Accounts Receivable Specialist

Allegiance Real Estate; Dubai; On-site; AED 60,000 - 80,000; Full time

Job summary

A leading company in real estate sector seeks an Accounts Receivable Specialist to manage payments and invoicing across various property types. The ideal candidate will ensure timely billing, adept payment processing, and thorough collections. This role requires strong organizational skills, proficiency with accounting tools, and a detail-oriented approach to managing finances.

Qualifications

• 2+ years of AR experience, preferably in real estate.
• Strong understanding of accounting principles and software.

Responsibilities

• Manage incoming payments, tenant invoicing, and receivables tracking.
• Generate commission invoices and perform bank reconciliations.
• Monitor aging reports and follow up on outstanding balances.

Skills

Attention to detail

Communication

Interpersonal skills

Organizational abilities

Excel

Education

Bachelor’s degree in Accounting, Finance

Tools

Accounting software

Job description

The Accounts Receivable Specialist in the real estate sector is responsible for managing all incoming payments, tenant invoicing, and receivables tracking for residential, commercial, or mixed-use properties. This role ensures that lease agreements are accurately billed, payments are posted on time, and outstanding balances are collected efficiently. The ideal candidate has strong attention to detail, experience with real estate accounting systems, and a proactive approach to collections.

Key Responsibilities:

• Generate and issue commission invoices based on Off plan & Secondary Sales.
• Record, reconcile, and post incoming payments via check, ACH, wire transfers, and online portals.
• Monitor aging reports and perform regular follow-ups on outstanding balances.
• Monthly bank reconciliations & reconciliation with developer/Clients.
• Prepare and distribute monthly AR aging and collection status reports to management.
• Assist with month-end closing procedures, including reconciliation of AR subledger to the general ledger.
• Coordinate with legal or collections agencies when necessary for delinquent accounts.
• Support annual reconciliations and real estate audits as required.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field (preferred but not always required).
• 2+ years of AR experience, preferably in real estate or property management.
• Proficient in accounting software
• Strong Excel skills and understanding of accounting principles.
• Excellent communication and interpersonal skills.
• High attention to detail and strong organizational abilities.