About Us

OCTA Properties is a versatile organization providing Dynamic Innovative Solutions for the Property Development & Investment sectors such as Exclusive Developer Representation, Luxury Branded Residences, Turnkey Property Development, and Advisory Consultation.

Introduced by Fawaz Sous to the United Arab Emirates & International Markets, our team is backed by a wealth of experience and network in the real estate sector, enabling them to deliver results above and beyond expectations, minimize risk, improve efficiency & maximize profitability throughout any development lifecycle.

Our team is our number one priority, and we want to make sure we surround ourselves with the best talent to continue going from strength to strength, transforming the real estate market across the globe. We are on the lookout for an experienced Accounts Receivable Accountant.

The Accounts Receivable (AR) Accountant is responsible for managing the company's accounts receivable processes, ensuring accurate and timely invoicing, collections, reconciliation, and reporting. This role plays a critical part in maintaining the financial health of the company by monitoring incoming payments and ensuring compliance with company policies and accounting standards.

What will be your responsibilities?

Invoicing and Billing

• Prepare and issue invoices to customers in a timely and accurate manner.
• Ensure all invoices are compliant with contractual terms, tax regulations, and company policies.
• Resolve discrepancies in billing and liaise with relevant departments for corrections.

Collections and Customer Account Management

• Monitor and follow up on outstanding receivables to ensure timely collection.
• Build and maintain strong relationships with customers to facilitate smooth payment processes.
• Address and resolve customer queries or disputes regarding billing and payments.

Reconciliation and Reporting

• Reconcile customer accounts and AR ledgers to ensure accuracy.
• Prepare periodic AR aging reports, highlighting overdue accounts and collections progress.
• Assist in preparing monthly, quarterly, and annual financial reports related to AR.

Process Improvement and Compliance

• Maintain accurate records of all AR transactions in the financial system.
• Identify opportunities to improve AR processes and enhance efficiency.
• Ensure compliance with internal controls, company policies, and regulatory standards.

What are the skills & qualifications we are looking for?

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 3 years of experience in accounts receivable or general accounting in Real Estate.
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and MS Excel.
• Strong understanding of accounting principles and practices.
• Knowledge of VAT regulations and financial compliance.
• Excellent communication and interpersonal skills.
• Strong attention to detail and analytical thinking.
• Problem-solving skills with a proactive approach.