Accounting Officer

2 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Property Shop Investment LLC Full time

About PSI:

Property Shop Investment (PSI) established in 2007, is the No. 1 and the largest private effective Real Estate Company headquartered in Abu Dhabi.

Our dedication to a sustainable and dynamic performance led to creation of prominent brand recognition in the UAE Real Estate Market through the past decade of our outstanding performance.

Aiming for the highest achievements in our industry, we are known as platinum Real Estate Company with the market esteemed developers in Abu Dhabi & Dubai.

We aim to influence major milestones, exceed expectations, and inspire people, by providing a wide range of Real Estate Services, while growing and governing our path towards continuous success, we ensure to deliver a hassle-free Real Estate experience.


PRIMARY PURPOSE
This job holder performs different types of Accountant duties and responsibilities.

His duties include preparing financial statements, examining and analyzing a company's accounts and ensuring compliance with financial reporting and other standard accounting procedures.


RESPONSIBILITIES

General Accounting:

  • Scrutinizing of cash vouchers & Journal vouchers.
  • Perform daily accounting transactions such as creating & posting vouchers.
  • Maintain Accounts Receivable & Payable ledgers, checking, verifying and posting supplier invoices.
  • Accurately record cash transactions.
  • Control and follow up of debtors and creditors.
  • Prepare Statement of account, fully reconciled & supported with relevant and original approved documents.
  • Ensure appropriate approvals prior in all type of payments like, advance, utilities, rent, fuel, suppliers & other cheques, etc.
  • Payment Follow-Up and Preparation of cheques.
  • Record and process invoices for suppliers.
  • Prepare / reconcile payments for suppliers.
  • Prepare suppliers payment report for management.
  • Handle, review & monitor contracts and agreement.
  • Prepare memos & letters to suppliers related to accounts.
  • Prepare letters to banks for requesting renewal or extension of bank issues.
  • Bank reconciliation and reconciliation of debtors and creditors.
  • Petty cash handling & other Administration works as required by the department.
  • Perform timely monthly reconciliations of petty cash.
  • Coordinate with bank authorities, auditors and ensure proper compliance with all statutory regulations & company policies & procedures.
  • Monitor and implement Standard Operating Procedures
  • Year End Adjustments (Accruals & Prepaid)
  • Preparation of cash collection and deposit
  • Manually files Books such as: debtors and creditor's book, bank reconciliation book, payroll record, sales and service file besides keeping files for sales bill, purchase bill, telephone bill and so on.
  • Maintaining inventory records
  • Recommend, develop and maintain financial database, computer software systems and manual filing systems.
  • Timely payment of general facilities like mobile bill, light bill, etc.
  • Timely payment of Office, car, Group medical insurance.
  • Posting in system of commission for sales team and leasing team.

Financial Reports & Analysis:

  • Preparing various financial reports.
  • Maintain accurate books of accounts.
  • Proper filling of sales deals.
  • Updating the HRCM system with monthly commission achievement.
  • Proper filling of accounting related documents.
  • Balance Sheet, profit and loss statementevery six month.
  • Weekly collection reports.
  • Daily General Ledge update.

Educational Requirements / Qualifications:

Bachelor's Degree in accounting or Finance

Experience:

Significant - 4 years of work experience as General Accountant, AP or AR.

Real estate previous experience is a must

Skills and Competencies:

  • Advanced computer skills including MS Office, accounting software, and databases.
  • Well knowledgeable in any accounting software
  • Quick book.
  • Excellence in planning and execution.
  • Problem Solving.
  • Communication & Collaboration.

Job Types:
Full-time, Permanent

Salary:
AED5, AED7,000.00 per month

Ability to commute/relocate:

  • Abu Dhabi: Reliably commute or planning to relocate before starting work (required)

Education:

  • Bachelor's (required)

Experience:

  • Accounting: 2 years (required)

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