Senior Accountant - Accounts Receivable - Dubai Holding Community Management

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

Job summary

Dubai Holding is looking for a Senior Accountant to manage accounts receivable and oversee billing processes, ensuring compliance with accounting standards in Dubai. The ideal candidate will have 5-6 years of experience in financial management, strong analytical skills, and proficiency in accounting software, contributing to the overall financial stability of the organization.

Benefits

Competitive compensation

Career development opportunities

Collaborative work environment

Qualifications

• 5-6 years of experience in Account Receivable and Billing.
• Strong understanding of accounting principles related to AR.
• Experienced in developing efficient billing processes.

Responsibilities

• Oversee the entire Account Receivable process.
• Develop and implement efficient billing processes.
• Prepare regular and ad-hoc reports on AR balances.

Skills

Analytical Skills

Problem Solving

Communication

Interpersonal Skills

Education

Bachelor's degree in Accounting or Finance

Professional Qualification (ACCA, CPA)

Tools

SAP

Oracle

Microsoft Excel

Job description

About Dubai Holding Community Management:

Dubai Holding Community Management (DHCM) is a premium community management services provider under the umbrella of Dubai Holding. Established in 2021, DHCM has quickly become a leader in the industry, offering exceptional services to maintain and enhance residential communities and districts across Dubai.

At DHCM, we believe in creating sustainable and vibrant communities that offer a sense of belonging to residents. Our team of experts provides various services, including community and district management, technical management, and financial management.

Our community and district management services ensure that each community is well-maintained, secure, and operates efficiently. We manage common areas, enforce community rules and regulations, coordinate with local authorities, and respond to residents' concerns promptly and effectively

We proudly manage a portfolio of prestigious communities, including Bluewaters, City Walk, Port de La Mer, Bvlgari Residences, Jumeirah Beach Residence (JBR), and Business Bay Executive Towers, among others. Additionally, we manage iconic districts, including Business Bay, Dubai Land Residences, Jaddaf Waterfront, Dubai Media City, Dubai Internet City, Dubai Studio City, Dubai Harbour, and more.

About the Role:

This role is essential for ensuring the timely and accurate invoicing of revenues, maintaining healthy financial records, and contributing to the overall financial stability of the organization. The Senior Accountant will be responsible for overseeing the AR function, implementing efficient billing processes, and ensuring compliance with relevant accounting standards and internal policies.

The main duties and responsibilities of this role:

Account Receivable Management:

• Oversee the entire Account Receivable process, ensuring accuracy and completeness of records.
• Maintain and reconcile AR sub-ledgers to the general ledger.
• Prepare and analyze AR aging reports, identifying overdue accounts and potential risks.
• Investigate and resolve discrepancies in customer accounts.
• Ensure timely and accurate allocation of customer payments.
• Assist with month-end and year-end closing activities related to AR.

Billing and Invoicing:

• Develop and implement efficient and accurate billing processes in accordance with contractual agreements and service delivery.
• Generate and dispatch timely and accurate invoices to customers.
• Ensure all billing data is correctly captured and documented.
• Handle billing inquiries and resolve billing disputes promptly and professionally.
• Collaborate with other departments (e.g., Sales, Operations) to ensure accurate billing information.

Reporting and Analysis:

• Prepare regular and ad-hoc reports on AR balances, aging analysis, and other relevant metrics.
• Analyse AR data to identify trends and areas for improvement in billing processes.
• Provide insights and recommendations to management on AR management and cash flow.

Compliance and Controls:

• Ensure adherence to relevant accounting standards (e.g., IFRS) and internal policies and procedures related to AR and billing.
• Assist in the development and implementation of internal controls to safeguard AR assets.
• Participate in internal and external audits, providing necessary documentation and support.

Team Collaboration:

• Collaborate effectively with other members of the finance team and other departments.
• Provide support and guidance to junior team members, if applicable.

About you:

The ideal candidate will have the below qualifications and experience:

• Bachelor’s degree in accounting, Finance, or a related field. A professional accounting qualification (e.g., ACCA, CPA) is preferred.
• Minimum of 5 – 6 years of progressive experience in Account Receivable and Billing, preferably within the real estate or property management industry in Dubai.
• Strong understanding of accounting principles and practices, particularly related to AR.
• Proven experience in developing and implementing efficient billing processes.
• Excellent analytical and problem-solving skills with a keen attention to detail.
• Strong communication and interpersonal skills, with the ability to interact effectively with internal and external stakeholders.
• Proficiency in using accounting software/ERP systems (e.g., SAP, Oracle) and Microsoft Office Suite (especially Excel).
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
• Knowledge of local regulations and practices related to billing in Dubai.

About Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered Internal workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.