Job Description

The Role
Responsible for all aspects of the Accounts Receivable processes and organization including assisting the Accounts Receivable manager in drafting and streamlining policies & procedures, internal controls, people development, process change, continuous improvement and efficient processes. Key Accountabilities: . Revenue recognition and revision of revenue recognition. . Prepare Customer Ageing Report- Monthly. Scrutiny of debtors ageing analysis. . Ensuring that the differences with salesforce are mapped and provide ageing report to collection team. . Prepare provisions for Ageing. . Scrutiny of all AR balances as they appear in GL and ensure that monthly schedules are prepared. . Verify internal and external broker commissions . Ensure Internal and external audit requirements are met. . Cash collection reconciliation from Accounts Receivable to General Ledger . Identify and implement operational efficiencies and control measures. . Develop and maintain transparent reporting of issues, communication of actions taken and elevation where appropriate. . Coordinate and complete RERA escrow audits for all BTS projects . Complete and submit AML reports to Treasury on monthly basis . Ensure team completes the balance sheet schedules related to AR function . Monthly closing of books for AR . Review of balance sheet schedules for AR operations and ensure timely update. Key Performance Indicators: . Accuracy and correctness of monthly revenue recognition . Meeting SLAs on Broker Commission Validation . Timely closure of books on monthly basis . Process improvement and efficiency
Requirements
Minimum Qualifications and Knowledge: . Graduate in Accounting / Finance / Commerce . Qualified Chartered Accountant is preferred . Big 4 accounting firm experience is preferred Minimum Experience (number of years): . 6 to 7 years of professional experience (Preferable Real Estate industry knowledge) Job Specific Technical Skills: . Thorough understanding of IFRS 15 . Thorough understanding of accounting entries . Working knowledge of ERPs and Accounting systems (knowledge of oracle, sales force and Yardi is preferred) . Attention to detail and able to work in a non-structured environment. . Ability to work in fast-paced environment with multiple deadlines. . Strong team orientation, exceptional work ethic. . Familiarity with best practices related to purchase and payable cycle . Detailed understanding of UAE VAT law as applicable to AR cycle Job-specific Complexity: . Handling multiple books of accounts and ledgers . Dealing with high volume of transactions . Tight turn-around SLAs
About the company
Dubai Properties leverages its impressive legacy as a reliable developer to elevate Dubais status as a global icon. With almost two decades of expertise designing and developing sought-after residential master communities across waterfront, urban, and suburban locations, Dubai Properties addresses every aspect of the real estate landscape. Its communities - home to an array of residents and happy families - include JBR, Jaddaf Waterfront, La Vie, 1/JBR, Bellevue Towers, Remraam, Mudon and Villanova to name a few. Dubai Properties also offers institutional investors access to an extensive land portfolio for development opportunities. All the initiatives aim to enrich the lives of residents and visitors, bringing a vast collection of living experiences to the Emirates.