Senior Accounts Executive – Real Estate

Quantum Global

Dubai

On-site

AED 150,000 - 200,000

Full time

7 days ago
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Job summary

Quantum Global is seeking a Senior Accounts Executive to lead accounting and financial reporting for a large real estate portfolio across the UAE, KSA, USA and other markets. You will drive month-end closing, P&L and balance sheet preparation while ensuring IFRS compliance and strong internal controls.

The role requires hands-on expertise in real estate accounting, including property development, investment properties, leasing transactions, and SAP ERP.

Qualifications

  • CA/CA Inter or ACCA equivalent mandatory.
  • 3–5+ years of relevant UAE real estate accounting experience.
  • Strong knowledge of IFRS 15 and IFRS 16.
  • Hands-on experience with month-end closing and reconciliations.
  • Experience with property/project accounting and SAP.

Responsibilities

  • Manage monthly closing and preparation of P&L, Balance Sheet and MIS.
  • Handle accounting for property development, investment properties, leasing and related transactions.
  • Ensure IFRS 15 revenue recognition and IFRS 16 lease accounting.
  • Perform property/site asset, inventory/WIP and project cost reconciliations.
  • Maintain balance sheet reconciliations, accruals, prepayments and depreciation.
  • Monitor AR, AP, advances, deposits and bank balances.
  • Support UAE VAT, corporate tax, audits, and year-end requirements.
  • Prepare property/project schedules and variance analysis for management.
  • Ensure accurate reporting through SAP and maintain strong controls.

Skills

IFRS knowledge
SAP experience
Analytical skills
Attention to detail

Education

CA / ACCA or equivalent
CA Inter (Semi-qualified)

Tools

SAP

Job description

Role Overview

We are looking for a Senior Accounts Executive to manage accounting and financial reporting for a large and diversified real estate portfolio across the UAE, KSA, USA and other international markets. The role requires strong hands‑on experience in real estate accounting, month‑end closing, IFRS and SAP.

Key Responsibilities
  • Manage monthly closing and preparation of P&L, Balance Sheet and Management Accounts.
  • Handle accounting for property development, investment properties, leasing/rental and property‑related transactions.
  • Ensure appropriate revenue recognition under IFRS 15 and lease accounting under IFRS 16.
  • Perform property/site asset, inventory/WIP and project cost reconciliations.
  • Manage balance sheet reconciliations, accruals, provisions, prepayments, depreciation and other month‑end activities.
  • Monitor and reconcile AR, AP, customer advances, deposits and bank balances.
  • Support UAE VAT & Corporate Tax, statutory audits and year‑end audit requirements.
  • Prepare property/project-wise schedules, MIS and variance analysis for management.
  • Ensure accurate accounting and reporting through SAP and maintain strong financial controls.
Candidate Profile
  • CA / CA Inter (Semi-qualified) / ACCA / equivalent qualification – mandatory.
  • 3–5+ years of relevant experience, with UAE real estate accounting experience mandatory.
  • Strong practical knowledge of IFRS 15 and IFRS 16.
  • Proven experience in monthly closing, financial reporting and balance sheet reconciliations.
  • Hands‑on experience with property/project accounting, asset or inventory reconciliation.
  • Strong SAP experience preferred.
  • UAE VAT and Corporate Tax knowledge is an advantage.
  • Strong analytical skills, attention to detail and ability to work independently.
  • Experience with large or multi‑country real estate portfolios will be an advantage.
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