Accountant

2 weeks ago

Al Barsha, Dubai, United Arab Emirates AKN Properties Full time

We are looking for a highly organized and detail-oriented Accountant to manage all company-wide financial transactions, including property management financials, sales collections, supplier payments, company expenses, VAT submissions, and financial reporting.

The ideal candidate must have strong accounting knowledge, cheque handling experience, and a solid understanding of UAE financial regulations.

Key Responsibilities

1. Financial Accounting & Reporting

  • Record all daily financial transactions in the accounting system.
  • Maintain accurate ledgers for income, expenses, assets, liabilities, and equity.
  • Prepare monthly profit & loss (P&L), balance sheet, and cashflow reports.
  • Reconcile all bank accounts, credit card statements, payment gateways, and petty cash.
  • Support internal and external audits.

2. Accounts Receivable (Collections & Income)

  • Collect payments for:
  • Property rentals
  • Management fees
  • Agency commissions
  • Service charges
  • Developer commissions
  • Issue invoices and receipts for all incoming payments.
  • Track outstanding balances and follow up with clients.

3. Cheque Handling & Processing

  • Receive, record, and bank current and post-dated cheques.
  • Prepare a monthly cheque deposit schedule.
  • Follow up on bounced cheques, request replacements, and document cases.
  • Coordinate with tenants, owners, and clients regarding payment issues.

4. Accounts Payable (Suppliers & Expenses)

  • Verify and process payments for:
  • Vendor invoices
  • Maintenance & repair charges
  • Office expenses
  • Utility bills
  • Marketing expenses
  • Prepare payment vouchers, bank transfers, and cheque payments.
  • Ensure approvals are obtained before processing any payment.

5. Property-Related Financial Operations

  • Maintain financial records for managed properties.
  • Track rent collections, owner payouts, and service charges.
  • Manage security deposit collection, deductions, and refund processing.
  • Prepare owner statements including income, expenses, and recoveries.

6. VAT Accounting & Submissions

  • Prepare quarterly VAT reports.
  • Ensure all invoices and receipts meet VAT-compliance standards.
  • Maintain VAT records for audit purposes.
  • Submit VAT returns on FTA portal before deadlines.

7. Documentation & Compliance

  • Maintain well-organized financial files (digital & physical).
  • Ensure all transactions follow company policies and UAE laws.
  • Maintain secure storage of cheque copies, contracts, invoices, and receipts.

8. Financial Systems & Process Improvement

  • Use accounting software such as Zoho/QuickBooks/Tally.
  • Improve financial workflows for accuracy and efficiency.
  • Support management with financial insights and budgeting.

Required Skills & Qualifications

Experience

  • 3–5 years of accounting experience in UAE.
  • Preferred experience in real estate or property management finance (but not mandatory).
  • Strong experience with VAT and bookkeeping.

Technical Skills

  • Accounting software: QuickBooks, Zoho Books, Tally, or similar.
  • Strong Excel skills (Pivot tables, formulas, reconciliation).
  • Good understanding of UAE corporate tax and VAT.

Soft Skills

  • Accuracy and attention to detail.
  • Strong communication skills.
  • Ability to handle pressure and deadlines.
  • High confidentiality with financial information.

Personal Attributes

  • Organized and reliable
  • Analytical and proactive
  • Problem-solving mindset
  • Strong follow-up culture
  • Professional and trustworthy

Job Type: Full-time

Pay: AED2, AED3,000.00 per month

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