Accounts Executive

ADBH; Abu Dhabi; On-site; AED 120,000 - 240,000; Full time

Job summary

ADBH invites applications for a Finance Officer role in Abu Dhabi, focusing on accounts receivable and accounts payable, bank and cash management, VAT support, and IFRS reporting. The position collaborates with the Finance Director and supports month-end close.

The role requires ERP-driven invoicing, accurate reconciliations, and timely statutory reporting. On-site in Abu Dhabi, with preference for UAE work authorization and strong attention to detail.

Qualifications

• Duties include accounts receivable and payable processing, bank reconciliations, VAT support, and IFRS reporting.
• Experience with ERP systems for invoicing and payments.
• Ability to prepare financial reports and assist in month-end close.

Responsibilities

• Generate monthly rent invoices using the ERP system, ensuring accuracy of unit size and rent per sq. ft., annual escalations, service charge recoveries, and utility recharges.
• Process post-dated cheques from tenants and maintain cheque register.
• Monitor bank accounts for rent collections and reconcile receipts daily.
• Follow up on overdue rent payments and prepare AR aging reports.
• Receive and verify supplier invoices, code to GL, and prepare payment runs for Finance Director.
• Prepare daily bank reconciliations and petty cash reimbursements; maintain security deposit ledger.
• Prepare and post journal entries for rent revenue recognition, depreciation, and accruals; assist month-end closing.
• Prepare VAT reconciliations and VAT return workings for FTA submission.
• Assist in IFRS reporting and audit support.

Job description

Accounts Receivable & Rent Collection: Generate monthly rent invoices using the ERP system, ensuring accuracy of unit size and applicable rent per sq. ft., annual escalations, service charge recoveries, utility recharges, etc. Process post-dated cheques received from tenants, maintain cheque register, and deposit on due dates. Monitor bank account for rent collections and reconcile receipts against tenant accounts daily. Follow up on overdue rent payments and prepare daily and weekly accounts receivable aging reports.

Accounts Payable & Vendor Payments: Receive and verify supplier invoices for accuracy, proper approval, and matching with purchase orders and goods receipt notes. Code invoices to correct general ledger accounts per the chart of accounts. Prepare payment runs for Finance Director review and approval.

Bank & Cash Management: Prepare daily bank reconciliations for all subsidiary bank accounts. Monitor cash balances and process petty cash reimbursements. Prepare security deposit ledger.

General Ledger & Journal Entries: Prepare and post journal entries for recurring transactions including monthly rent revenue recognition, depreciation, prepaid expenses amortization, and accruals. Assist Finance Director in month-end closing.

VAT & Tax Support: Prepare VAT reconciliations for input and output VAT. Assist in preparing VAT return workings for submission to FTA and maintain VAT invoice register.

Financial Reporting, Compliance & Audit Support: Assist in preparing financial reports as per IFRS standards, property-level P&L schedules, and audit support.