We are seeking a meticulous Accountant to manage and oversee all lease accounting functions. This role ensures accurate lease records, compliance with IFRS 16, timely payments, and complete reporting to support financial operations and audits.
Key Responsibilities:
Lease Administration & Compliance:
- Maintain and update lease records in the lease management system.
- Monitor critical lease dates such as renewals, expirations, escalations, amendments, and variations.
- Ensure compliance with IFRS 16 lease accounting standards and lease obligations. Follow up for attested tenancy contracts, executed leases, receipts of payments, and refunds.
Accounting & Reporting:
- Prepare and post monthly journal entries for lease expenses, amortization, interest, and adjustments of lease assets/liabilities.
- Review and reconcile lease-related accounts in the general ledger.
- Support month-end and year-end close processes related to leases
- Assist in preparing lease disclosures for financial statements and audits.
- Analyze lease contracts for accurate management reporting.
Payments & Reconciliations:
- Reconcile rent payments and ensure timely settlements with landlords. Follow up on tax invoices, credit notes, reliefs, discounts, and statements of accounts.
- Audit Support:
- Provide schedules and supporting documentation for internal and external audits.
Qualifications & Skills:
- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum 3–5 years of relevant accounting experience, preferably in leasing or real estate.
- Strong knowledge of IFRS 16 lease accounting standards.
- Proficiency in accounting software and ERP systems.
- Excellent Microsoft Excel and financial reporting skills.
- High level of accuracy, analytical ability, and attention to detail.
- Strong communication and interpersonal skills.
- Ability to manage multiple lease accounts and meet strict deadlines.
Interested? Please send your CV to talent@parisgroup.ae with the subject line: Applicant –Accountant.