Accountant

NED Properties is seeking a detail-oriented and experienced Accountant with a background in real estate leasing, property management, and/or facilities management. The ideal candidate will have hands-on experience managing accounting operations related to rental income, tenant accounts, property expenses, maintenance costs, vendor payments, and financial reporting. Key Responsibilities 1. General Accounting & Financial Reporting • Manage day-to-day accounting activities, including journal entries, general ledger maintenance, accounts payable, and accounts receivable. • Prepare monthly management accounts, financial statements, cash flow reports, and account reconciliations. • Perform bank reconciliations and investigate discrepancies to ensure accurate financial records. • Support month-end and year-end closing activities, budgeting, and financial forecasting. • Maintain accurate financial documentation and ensure compliance with internal controls and accounting standards. 2. Leasing & Property Management Accounting • Monitor rental income, tenant accounts, outstanding receivables, and overdue rental collections. • Maintain accurate records of lease agreements, rental schedules, renewals, security deposits, and tenant transactions. • Reconcile rental receipts, tenant ledgers, landlord statements, and related accounts. • Coordinate with leasing and property management teams to ensure accurate billing and timely collection of rental payments. • Handle rent adjustments, credit notes, tenant refunds, and security deposit settlements. • Prepare property-wise financial reports and monitor income and expenditure across the property portfolio. 3. Facilities Management & Property Expenses • Process and monitor vendor invoices, maintenance expenses, service charges, utilities, and other property-related operating costs. • Track facilities management expenses against budgets and investigate significant variances. • Reconcile supplier accounts and coordinate timely payments to contractors and service providers. • Monitor outstanding vendor balances and support cost-control initiatives. • Coordinate with facilities and operations teams to ensure proper expense allocation and supporting documentation. 4. Tax, Compliance & Audit • Support UAE VAT compliance, tax documentation, and applicable regulatory requirements. • Assist with internal and external audits by preparing relevant schedules, reconciliations, and supporting documents. • Ensure financial transactions are recorded accurately and in accordance with applicable accounting standards and company policies. 5. Systems & Process Improvement • Maintain accurate accounting records using accounting software and relevant property management systems. • Support improvements in accounting procedures, reporting processes, and financial controls. • Ensure timely and accurate financial data is available to management for decision-making. Qualifications & Experience • Bachelor's degree in Accounting, Finance, or a related field. • Approximately 3–5 years of relevant accounting experience. • Prior experience in property leasing, property management, and/or facilities management is strongly preferred. • Practical knowledge of rental accounting, tenant receivables, property operating expenses, vendor payments, and reconciliations. • Good understanding of UAE VAT and general accounting principles. • Proficiency in Microsoft Excel and accounting software. • Experience with property management or facilities management systems is an advantage. • Strong analytical, organizational, communication, and problem-solving skills. • Ability to manage multiple accounts and deadlines with a high degree of accuracy. If you're interested in this opportunity, kindly share your CV with us. Show more Show less

Key Responsibilities: 1. General Accounting & Financial Reporting - Manage day-to-day accounting activities, including journal entries, general ledger maintenance, accounts payable, and accounts receivable. - Prepare monthly management accounts, financial statements, cash flow reports, and account reconciliations. - Perform bank reconciliations and investigate discrepancies to ensure accurate financial records. - Support month-end and year-end closing activities, budgeting, and financial forecasting. - Maintain accurate financial documentation and ensure compliance with internal controls and accounting standards. 2. Leasing & Property Management Accounting - Monitor rental income, tenant accounts, outstanding receivables, and overdue rental collections. - Maintain accurate records of lease agreements, rental schedules, renewals, security deposits, and tenant transactions. - Reconcile rental receipts, tenant ledgers, landlord statements, and related accounts. - Coordinate with leasing and property management teams to ensure accurate billing and timely collection of rental payments. - Handle rent adjustments, credit notes, tenant refunds, and security deposit settlements. - Prepare property-wise financial reports and monitor income and expenditure across the property portfolio. 3. Facilities Management & Property Expenses - Process and monitor vendor invoices, maintenance expenses, service charges, utilities, and other property-related operating costs. - Track facilities management expenses against budgets and investigate significant variances. - Reconcile supplier accounts and coordinate timely payments to contractors and service providers. - Monitor outstanding vendor balances and support cost-control initiatives. - Coordinate with facilities and operations teams to ensure proper expense allocation and supporting documentation. 4. Tax, Compliance & Audit - Support UAE VAT compliance, tax documentation, and applicable regulatory requirements. - Assist with internal and external audits by preparing relevant schedules, reconciliations, and supporting documents. - Ensure financial transactions are recorded accurately and in accordance with applicable accounting standards and company policies. 5. Systems & Process Improvement - Maintain accurate accounting records using accounting software and relevant property management systems. - Support improvements in accounting procedures, reporting processes, and financial controls. - Ensure timely and accurate financial data is available to management for decision-making.