Accountant - Property Management at Asico

Dubai, Dubai, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

11 Jun, 26

Salary

0.0

Posted On

13 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Property-Level Accounting, Tenant Billing, Service Charge Reconciliation, Financial Reporting, Full-Cycle Accounting, General Ledger, Bank Reconciliations, Rent Roll Management, Accounts Receivable, Security Deposits, Lease Agreements, Accounts Payable, Budgeting, Variance Analysis, Cash Flow Projections, GAAP

Industry

Construction

Description

Job Summary We are seeking an experienced Accounts Manager – Property Management to oversee the full- cycle accounting and financial operations of a real estate property portfolio. The ideal candidate will have strong expertise in property-level accounting, tenant billing, service charge reconciliation, and financial reporting within residential, commercial, or mixed-use portfolios. Key Responsibilities 1. Property-Level Accounting Manage full accounting cycle for assigned properties Prepare monthly property financial statements (P&L, Balance Sheet, Cash Flow) Maintain general ledger and ensure accurate property-level reporting Conduct bank and account reconciliations Monitor property income and expense allocations 2. Rent & Tenant Accounting Oversee rent roll management and tenant billing Monitor accounts receivable and ensure timely rent collection Handle security deposits, lease charges, escalations, and adjustments Review lease agreements for accurate financial implementation Manage service charge / CAM reconciliation processes 3. Accounts Payable Supervise vendor payments and contractor invoices Ensure proper coding of expenses to correct properties and cost centers Monitor recurring expenses and operating costs Maintain strong internal approval and payment controls 4. Budgeting & Financial Planning Assist in preparation of annual property operating budgets Track actual vs. budget performance and provide variance analysis Prepare cash flow projections for property operations Support asset management team with financial insights 5. Compliance & Controls Ensure compliance with accounting standards (GAAP / IFRS as applicable) Manage property tax payments and statutory requirements Support internal and external audits Maintain accurate financial documentation and records 6. Reporting & Stakeholder Coordination Prepare financial reports for property owners/investors Coordinate with property managers regarding operational expenses Provide management with occupancy, revenue, and cost analysis Liaise with auditors, banks, and tax consultants as needed 7. Team Supervision Supervise property accountants and accounting assistants Review work for accuracy and compliance Improve accounting processes and system efficiency Bachelor’s degree in Accounting, Finance, or related field CPA / ACCA / CMA (preferred but not mandatory) 5–8+ years of accounting experience, with minimum 3+ years in property management accounting Strong understanding of lease structures and property financial models

Responsibilities

This role involves overseeing the full-cycle accounting and financial operations for a real estate property portfolio, including managing property-level accounting, rent/tenant accounting, and accounts payable functions. Key duties also include assisting with budgeting, financial planning, compliance, reporting to owners/investors, and supervising accounting staff.