Finance Manager

TownX Real Estate Development LLC; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking an Accounts Manager to lead financial operations in Dubai. This key role involves overseeing all accounting functions, preparing financial statements, and ensuring compliance with regulations. The ideal candidate will be a Certified Chartered Accountant with extensive experience in real estate accounting and a strong grasp of financial regulations. You'll have the opportunity to mentor a team, collaborate with various departments, and contribute to strategic financial decisions. Join a company that values diversity and fosters an inclusive environment, where your expertise will help shape the future of real estate development.

Qualifications

• 4-5 years of accounting experience, especially in real estate.
• Strong knowledge of lease structures and CAM charges.

Responsibilities

• Manage all accounting functions, including financial reporting and payroll.
• Supervise junior accounting staff and provide training.

Skills

Real Estate Accounting

Financial Reporting

Analytical Skills

Leadership

Problem-Solving

Education

Chartered Accountant (CA)

Tools

Accounting Software

Microsoft Excel

Job description

Uplift is a dynamic agency specializing in global talent search, covering EMEA, LATAM, USA, and APAC. With successful placements in 52 countries, we combine speed and cutting-edge technology to source top executive and mid-senior talent across various functions. Our innovative approach integrates global networks, AI, and advanced recruitment tools. Beyond recruitment, we engage with our audience through our podcast, newsletter, and webinars, ensuring we stay at the forefront of talent acquisition and global HR trends.

About Our Client

Our client is one of the top real-estate developers in the UAE specializing in building communities through various real estate projects with 30 years of presence.

We're looking for an Accounts Manager to join the team in Dubai, United Arab Emirates.

Key Responsibilities :

• Manage and oversee all accounting functions, including accounts payable, accounts receivable, payroll, and financial reporting for multiple businesses.
• Prepare and review monthly, quarterly, and annual financial statements for properties and the overall business.
• Supervise the general ledger accounting, ensuring accurate recording of all transactions.
• Coordinate and prepare property-specific reports, including profit and loss statements, cash flow analysis, and occupancy rates.
• Oversee the billing and collections process for tenants, ensuring timely payments and resolving discrepancies.
• Ensure accurate property management fee calculations, including commissions, leasing costs, and maintenance expenses.
• Manage and maintain tenants and lease data in accounting systems and lease renewals.
• Review and process journal entries, ensuring compliance with accounting principles and business-specific regulations.
• Assist in the preparation of annual budgets and forecasts for each property and business unit.
• Conduct regular account reconciliations, including bank reconciliations, tenant balances, and vendor accounts, to ensure accuracy.
• Manage tax filings related to real estate transactions, including property tax, sales tax, and income tax compliance.
• Supervise and mentor junior accounting staff, providing guidance, training, and performance feedback.
• Collaborate with internal teams such as property managers, legal, and external auditors to ensure the smooth financial operation of the business.
• Implement and monitor internal controls and procedures to ensure compliance with company policies and industry standards.
• Prepare for and support year-end audits, ensuring all necessary schedules and supporting documentation are provided.
• Provide regular financial reports and insights to senior management, helping guide decisions on property investments, acquisitions, and disposals.
• Analyze and report on financial performance, highlighting variances and recommending corrective actions where necessary.

Qualifications :

• Must be certified Chartered Accountant (CA).
• 4-5 years of accounting experience, with at least 2 years in development, real estate accounting or property management.
• Strong knowledge of real estate accounting, including property management, lease structures, CAM charges, and depreciation methods.
• Proficiency in accounting software and Microsoft Excel.
• Solid understanding of specific financial regulations.
• Proven leadership and management experience, with the ability to oversee a team and foster collaboration across departments.
• Strong analytical and problem-solving skills, with the ability to interpret financial data and make informed decisions.

Uplift’s Commitment to Diversity and Inclusion

At Uplift, we are committed to fair and equal experience for all employees and applicants, supporting the principles of Equal Opportunity Employment. We value the diverse talents and perspectives of individuals from all backgrounds, including minorities, women, and people with disabilities. We focus on creating opportunities for growth and advancement based on each person’s qualifications and performance.

We are passionate about uplifting people's lives and fostering an inclusive environment where everyone is valued, regardless of race, religion, color, national origin, citizenship status, sex, sexual orientation, gender identity and expression, genetic information, marital status, age, or disability. At Uplift, everyone is welcome.