Job Overview:
The Accountant will be responsible for managing day-to-day financial transactions related to real estate operations, ensuring accurate financial reporting, compliance with regulations, and proper control of receivables, payables, and property-related accounts. Key Responsibilities Manage accounts payable and receivable related to properties (rents, service charges, vendor payments).
- Reconcile tenant accounts, lease agreements, and customer ledgers.
- Record and monitor rental income, deposits, and property expenses.
- Prepare monthly bank reconciliations and general ledger reconciliations.
- Assist in monthly, quarterly, and annual financial reporting.
- Monitor escrow accounts and ensure compliance with regulatory requirements (if applicable).
- Coordinate with leasing, property management, and operations teams regarding financial matters.
- Assist during internal and external audits.
- Ensure compliance with company policies and local financial regulations.
- Maintain accurate documentation of contracts, invoices, and payment records.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- 3–5 years of accounting experience, preferably in the real estate sector.
- Strong knowledge of financial reporting and accounting principles.
- Experience handling rental income, service charges, and property accounting.
- Proficiency in ERP systems (e.g., SAP, Oracle, MS Dynamics) and advanced Excel skills.
- Strong attention to detail and analytical skills.
- Good communication and coordination skills.
- Preferred Experience in real estate developers or property management companies.
- Knowledge of local real estate regulations and escrow processes.
- Professional certification (ACCA, CPA, CMA) is an advantage.