Job Title: Chief Accountant
– Real Estate
Department: Finance
Reports to: Finance Director/ Finance Controller
Summary:
The Chief Accountant – Real Estate is responsible for providing administrative and financial support to the Finance Director. This includes managing the day-to-day financial operations of real estate properties, maintenance of books of account, compliance management, preparing financial reports and budgets and implementation of internal control policies and procedures.
Essential Duties and Responsibilities:
Financial Operations:
Responsible for Revenue process to ensure timely recognition, accuracy and completeness of revenue from real estate operations.
Oversee the accounts receivable and accounts payable processes, ensuring accuracy and timely processing. Monitoring of receivables collection status on regular basis and follow up on the instances of delay in collections.
Manage financial transactions, including vendor payments, lease agreements, and property-related expenses.
Coordinate with external auditors for the completion of financial audits.
Preparation of information required for the direct and indirect tax filings
Financial Reporting and Analysis:
Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements for real estate properties.
Responsible for the timely closure of books on monthly basis and preparation of MIS reporting to the management
Assist in the preparation of monthly, quarterly, and annual financial reports in compliance with IFRS framework for management and external stakeholders.
Conduct financial analysis, variance analysis, and performance tracking to identify trends, risks, and opportunities.
Develop financial models and forecasts to support decision-making processes and strategic planning.
Ensure compliance with accounting standards, financial regulations, and internal policies.
Budgeting and Forecasting:
Assist in the development and monitoring of annual budgets and forecasts for real estate properties.
Collaborate with property managers and other departments to gather financial information for budgeting purposes.
Prepare cashflow forecasts on regular basis
Qualifications:
Chartered Accountant
3 to 6 years of experience in real estate finance operations.
Excellent financial analysis and reporting skills.
Strong organizational and time management skills.
Proficient in Microsoft Office Suite.
Ability to work independently and as part of a team.
Salary and Benefits:
Competitive salary and benefits package.
If you are a highly organized and motivated individual with experience in real estate finance, we encourage you to apply for the Chief Accountant – Real Estate position. The client offers a competitive salary and benefits package, and are committed to providing their employees with a positive work environment.
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