ABOUT THE ROLE
Unique Properties is looking to hire an experienced Accounts Receivable (AR) Accountant to join our expanding team. The AR Accountant will be responsible for managing the end-to-end accounts receivable process, ensuring timely and accurate invoicing, payment collection, and reconciliation for a real estate brokerage business. The role requires collaboration with sales, leasing, and finance teams to ensure smooth and efficient financial operations while maintaining strong relationships with clients and agents.
DUTIES & RESPONSIBILITIES
- Prepare and issue accurate invoices for real estate brokerage services, including sales commissions, rental commissions, and other related transactions.
- Ensure all invoices are raised promptly after deal closure and in compliance with internal policies.
- Monitor accounts receivable to ensure timely collection of payments from developers, clients, and tenants.
- Follow up on overdue accounts, initiate collection efforts, and communicate payment terms with clients.
- Reconcile incoming payments with invoices and ensure accurate recording in the accounting system.
- Maintain detailed records of accounts receivable, outstanding balances, and payment histories.
- Prepare AR aging reports and escalate delinquent accounts as necessary.
- Track commissions for real estate agents, ensuring that payments are processed accurately based on agreed terms (such as title deed transfer, tenancy contract signing, etc.).
- Assist in managing the advance commission process as per company policy.
- Liaise with clients and agents to resolve any disputes or discrepancies related to invoices, payments, or commissions.
- Provide statements of accounts to clients and maintain excellent customer service throughout the collection process.
- Ensure compliance with local regulations, company policies, and accounting standards in all AR processes.
- Maintain organized records of invoices, payments, and related documentation for audit purposes.
- Continuously assess and improve the accounts receivable process to enhance accuracy, efficiency, and cash flow management.
- Collaborate with the finance team to develop strategies for optimizing AR performance.
REQUIREMENTS AND QUALIFICATIONS
- Bachelor's degree in Accounting, Finance, or a related field.
- ACCA, FCCA, CIMA, or similar qualifications preferred.
- Tagalog speaker preferred.
- Proven experience (2+ years) in accounts receivable, preferably within the real estate or brokerage industry.
- Strong knowledge of accounting principles and relevant laws/regulations in the UAE.
- Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Office, especially Excel.
- Excellent communication and negotiation skills.
- Strong attention to detail and organizational skills.
- Ability to work independently and meet deadlines.
- Familiarity with real estate commission structures and invoicing in a brokerage environment.
- Experience with ERP systems and CRM software used in real estate.
- Knowledge of VAT regulations in the UAE and experience with VAT filings.
- Strong analytical and problem-solving abilities.
- Ability to manage multiple tasks efficiently and effectively.
- High level of integrity and discretion in handling sensitive financial information.
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We highly appreciate your interest in Unique Properties. Rest assured that if your profile meets the criteria for the position we will most definitely be in touch.
Please note that only shortlisted candidates will be contacted.
We thank you for your understanding and wish you the best of luck in your professional advancement.
