Accountant AP (Real Estate)

OMNIYAT; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading real estate firm in Dubai is seeking an experienced Accounts Payable (AP) Accountant. This role involves managing the full accounts payable cycle, vendor relationships, and ensuring compliance with financial and VAT regulations. The ideal candidate should possess a bachelor's degree in accounting or finance and have 3-5 years of relevant experience, particularly in real estate. Strong skills in managing high volumes of invoices and communication with multiple stakeholders are essential. This position offers a competitive opportunity in a dynamic environment.

Qualifications

• Minimum 3–5 years of experience in accounts payable, preferably in real estate or construction.
• Strong understanding of real estate-related costs and payment structures.
• High attention to detail with strong analytical skills.

Responsibilities

• Manage the full accounts payable cycle including invoice receipt and payment processing.
• Review and process vendor invoices related to real estate operations.
• Prepare and process payment runs ensuring timely settlements.

Skills

Accounts payable cycle management

Vendor relationship management

Financial reporting

Cash flow management

Compliance with VAT regulations

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP/accounting systems (e.g., Oracle, SAP, Yardi, MRI)

Job description

We are seeking an experienced Accounts Payable (AP) Accountant with a strong background in real estate to manage end-to-end payables, vendor relationships, and payment controls across multiple properties or projects. The role will support accurate financial reporting, cash flow management, and compliance with internal controls and accounting standards.

Key Responsibilities

• Manage the full accounts payable cycle including invoice receipt, verification, posting, and payment processing
• Review and process vendor invoices related to real estate operations, including contractors, consultants, facilities management, utilities, service providers, and project-related costs
• Ensure invoices are accurately matched to contracts, LPOs, and approvals in line with company policies
• Prepare and process payment runs (bank transfers, cheques) while ensuring timely settlement and optimal cash flow management
• Maintain and reconcile vendor accounts, resolving discrepancies and responding to supplier queries
• Post AP-related journal entries and support month-end closing, including accruals and prepayments
• Assist in balance sheet reconciliations related to payables and advances
• Support internal and external audits by providing documentation and explanations for AP transactions
• Ensure compliance with VAT regulations and assist with VAT filings where applicable
• Maintain accurate records and proper filing of invoices, contracts, and payment documentation
• Coordinate closely with procurement, project teams, and finance to ensure cost accuracy and control

Skills & Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• Minimum 3–5 years of experience in accounts payable, preferably within real estate, property development, or construction
• Strong understanding of real estate-related costs, contracts, and payment structures
• Hands-on experience with ERP/accounting systems (e.g., Oracle, SAP, Yardi, MRI, or similar)
• Solid knowledge of VAT and local regulatory requirements
• High attention to detail with strong reconciliation and analytical skills
• Ability to manage high volumes of invoices across multiple vendors and projects
• Strong communication skills and ability to work with internal and external stakeholders
• Well-organised, deadline-driven, and able to work independently