Senior Accounts Receivable Specialist | Roots Properties (Real Estate)
Company Name: Roots Real Estate
Qualification: ACCA, CPA, CMA, ACA & MBA
Location: Dubai, United Arab Emirates
Salary Range: 8,000 AED – 12,000 AED
Company Size: 500 – 1000 Employees
Other Benefits: Medical Insurance | Bonus
Employment: Full Time
About Company
Roots Land Real Estate, a leading name in Dubai’s real estate scene for over a decade. Our track record of repeat business reflects the unwavering trust our clients place in us.
As a rare gem in the Dubai and UAE property landscape, we offer a comprehensive suite of commercial and residential services. Our multilingual real estate brokers are experts in navigating the diverse market, assisting you seamlessly, whether you’re buying, selling, or renting a luxury villa or a studio in Dubai.
Job Description/Role
Senior Accounts Receivable Specialist – Real Estate
Position Title: Senior Accounts Receivable Specialist
Location: Business Bay, Blue Bay Tower
Reports To: Accounting Manager / CEO
Position Type: Full-Time
Job Summary
The Senior Accounts Receivable Specialist is responsible for managing and overseeing the accounts receivable function within the real estate division. This role includes ensuring the timely collection of rent and other receivables, maintaining accurate financial records, and providing support for financial reporting and analysis. The ideal candidate will have a strong background in accounting, excellent attention to detail, and experience in the real estate industry.
Key Responsibilities:
Accounts Receivable Management
- Manage and oversee the entire accounts receivable process, ensuring timely and accurate invoicing and collections.
- Monitor accounts receivable aging reports and follow up on overdue accounts.
- Develop and implement collection strategies to minimize outstanding receivables.
Tenant and Client Communication
- Communicate with tenants and clients regarding their accounts, resolving any discrepancies or issues.
- Respond to inquiries and provide information regarding billing and payments.
Financial Reporting and Analysis
- Prepare monthly, quarterly, and annual financial reports related to accounts receivable.
- Analyze accounts receivable data to identify trends and areas for improvement.
- Assist in the preparation of financial statements and reports between departments.
Reconciliation and Audits
- Perform regular reconciliations of accounts receivable balances with general ledger accounts.
- Assist with internal and external audits, providing necessary documentation and explanations.
Process Improvement
- Identify opportunities to streamline and improve accounts receivable processes and procedures.
- Implement best practices to enhance efficiency and accuracy in accounts receivable management.
Compliance and Documentation
- Ensure compliance with company policies and relevant accounting regulations.
- Maintain accurate and up-to-date records of all accounts receivable transactions.
Team Collaboration
- Collaborate with other departments, such as property management, sales and leasing, to ensure accurate and efficient billing and collections.
Qualifications:
Education: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Experience: Minimum of 5 years of experience in accounts receivable, preferably in the real estate industry.
Skills:
- Strong knowledge of accounting principles and practices.
- Proficiency in accounting software and Microsoft Office Suite, particularly Excel, Tally, Business Central.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Ability to work independently and manage multiple tasks effectively.
- Detail-oriented with strong organizational skills.
Preferred Qualifications
- Experience with property management software (e.g., Dynamics 365 or similar).
- Knowledge of real estate accounting and financial management.
- Certified Public Accountant (CPA) or other relevant professional certification.
Working Conditions
- This position typically works in an office environment.
- Occasional overtime may be required during peak periods, such as month-end or year-end closing.