Accountant
6 months ago
We are looking for an Accountant to help us implement and adapt our growth plan at Letstay
Vacation Homes LLC. You will act as the liaison between Letstay Vacation Home Rentals and our
Customers.
The role is on a part-time basis and responsible to support the CEO & Executive Director and plays an
integral role in:
∙Verifying and ensuring integrity, completeness and correctness of tenant lease data, advances,
receivables, and provision balances.
∙It ensures that Accounts Receivable and Leases Revenues are properly authorized according to the
company policy and procedure.
∙Responsible for implementing and monitoring the Revenue and Accounts Receivable monthly closing
process as well as regular review of tenant account balances including controlling and monitors
timely billing, collection and ensures safe keeping of security deposits.
Role Details - Key Responsibilities and Accountabilities:
∙Run monthly recurring billing and ensure the monthly revenues booked agree with the signed lease
agreements.
∙Prepare and update receipts to tenants for various payment collection i.e., rent, utilities and deposits
etc.,
∙Review and reconcile tenant accounts balances for revenue and receivables with General Ledger on
monthly basis and ensure no integrity issue is pending.
∙Run IAS 17 leases and ensure accuracy of adjustment entries processed monthly.
∙Prepare landlords’ and tenants’ statement of account as and when required.
∙Assist and provide swift feedback to CEO & Management teams the day-to-day transactions
pertaining to renewal, amendments, surrender and new deals.
∙Provide historical information and analysis as and when required.
∙Support the business by reducing review and processing time for all Revenue and Receivables
transaction, i.e., refunds, Statement of Accounts, and billing.
∙Ensure clearing of any reconciling item resulted from revenue bank accounts reconciliation on timely
basis.
∙Review and ensure correctness of guests/tenants’ balances for advances, deposits, receivables, and
revenue on monthly basis.
∙Submit monthly consolidated financial key information related to A/R and revenue area.
∙Review percentage rent calculation and ensure accuracy completeness and timely billing.
∙Review all tenants’ refunds ensuring compliance with lease agreements and the company’s financial
policies and procedures.
∙Review landlords’ utilities recovery accounts and ensure all tenants are paying either through lease
agreement or on actual consumption basis.
∙Prepare landlords’ and tenants' accounts reconciliations as well as follow-up on pending issues and
old outstanding items.
∙Ensure proper review and check over billing and collection process ensuring timely and accurate
generation and distribution of A/R invoices and receipts.
∙Assist in other ad-hoc analysis, financial reporting and other various tasks related to areas of
responsibility.
Minimum experience:
∙Minimum 2 years of post-qualification experience working within a Finance support function.
∙Good knowledge and experience of A/R and Revenue Accounting within a reputed real estate
development / asset management organization in GCC or abroad in a similar role
Private & Confidential
Letstay Vacation Homes Rental LLC
- Office 205 Level 2 Nassima Tower Sheikh Zayed Road Dubai United Arab Emirates
Company Central Goal:
To aid in the growth of property units’ acquisitions by way of proactive increased awareness, conversion,
and loyalty.
**Job Type**: Part-time
Part-time hours: 21 per week
Application Question(s):
- Are you aware of vacation homes module?
**Experience**:
- Accounting: 1 year (preferred)
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