The role focuses on ensuring real estate clients comply with UAE RERA regulations, conduct accurate JOP financial audits, and assist in budget reviews and advisory services for Owners Associations (OA).
Job Responsibilities:
Conduct internal and external audits of real estate developers, property managers, and Owners Associations ensuring compliance with RERA and DLD regulations.
Audit and review Escrow accounts and project financial statements in line with RERA requirements.
Verify compliance of developers and property management with RERA laws and obligations.
Perform detailed financial audits for Jointly Owned Properties (JOP) as per RERA's Jointly Owned Property Law and OA requirements.
Ensure transparent financial reporting for Owners Associations and stakeholders.
Review and validate annual budgets of Owners Associations ensuring accuracy and regulatory compliance.
Conduct variance analysis between budgeted and actual expenditures.
Provide recommendations on cost optimization and budget control to OA Board and property managers.
Prepare audit reports, financial review summaries, and compliance reports with risk analysis and corrective actions.
Advise clients on RERA documentation, registration, and renewal processes.
Assist clients in preparing and submitting financial reports to RERA and DLD.
Liaise with RERA, DLD, and other regulatory bodies to ensure statutory obligations are fulfilled.
Stay updated on RERA, JOP laws, and UAE real estate industry practices.
Qualifications & Skills:
Bachelor's Degree in Accounting, Finance, or equivalent.
CIA, CA, ACCA, CPA preferred.
Minimum 2-years experience in Real Estate Audit & Compliance with strong exposure to RERA, JOP financial audits, and OA budget reviews.
In-depth knowledge of RERA Laws, Jointly Owned Property Laws, Escrow requirements, and financial reporting standards for OAs.
Strong analytical, audit planning, and reporting skills.
Excellent communication and stakeholder management skills.
Proficiency in Microsoft Office and accounting software.
Fluency in English (Arabic is an advantage).
Job Type: Full-time
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