Accountant

About Us:TownX Real Estate Development LLC is a premier property developer in Dubai specializing in crafting luxurious residential buildings. We are dedicated to delivering exceptional living experiences through innovative design toptier construction and cuttingedge real estate solutions.Role Summary:We are looking for a skilled and detailoriented Accountant with experience in real estate accounting. The successful candidate will be responsible for managing financial transactions ensuring compliance with UAE financial regulations preparing reports and supporting overall financial operations within the company.Key Responsibilities:Financial Management & ReportingMaintain and update financial records ensuring accuracy and compliance with IFRS and UAE accounting standards.Prepare and analyze monthly quarterly and annual financial statements.Generate financial reports to support management decisionmaking.Accounts Payable & ReceivableManage vendor invoices payments and reconciliations.Oversee client billing collections and followups on outstanding balances.Ensure timely processing of receipts and payments related to real estate transactions.Bank Reconciliation & Cash Flow ManagementReconcile bank statements with company records to ensure accuracy.Monitor cash flow to ensure sufficient liquidity for operations and investments.Maintain escrow accounts in compliance with real estate regulatory requirements. Taxation & CompliancePrepare and file VAT returns ensuring compliance with UAE tax laws.Assist in external and internal audits providing necessary documentation and support.Ensure all financial activities align with UAE regulatory requirements.Property & Lease AccountingManage accounting for rental income lease agreements and service charges.Track and record real estate project costs and expenses.Maintain financial records for ongoing and completed real estate transactions.Requirements Qualifications: Bachelor s degree in Accounting Finance or a related field. 35 years of accounting experience preferably in real estate or property development. Must be from ACCA or CA background Audit (CA) firm experience of 3 years Skills: Proficiency in accounting software (e.g. Zoho Books QuickBooks SAP or similar). Strong knowledge of UAE VAT regulations IFRS standards and real estate financial operations. Experience with escrow accounts service charges and rental income accounting. Excellent analytical problemsolving and organizational skills. Strong attention to detail and ability to meet deadlines. Fluency in English is required; knowledge of Arabic is a plus. BenefitsAs per UAE Labour Law Key Skills Internal Audit,Accounting Tally,General Ledger Accounting,External Audit,Microsoft Excel,PMP,Financial Accounting,Financial Analysis,Payroll,Financial Recouncilation,Financial statement,Accounting and Finance,ACCA,CPA,Financial Reporting Employment Type : Full Time Experience: years Vacancy: 1