Accountant Required in Dubai
Key Responsibilities:
Financial Reporting: Prepare and present regular financial reports, including income statements, balance sheets, and cash flow statements, specific to the holiday homes
Bookkeeping: Maintain accurate and up-to-date records of all financial transactions, including guest payments, vendor invoices, and operational expenses
Budget Management: Assist in the preparation of annual budgets for each holiday home and monitor expenditures to ensure adherence to budgetary guidelines
Accounts Receivable/Payable: Manage invoicing and collections for guest stays and other services, and process vendor payments in a timely manner
Tax Compliance: Ensure compliance with local tax regulations, prepare and file tax returns, and handle any tax-related issues or audits
Payroll: Process payroll for any staff or contractors associated with the holiday homes, including calculating wages, deductions, and benefits
Financial Analysis: Analyze financial performance of holiday homes, identify trends, and provide recommendations for cost-saving measures or revenue enhancement
Reconciliation: Perform regular bank reconciliations and resolve any discrepancies between bank statements and accounting records
Property Management Coordination: Work closely with property managers to track expenses and revenue related to property maintenance and guest services
Guest Transactions: Oversee and reconcile guest transactions, including deposits, refunds, and charges related to their stay
Compliance and Controls: Ensure all financial processes adhere to company policies and regulatory requirements, implementing controls to prevent fraud and errors
Reporting to Management: Provide financial insights and updates to senior management, assisting with strategic planning and decision-making
Requirements
Bachelor’s degree in Accounting, Finance, or a related field
Proven experience as an accountant, preferably with experience in the hospitality or property management sector
Strong understanding of accounting principles and financial reporting
Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Excel
Excellent attention to detail and organizational skills
Ability to work independently and manage multiple priorities
Strong communication skills and ability to interact professionally with clients, vendors, and management
Knowledge of local tax laws and property management regulations is a plus
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