Senior Accountant– Real Estate

Job Description – Senior Accountant (Real Estate) Position: Senior Accountant– Real Estate Position Overview We are seeking an experienced, commercially driven, and detail-oriented Senior Accountant to manage the finance operations while supporting the commercial, sales and customer lifecycle within a UAE real estate development environment. The ideal candidate must possess strong UAE real estate developer experience with extensive knowledge of Sales Purchase Agreements (SPA), Salesforce CRM, escrow account management, project accounting, customer collections, financial reporting and UAE regulatory compliance. The successful candidate will work closely with the Sales, CRM, Legal, Customer Service, Projects and Senior Management teams to ensure financial accuracy throughout the customer journey—from booking through project handover. Key Responsibilities 1. Sales Purchase Agreement (SPA) Management • Review, verify, and validate Sales Purchase Agreements (SPA) prior to execution. • Ensure SPA financial terms align with approved pricing, payment plans, company policies and management approvals. • Monitor customer payment schedules and milestone collections in accordance with executed SPAs. • Coordinate with the Sales and Legal teams regarding SPA amendments, transfers, cancellations and their financial implications. • Verify booking amounts, instalment schedules, discounts, incentives, rebates and special approvals. • Ensure accurate revenue recognition in accordance with executed SPAs and IFRS requirements. 2. CRM & Sales Accounting Coordination • Work extensively with Salesforce CRM (or similar Real Estate CRM platforms) to monitor sales transactions and customer payment status. • Reconcile CRM sales records with ERP and accounting systems to ensure financial accuracy. • Monitor booking status, payment milestones, instalment schedules, customer ledgers and payment history. • Generate accurate financial and operational reports covering: • Sales collections & performance • Outstanding customer balances • Revenue tracking • Broker and sales commission calculations • Coordinate with Sales, Collections, Finance and CRM teams to ensure data integrity. • Support automation of commission calculations, customer payment tracking and invoice monitoring. 3. Customer Collections & Receivables Management • Monitor customer receivables, booking payments, instalment collections and post-handover payments. • Track overdue customer accounts and coordinate with collection teams for timely follow-up. • Prepare customer aging reports, receivable analysis, reconciliations and collection forecasts. • Support customer refund processing, account settlements and payment adjustments where applicable. 4. Finance, Project Accounting & Escrow Management & Compliance • Manage the organization's overall finance and accounting operations. • Prepare management reports and provide financial insights to support strategic business decisions. • Manage project accounting activities and monitor development expenditure. • Oversee escrow accounts and monitor project cash movements in accordance with regulatory requirements. • Review payment approvals, treasury transactions, and fund disbursements. • Ensure accurate VAT treatment for all real estate transactions in accordance with UAE VAT regulations. • Maintain audit-ready financial records and supporting documentation. • Ensure compliance with RERA regulations, AML requirements, escrow regulations, and other UAE real estate compliance standards. Qualifications & Experience • Bachelor's Degree in Finance, Accounting, Commerce, or a related discipline. • Minimum 8–10 years of finance experience, including 5–8 years within a UAE Real Estate Developer organisation. • Strong expertise in Sales and Purchase Agreements (SPA) and developer finance operations. • Hands-on experience with Salesforce CRM, ERP systems and real estate financial systems. • Strong experience in customer collections, receivables management, instalment payment plans and revenue accounting. • Excellent analytical, leadership, communication, problem-solving and stakeholder management skills. Show more Show less