Senior Accountant – Receivables

Confidential Company; Dubai; On-site; AED 90,000 - 130,000; Full time

Job summary

Confidential Company in the United Arab Emirates seeks an experienced Banking & Reconciliations Specialist to manage daily bank reconciliations, record all banking transactions and investigate discrepancies. You will coordinate with banks, leasing, collections and property management teams to resolve outstanding items and ensure accurate posting of lease-related entries.

You will maintain records, support internal/external audits, and assist in monthly closings and financial reporting with

Qualifications

• Bank reconciliation experience across multiple bank accounts.
• Receivables and tenant account reconciliation expertise.
• PDC management and bounced cheque recovery knowledge.
• Experience with accounting software and ERP systems.
• Knowledge of internal controls and financial reporting.
• Auditing support experience.

Responsibilities

• Perform daily bank reconciliations for multiple bank accounts.
• Record all bank transactions including rent receipts, transfers, cheques, deposits, bank charges and other receipts.
• Investigate and resolve unreconciled items and discrepancies promptly.
• Maintain updated bank reconciliation statements and chase outstanding items to closure.
• Coordinate with banks and internal departments to resolve transactions.
• Monitor and reconcile bounced cheques against tenant accounts.
• Contact tenants to recover bounced cheque amounts and ensure timely settlement.
• Maintain a bounced cheque register with outstanding amounts and recovery details.
• Coordinate with Leasing, Property Management and Collections teams to resolve outstanding cases.
• Escalate overdue cases to Legal Department per company policies.
• Ensure bounced cheque charges and adjustments are recorded accurately.
• Maintain records of cheque return dates and details.
• Ensure physical cheques are documented and stored securely.
• Follow up on missing or unresolved physical cheques.
• Verify lease contract files for completeness and compliance.
• Check tenant details, lease terms, rents, payment terms and schedules.
• Identify discrepancies and correct before posting.
• Maintain audit trails for lease-related entries.
• Prepare month-end closing and reconciliations for receivables.
• Assist in preparing monthly financial reports including aged receivables and bounced cheque reports.
• Ensure all relevant receipts, adjustments, reversals and reconciliations are completed before monthly closing.
• Identify long-outstanding balances and unusual transactions and report them.
• Provide data and schedules for monthly financial statements.

Skills

Bank reconciliation

Receivables accounting

Tenant account reconciliation

PDC management

Bounced cheque recovery

ERP systems

MS Excel modelling

Auditing support

Internal controls

Financial reporting

Attention to detail

Coordination

Communication

Education

ACCA/CMA or equivalent (advantage)

Tools

ERP systems

Job description

Responsibilities

• Perform daily bank reconciliations for multiple bank accounts.
• Ensure all bank transactions including rent receipts transfers cheque deposits bank charges and other receipts are accurately recorded in the accounting system.
• Investigate and resolve unreconciled items and discrepancies promptly.
• Maintain updated bank reconciliation statements and ensure all outstanding items are followed up until closure.
• Coordinate with banks and internal departments to resolve unidentified or disputed transactions.
• Monitor and reconcile bounced cheques received from banks against tenant accounts and the accounting system.
• Contact tenants promptly to recover bounced cheque amounts and ensure timely settlement.
• Maintain an updated bounced cheque register including outstanding amounts reasons for bounce follow-up status and recovery details.
• Coordinate with the Leasing Property Management and Collections teams to resolve outstanding cases.
• Escalate overdue and delinquent cases to the Legal Department in accordance with the company s approved policies and procedures.
• Ensure bounced cheque charges penalties and related accounting adjustments are recorded accurately where applicable.
• Maintain proper control and reconciliation of physical bounced cheques received back from banks.
• Match physical bounced cheques against bank statements tenant accounts and the bounced cheque register.
• Maintain records of cheque return dates reasons for return tenant details and subsequent recovery or replacement.
• Ensure physical cheques are properly documented securely stored and handed over to the relevant department when required.
• Follow up on missing unreturned or unresolved physical cheques until closure.
• Verify lease contract files for completeness accuracy and compliance with approved company procedures before posting.
• Check tenant details contract period rental amount payment terms security deposits commission applicable fees and cheque schedules against approved lease documents.
• Ensure lease-related financial transactions are accurately recorded in the accounting system.
• Identify discrepancies in lease contracts and coordinate with the Leasing or Property Management team for correction before posting.
• Maintain proper documentation and an audit trail for all lease-related accounting entries.
• Maintain and reconcile the PDC register against tenant accounts lease agreements and accounting records.
• Verify cheque numbers cheque dates amounts bank details and tenant information.
• Monitor upcoming cheque due dates and coordinate with the relevant teams to ensure timely deposit and processing.
• Track deposited cleared returned cancelled replaced and outstanding PDCs.
• Investigate discrepancies between physical cheques the PDC register and the accounting system.
• Ensure the PDC records remain accurate complete and up to date.
• Perform regular reconciliation of tenant accounts to ensure the accuracy of rental income receipts outstanding balances credit notes debit notes and other related transactions.
• Investigate and resolve discrepancies between tenant ledgers lease contracts bank receipts and the accounting system.
• Monitor overdue receivables and maintain an updated report of outstanding tenant balances.
• Follow up with the Collections Leasing and Property Management teams to resolve account discrepancies.
• Ensure tenant accounts are accurately maintained and reconciled before monthly closing.
• Provide necessary schedules reconciliations supporting documents and accounting records for internal and external audits.
• Maintain organized documentation for bank reconciliations tenant accounts PDCs bounced cheques and lease contract postings.
• Respond to audit queries and provide supporting evidence within the required timelines.
• Assist in resolving audit observations relating to receivables and bank reconciliations.
• Ensure compliance with company accounting policies internal controls and applicable financial reporting requirements.
• Prepare and submit monthly bank reconciliation statements and receivables-related schedules.
• Assist in preparing monthly financial reports including tenant outstanding balances aged receivables bounced cheque reports and PDC status reports.
• Ensure all relevant receipts adjustments reversals and reconciliations are completed before monthly closing.
• Identify long-outstanding balances unusual transactions and reconciliation differences and report them to the Finance Manager.
• Provide accurate accounting data and supporting schedules for monthly financial statements.
• Coordinate with the Finance Team to ensure timely and accurate month-end closing.
• Coordinate with Leasing Property Management Collections Legal and other relevant departments to resolve receivables-related issues.
• Provide regular updates to the Finance Manager on outstanding reconciliations bounced cheque recoveries overdue tenant balances and unresolved discrepancies.
• Ensure proper communication and timely escalation of issues that may affect the company s cash flow or financial records.

Qualifications

• Professional qualifications such as ACCA, CMA, or equivalent are an advantage but not necessary.
• Strong experience in bank reconciliation, receivables accounting, tenant account reconciliation, PDC management, and bounced cheque recovery.
• Experience in accounting software and ERP systems.
• Good knowledge of accounting principles, internal controls, and financial reporting procedures.
• Experience supporting internal and external audits.
• Expert in MS Excel financial modelling.
• Strong reconciliation and analytical skills.
• High attention to detail and accuracy.
• Good follow-up, coordination, and problem-solving skills.
• Ability to manage multiple bank accounts and a high volume of tenant transactions.
• Strong organizational skills and ability to meet strict deadlines.
• Effective communication and coordination with internal departments and tenants.
• Ability to identify discrepancies, investigate outstanding items, and ensure timely resolution.
• High standards of integrity, accountability, and confidentiality.