to the entities are promptly recorded and monthly management reports are generated. Sufficient support schedules are to be filed and reported as necessary.
  • Monthly financial statements must contain explanations for major variances; discussed with the respective Head of the entities and support teams.
  • As required by the Chairman, regular consolidation of financial statements for the different private entities.
  • Verify bank receipts and payments and prepare monthly reconciliation statements for all bank accounts held by each entity, liaising with the bankers for any operational requirements.
  • Ensure all information required by external and internal auditors is organized within the allowed timeframe and perform all necessary tasks to conclude audit engagements successfully.
  • Liaise with finance departments across the other family office and related corporate group HQ as the preliminary finance operative point of contact for H.E.'s Private Office.
  • Compile and issue a daily dashboard extracted from daily operating reports received from the businesses. Ensure sufficient due diligence is performed to intercept errors or inaccuracies before reporting.
  • Create, manage, and safeguard a repository for all finance department-related documentation, not limited to all modes of vouchers, invoices, statements, etc., for Group HQ and subsidiaries managed at HQ.
  • Compile periodic financial reports of all capital (CAPEX) projects overseen by H.E. along with the projects team lead.
  • Review the finance and accounting procedures currently in place and recommend improvements to procedures and creation of policy documents to safeguard compliance.
  • Any other ad hoc responsibilities as and when they arise.

Requirements: To be considered, you need to meet the following requirements:

  • Minimum 3 to 5 years of experience in the UAE, preferably within the real estate sector.
  • Experience working with a brokerage real estate company or a property management firm with strong knowledge of leasing, property sales, and property management.
  • Educational qualifications: Ideally a Master’s in Commerce or a Bachelor’s degree along with CA Inter certification.
  • Experience with EPMS (or similar ERP accounting software) is preferred.
  • The ideal candidate should be committed, proactive, and capable of taking initiative.
  • Availability to join immediately or within a maximum notice period of 1 month.
  • Must be willing to work in Abu Dhabi.
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