Sr. Accountant Real Estate Development

Dubai, DU, AE, United Arab Emirates

Job Description

We are currently seeking a highly skilled Senior Accountant with UAE experience, specifically in trading companies within the building materials industry. The ideal candidate will have experience managing stock and data for manufacturing and trading operations.

Position

- Sr. Accountant

Experience

- 7 years in UAE

Location:

Dubai, UAE

Salary:

12,000 AED

We are seeking a

Senior Accountant

with

proven experience in real estate development accounting

-- specifically within

off-plan property projects

(not brokerage). This role involves managing the full financial cycle from project launch to handover, ensuring compliance with

Escrow, RERA, and VAT regulations

, and delivering clear financial insights to management.

If you've worked with leading

UAE developers

and can confidently manage

TAS, RT reporting, audits, and project-level financials

, this position offers an excellent opportunity to grow within a fast-paced, development-focused environment.

Key Responsibilities



Manage the

complete financial cycle

for off-plan developments -- from project launch to handover. Handle

milestone-based revenue recognition

, cost allocation, and

project budgeting

. Oversee

Escrow, Retention, and Oqood accounts

, ensuring full compliance with

TAS and RERA

requirements. Prepare

income statements, project cash flows

, and annual budgets at both

corporate and project levels

. Manage

escrow and non-escrow accounting

: AP/AR, reconciliations, GL entries, and month-end close. Reconcile

banks, suppliers, WIP, advances, retentions

, and related party accounts. Liaise with

banks and DLD

for project financing, mortgage approvals, and funding arrangements. Review and verify

contracts

with agents, contractors, and consultants; support

JVs and acquisitions

. Maintain

VAT registers

, assist in quarterly

VAT filing

, and manage refund claims. Coordinate and prepare documentation for

RERA, FTA, and statutory audits

. Prepare

feasibility studies and financial models

to support management and lenders. Ensure full

IFRS compliance

, especially under off-plan revenue recognition standards. Collaborate with

sales and collections teams

, generating SOAs and follow-up reports when required.

Requirements



Bachelor's degree in

Accounting, Finance

, or a related field.
(Master's or ACCA/CA/CPA qualification is an advantage.)

5-7 years of experience

in accounting, with

at least 3 years in a UAE real estate development firm

. Proven track record in

off-plan project accounting

,

Escrow compliance

, and

RERA reporting

. Deep understanding of

UAE real estate accounting

,

TAS

,

RT

,

VAT

, and

IFRS standards

. Proficiency in

QuickBooks, Odoo

, and

advanced Excel

;

ERP experience

required. Strong analytical and communication skills, with the ability to manage multiple projects simultaneously.
Job Type: Permanent

Pay: AED10,000.00 - AED12,000.00 per month

Application Question(s):

Do you have experience in real estate development accounting (not brokerage). Do you have experience with off-plan project accounting, escrow, TAS, VAT, RERA, DLD, and UAE financial regulations
Experience:

Accounting in real estate developer: 7 years (Required)
Location:

* Dubai (Required)

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Job Detail

  • Job Id
    JD2125292
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, DU, AE, United Arab Emirates
  • Education
    Not mentioned