Senior Accountant 4 Direction Group of Companies Dubai

• Complete knowledge of Dubai/UAE Real Estate and Property Development market

• Qualified accountant (ACA/ACCA/CIMA or equivalent).

• Ability to handle multiple priorities whilst also working to tight deadlines.

• 5-7 years’ experience as a senior accountant working in the real estate sector.

• Positive “can do” attitude with desire to learn, train and develop in the role.

• Excellent attention to detail, methodical and takes pride in work Self-starter who takes initiative to grow within the role.

• Strong time management skills to organize a multitude of concurrent tasks.

• Experience in acquisition accounting, including financial due diligence.

Job Types: Full-time, Permanent

Salary: AED8,000.00 - AED10,000.00 per month

Experience:

• Accounting in a Real Estate company: 3 years (Required)

• Conducting bank reconciliations and ensuring accurate and timely financial reporting.

• Preparing management accounts for the property companies within the group

• Assist the group companies in dealing with property agents on any ad hoc matters.

• Communication and managing relationships with finance/none finance stakeholders.

• Preparation of month-end and quarter end reporting packs and year-end reporting activities for all entities, including reports and supporting schedules for all balance sheet line items and commentary on profit and loss line items.

• Monthly consolidations across multi-property portfolios.

• Preparation/review of accruals, prepayments, and posting of journal entries.

• Cash management, including review of bank reconciliations, forecasts, and payment approvals.

• Preparation and management of quarterly or ad hoc intra-group distribution including monitoring of cash balances and knowledge of capital expenditure budgets.

• Preparation of investor capital and distributions, liaising with Portfolio Management, Investor Relations, Operational and Corporate Accounting and Administrators as required.

• Assisting with the investor reporting process, providing financial tables and charts and consolidated budget variance analysis commentary.

• Preparation of consolidated audited financial statements within investor and lender reporting deadlines. Preparation of subsidiary audited and unaudited financial statements and supporting schedules.

• Assist with year-end audits.

• Assistance with the preparation of accounting memos on all technical accounting changes.

• Knowledge of structure agreements, including lender requirements, investor requirements and external reporting requirements.

• Calculation of investment level management fees.

• Preparation of quarterly VAT Returns and annual Tax Computations for all entities.

• Preparation with annual budgeting and re-forecasting for all entities.

• Providing support and assisting Group and Investors financial reporting requirements and Board reporting requirements, including business plans.

• Supporting management reporting requirements, maintaining and updating financial models.

• Cashflow - including monthly draw downs and distributions, Budgetary control.

• Participating in process improvements and develop efficiencies whilst ensuring strong internal control environment.

• Support key financial processes including invoicing, business expenses and banking.

• Providing operational support to project team re budgetary control.