is seeking a detail-oriented Accountant with hands-on experience in real estate brokerage and off-plan transactions. The role requires strong knowledge of commission accounting, escrow handling, developer reconciliations, VAT compliance, and RERA-related financial controls within the UAE real estate market.
Key Responsibilities
A. Real Estate Accounting & Brokerage Operations
Maintain accurate accounting records for secondary sales, leasing, and off-plan transactions
Record and reconcile brokerage commissions, referral fees, and co-brokerage payouts
Track deal pipelines, invoicing, and commission receivables from developers and clients
Ensure proper accounting of sales reservations, booking forms, and SPA milestones
Monitor and reconcile client advances and escrow-related inflows (where applicable)
B. Off-Plan & Developer Accounting
Handle developer commission structures, slab-based and milestone payments
Reconcile developer statements, credit notes, and commission confirmations
Track post-handover and pre-handover commission receivables
Coordinate with sales/admin teams on deal closures and payment releases
C. VAT & Regulatory Compliance
Prepare and file UAE VAT returns related to brokerage and leasing activities
Ensure correct VAT treatment for:
Commission income
Leasing services
Commercial vs residential transactions
Maintain VAT-compliant tax invoices and supporting documentation
Support audits, FTA reviews, and compliance checks
D. Financial Reporting & Controls
Prepare monthly, quarterly, and annual financial reports
Maintain general ledger, accounts receivable, and accounts payable
Perform bank reconciliations and cash flow monitoring
Assist in budgeting, forecasting, and management reporting
Ensure compliance with internal financial controls and SOPs
E. Payroll, EOSB & Agent Commission Support
Assist in processing agent commissions, incentives, and clawbacks
Support payroll accounting, leave salary, gratuity (EOSB), and accruals
Maintain accurate records for MOHRE-related financial obligations
F. Coordination & Documentation
Liaise with sales teams, developers, auditors, and banks
Maintain organized financial documentation for RERA, DLD, and internal audits
Support management in financial decision-making and cost controls
Qualifications & Experience
Bachelor's degree in Accounting, Finance, or Commerce
5+ years of accounting experience, with minimum 5 years in UAE real estate
Proven experience in:
Real estate brokerage accounting
Off-plan developer commissions
UAE VAT for real estate transactions
Professional certifications (CA / ACCA / CMA) preferred
Technical Skills
Proficiency in Tally, QuickBooks, Zoho Books, or similar ERP systems
Strong knowledge of Excel (reports, reconciliations, commission tracking)
Familiarity with RERA / DLD financial practices is an advantage
Strong understanding of UAE VAT Law applicable to real estate
Core Competencies
High attention to detail and accuracy
Strong analytical and reconciliation skills
Ability to manage multiple deals and deadlines
Confidentiality and professional integrity
Effective coordination with sales and management teams
What We Offer
Competitive salary aligned with market standards
Professional growth within a fast-growing real estate group
Exposure to major developers and high-value off-plan projects
Supportive and compliance-driven work environment
Job Types: Full-time, Permanent
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