Senior Accountant or Asst. Manager

LEAD Development; Abu Dhabi; On-site; AED 223,200 - 334,800; Full time

Job summary

A property management company located in Abu Dhabi is seeking an experienced Senior Accountant to manage financial accounts. Responsibilities include overseeing budgeting, financial reporting, payroll processing, and ensuring compliance with tax regulations. Candidates must have a Bachelor’s Degree in Accounting, CPA or similar, and at least 5 years of relevant experience, including 2 years in Owners Association management. Proficiency in accounting software and MS Excel is essential, along with strong analytical skills.

Qualifications

• 5+ years of experience in general accounting with at least 2 years in Master Community Owners Association Management.
• Strong knowledge of IFRS, IAS and UAE Tax regulations.
• Exceptional problem solving and analytical skills.

Responsibilities

• Manage the financial process of the company including Owners Association and Property Management functions.
• Prepare reports for management and auditors.
• Responsible for VAT filing and liaising with Tax Authority.
• Manage month-end and year-end closing process.

Skills

Accounting

Financial analysis

Budgeting and forecasting

Attention to detail

Problem solving

Excel proficiency

Education

Bachelor’s Degree in Accounting

CPA, ACCA, CMA equivalent

Tools

Accounting software

MS Excel

Job description

We are seeking an experienced Senior Accountant with expertise in Owners Association and Property Management to oversee the company’s financial accounts, including property management and community management, to ensure that all finance and accounting functions are performed to deadline and standard. This includes reporting and returns, budgeting and forecasting, payroll processing and financial analysis.

Key Duties and Responsibilities

• Responsible for managing the financial process of the company including the Owners Association and Property Management functions.
• Verify, allocate, post and reconcile accounts payable and receivable.
• Prepare weekly, monthly, quarterly and annual reports for the management and auditors.
• Liaise with HR on payroll processing.
• Responsible for accurate cash flow management and providing recommendations on spend allocation.
• Effectively manage the company budgeting and forecasting processes.
• Analyze financial information and summarize financial status.
• Reconciling of G/L accounts
• Administer Contingency Reserve Funds and Special Levy Funds
• Process service charges as directed.
• Prepare budget and cost models for Mixed used master communities and OAs and facilitate the approvals.
• Set up initial financial information for the management of new strata properties to ensure the accuracy of billing information.
• Familiarity with the tenant ledger, Leasing commissions, Property Management Fees, and customer security deposit refunds.
• Spot errors and suggest ways to improve efficiency and spending.
• Review and recommend improvements to accounting systems, policies and procedures.
• Responsible for VAT filing and liaising with Tax Authority
• Manage month-end and year-end closing process.
• Liaise with external auditors for financial statements and ADM OA budget requirements.
• Bachelor’s Degree in Accounting required, CPA, ACCA,CMA equivalent preferred.
• 5+ years’ experience in general Accounting of which at least 2 years’ experience in Master Community Owners Association Management
• Proficiency in accounting software and MS Excel.
• Strong knowledge of IFRS, IAS and UAE Tax regulations
• Exceptional problem solving and analytical skills.
• Good judgment, approachable and professional
• Excellent attention to detail and high level of accuracy
• Initiative and innovation to identify and lead change.

Disclaimer: The duties and responsibilities described above are not a comprehensive list and additional tasks may be assigned to the employee from time to time; or the scope of the job may change as necessitated by business demands.

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