1- Accountant, Revenue
- Industry: Majid Al Futtaim
- Job Location: Dubai
- Gender: Any
- City: Dubai
- Employment Type: Full Time
- Location: Dubai, UAE
About Role:
The role involves supporting the Finance Manager– Revenue in overseeing day-to-day operations and supervision. It’s integral in verifying and ensuring the accuracy of tenant lease data, advances, receivables, and provision balances. Additionally, it ensures that Accounts Receivable and Leases Revenues adhere to company policies and procedures and applicable DOA.
Moreover, this position implements and monitors the monthly closing process for Revenue and Accounts Receivable. It also conducts regular reviews of tenant account balances, oversees timely billing and collection, and ensures the safekeeping of PDCs.
Responsibilities:
Here’s what you’ll be responsible for:
- Perform monthly recurring billing and verify that the recorded monthly revenues match the terms of the signed lease agreements.
- Generate and update receipts for tenants regarding various payments such as rent, utilities, and deposits.
- Review and reconcile tenant account balances for revenue and receivables with the general ledger each month, resolving any discrepancies promptly.
- Conduct IAS 17 analysis and ensure the accuracy of adjustment entries made on a monthly basis.
- Assist Leasing and Asset Management teams with daily transactions related to lease renewals, amendments, surrenders, and new deals, offering prompt feedback.
- Prepare tenants’ account statements as needed.
- Provide historical information and analysis upon request.
- Streamline Revenue and Receivables transactions, including refunds, Statement of Accounts, and billing, to reduce processing time.
- Ensure timely resolution of any reconciling items resulting from revenue bank accounts reconciliation.
Requirements:
Here’s what you need to qualify:
- A Bachelor’s degree in Accounting or Finance is required. Having a professional qualification like ACMA or ACCA is advantageous.
- You should have at least 3-4 years of experience after completing your qualifications, ideally in a Finance support role. It’s beneficial to have a strong understanding and experience in Accounts Receivable and Revenue Accounting, particularly within a respected real estate development or asset management organization in the GCC or abroad, in a similar capacity.
How to Apply:
To apply for this Accountant, role, please submit your resume through the link below.
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