RealEst Accountant Job UAE

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Can you please write job description for real estate accountant in uae

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: Real Estate Accountant (UAE)

Position Overview: We are seeking a skilled and detail-oriented Real Estate Accountant to join our team in the UAE. As a Real Estate Accountant, you will be responsible for managing the financial aspects of our real estate operations, ensuring accuracy, compliance, and efficient financial reporting. You will play a critical role in analyzing financial data, maintaining records, preparing financial statements, and providing insightful recommendations to drive financial growth and profitability in our real estate ventures.

Key Responsibilities:

Financial Management: Oversee all financial activities related to real estate operations, including budgeting, forecasting, financial analysis, and reporting. Monitor cash flows, manage accounts payable and receivable, and ensure timely and accurate payment processing.

Financial Reporting: Prepare financial statements, including income statements, balance sheets, and cash flow statements, in accordance with UAE accounting standards. Generate accurate financial reports and provide regular updates to management, highlighting key financial insights and performance metrics.

Tax Compliance: Ensure compliance with local tax regulations and liaise with relevant authorities on matters related to tax filings, VAT reporting, and other statutory requirements. Stay updated with changes in tax laws and implement necessary adjustments in financial practices.

Cost Control and Analysis: Monitor expenses and analyze cost drivers to identify areas of improvement and cost-saving opportunities. Provide recommendations to optimize financial performance, increase profitability, and enhance operational efficiency.

Budgeting and Forecasting: Collaborate with stakeholders to develop annual budgets and financial forecasts for real estate projects. Track actual performance against budgets, identify variances, and provide insightful analysis to support decision-making processes.

Financial Audits: Coordinate with internal and external auditors to facilitate the completion of financial audits for real estate entities. Ensure compliance with audit requirements, address audit queries, and implement recommended improvements.

Lease Management: Assist in lease administration, including reviewing lease agreements, tracking rental income, and ensuring accurate and timely invoicing and collection of rents. Collaborate with property management teams to resolve any financial discrepancies.

Financial Systems and Processes: Evaluate and enhance financial systems, tools, and processes to streamline operations, improve data accuracy, and enhance reporting capabilities. Identify opportunities to leverage technology for automation and efficiency gains.

Compliance and Risk Management: Maintain a thorough understanding of regulatory requirements and industry best practices. Implement internal controls to mitigate financial risks and ensure adherence to policies and procedures.

Qualifications and Requirements:

Bachelor\'s degree in Accounting, Finance, or a related field. Professional certifications such as ACCA, CPA, or CMA are highly desirable.

Proven experience as an Accountant in the real estate industry, preferably in the UAE.

Strong knowledge of UAE accounting standards and tax regulations.

Proficiency in accounting software and financial management systems.

Excellent analytical skills and attention to detail.

Advanced proficiency in Microsoft Excel for financial analysis and modeling.

Effective communication and interpersonal skills.

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

Join our team as a Real Estate Accountant and contribute to the financial success of our real estate ventures in the UAE. Apply now and be part of our dynamic and growi

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