Accountant (Real Estate Development)

Ladwig consulting; Dubai; On-site; AED 80,000 - 100,000; Full time

Job summary

A dynamic real estate developer in Dubai is seeking an experienced Accountant to manage project accounting, VAT filings, and financial reporting. The ideal candidate will have a strong understanding of real estate financial cycles and compliance standards. Key responsibilities include maintaining financial records, processing invoices, and ensuring tax compliance. The successful applicant will have strong accounting principles and experience with ERP systems. Competitive salary and growth opportunities offered.

Responsibilities

• Maintain accurate project-level financial records.
• Track contractor payments, consultant invoices, variations, and retention.
• Monitor budgets vs actuals and prepare variance reports.
• Support project cashflow planning and forecasting.
• Process supplier, consultant, and contractor invoices.
• Verify payment certificates and contract terms.
• Maintain escrow documentation per RERA/RAK guidelines.
• Prepare client statements and follow up on receivables.
• Prepare and submit VAT returns on time.
• Reconcile VAT accounts and maintain VAT documentation.
• Support month-end and year-end closing.
• Prepare financial statements, reports, and audit schedules.
• Maintain organized financial documentation as per UAE regulations.
• Assist with internal and external audits.
• Ensure adherence to internal controls and accounting policies.

Skills

Strong accounting principles and financial reporting knowledge

Understanding of real estate development accounting

Knowledge of UAE VAT and tax rules

Proficiency in Oracle NetSuite or similar ERP

Job description

Our client, a dynamic real estate developer with projects in RAK, is seeking an Accountant who will support the financial operations of the real estate development business by managing project accounting, VAT filings, tax compliance, payments, reconciliations, and financial reporting. The role requires solid understanding of real estate financial cycles, project cost tracking, escrow regulations, and developer compliance standards.

Key Responsibilities

• Project Accounting & Cost Control
  • Maintain accurate project-level financial records
  • Track contractor payments, consultant invoices, variations, and retention
  • Monitor budgets vs actuals and prepare variance reports
  • Support project cashflow planning and forecasting
• Accounts Payable & Receivable
  • Process supplier, consultant, and contractor invoices
  • Verify payment certificates and contract terms
  • Maintain escrow documentation per RERA/RAK guidelines
  • Prepare client statements and follow up on receivables
• VAT Filing & Tax Compliance
  • Prepare and submit VAT returns on time
  • Reconcile VAT accounts and maintain VAT documentation
  • Support corporate tax documentation and compliance
• Financial Reporting & Reconciliation
  • Perform monthly reconciliations (bank, escrow, vendor)
  • Support month-end and year-end closing
  • Prepare financial statements, reports, and audit schedules
• Compliance & Documentation
  • Maintain organized financial documentation as per UAE regulations
  • Assist with internal and external audits
  • Ensure adherence to internal controls and accounting policies

Requirements

• Skills & Competencies
  • Strong accounting principles and financial reporting knowledge
  • Understanding of real estate development accounting
  • Knowledge of UAE VAT and tax rules
  • Proficiency in Oracle NetSuite or similar ERP