Real Estate Accountant | Provis Estate Management
A well-known and well-reputed Company based in Abu Dhabi, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Real Estate Accountant”.
Company Name |
Provis Estate Management |
Qualification | Masters Degree | Bachelors Degree | CPA |
Experience | 2 – 3 years of Relevant Experience Required |
Monthly Salary | 6,000 AED – 7,000 AED |
Employment Type | Full Time | Permanent |
Company Size | 50-100 Employees |
Benefits | Medical Insurance |
Location | Abu Dhabi |
- To provide accurate information about the portfolio through various accounting works related to the preparation and maintenance of financial records and data entry
- To make all the required documents and information for audit of financial transactions and to generate reports related to the branch as per the request of the landlords and for internal
- To ensure all proper records are maintained and passing entries in systems for all financial transactions
ROLES AND RESPONSIBILITIES
- Handles and receive all PDCs & Cash from Property Administrators, Leasing Coordinator & Valuation Coordinator, verify entries in both Estateman & E-Account Systems
- Receive all PDCs from Asteco Al Ain (Only for one of the Landlord: Central Village) and verify entries in both Estateman & E-Account Systems
- Release the PDCs as per request of Administrators for the replacements
- Write all details of the cheques and cash in appropriate log books
- Verify the LL/Asteco Bank account details on both back side of cheque and deposit slips
- Collect deposit slips from Office Administrator after deposited (same day), cross check with log books and ensure all cheque & bank account details are correct.
- Generate Cash in Transit Report from both Estateman & E-Account system and ensure all are received from the Administrators and deposited on time
- If there is any cash in transit not received from the Administrators, report immediately to Line Manager
- To monitor cash position and ensure timely correction of transactions and follow up as needed. And ensure all cash collections are banked on time
- To ensure all proper records are maintained and transactions are accounted in Estateman System for whose landlords’ expenses are handled by Asteco
- Frequently check the balance of float accounts and inform property manager to request for the replenishment, if required.
- To prepare monthly statements of all expenses to landlords, whose landlord expenses are handled by Asteco and send to Property manager/Administrator for reimbursement.
- Collect all documents required such as invoices for Abu Dhabi & Lamar Office kitchen expenses, stationery etc.
- Proceed with payments and account all in E-Account
- Send to Asteco Dubai office for Reimbursement
- Reconcile landlords’ bank accounts, whose are collected and banked by Asteco or banked to landlords’ account
- Reconcile Asteco Bank Account, for the Rent/SD collected in Asteco’s Bank
- Check and ensure all cheque/cash deposits are realized in the bank in daily basis (for the Rent/SD collected in steco’s bank Account). And inform Office Administrator to collect the bounced cheques from bank, if there are any cheques bounced or not realized
- Make sure all the returned cheques are accounted in Estateman on time
- Reconcile Asteco admin fee collection and monthly transfer to Asteco main account for Asteco Abu Dhabi, Al Ain and Lamar Offices
- Report to respective branches for the pending and follow
- Collect all documents required from Property Administrators
- To verify account maintenance bills for landlords, secure approvals and book the expenses in Estateman System
- Verify final settlement of tenants with the maintenance bills, Electricity and other utility clearance, penalty charges and approvals.
- Making entries and vacating properties in Estateman and to issue or arrange refunds of security deposits
- Prepare management fee invoices in E-Account System
- Hand over the invoices to Property Manager to send to Landlords and collect fees.
- Hand over the receipts and updated Statement of Accounts to Property Manager to send to Landlords.
- Book the supplier invoices in E-Accounts. Check and ensure the branch, division, cost centers and expense accounts are correct for the prepared purchase invoices.
- Generate Report for the Tawtheeq Collection for Asteco Abu Dhabi, Lamar and Al Ain offices.
- Ensure all collections are banked.
- Proceed with Top Up with proper approval
- To verify monthly Rent/SD collected in Asteco’s Bank Account and cross check with bank reconciliation.
- Process the transfers to the Landlords after collecting our management fees
QUALIFICATIONS
Bachelor of Commerce
Knowledge of MS Excel, MS Word
Accounting SAP
EXPERIENCE AND SKILLS
2-3 years UAE with Real Estate background
Apply Now: [email protected]