[Hiring] Real Estate Accountant Dubai UAE
Position: Real Estate Accountant
Date Posted: August 23, 2025
Industry: Real Estate / Finance
Employment Type: Full Time
Experience: 3–5 years of accounting experience in the real estate sector (UAE experience preferred)
Qualification: Bachelor’s Degree in Accounting, Finance, or a related field
Salary: AED 5000 to 10000
Location: Dubai, United Arab Emirates
Company: Sawani Properties
Description:
Job Summary
Sawani Properties is seeking a detail-oriented and experienced Real Estate Accountant to manage and maintain accurate financial records for our property portfolio. The ideal candidate will have solid experience in real estate accounting, including handling rental income, service charges, escrow accounts, and VAT compliance. This role ensures precise financial management across all properties while adhering to UAE regulations and accounting standards.
Key Responsibilities
Financial Recordkeeping
• Record all financial transactions related to property sales, leasing, and management.
• Prepare journal entries, bank reconciliations, and general ledger reconciliations.
• Maintain updated records of property expenses, revenues, and asset values.
Accounts Receivable & Payable
• Track rental collections, service charges, and deposits.
• Issue invoices to tenants, monitor overdue accounts, and follow up on payments.
• Manage vendor payments and ensure all expenses are properly recorded and approved.
Property Accounting
• Maintain accurate accounts for individual properties.
• Monitor property-related costs such as maintenance, utilities, and service contracts.
• Allocate shared costs proportionately across multiple units or buildings.
Reporting & Compliance
• Prepare monthly, quarterly, and annual financial statements.
• Assist with internal and external audits.
• Ensure compliance with UAE VAT laws, RERA regulations, and accounting standards (IFRS).
Payroll & Petty Cash (if applicable)
• Support payroll processing for small teams or site staff.
• Maintain petty cash log and reconcile with supporting receipts.
Budgeting & Forecasting
• Assist in annual budgeting for real estate projects and operating properties.
• Monitor variances and report any financial discrepancies.
Requirements
• Strong understanding of property accounting, tenant ledger systems, and IFRS.
• Familiarity with RERA rules, VAT procedures, and DLD transactions.
• Proficient in accounting software such as Tally, QuickBooks, SAP, or Yardi.
• Advanced Excel skills.
• Strong attention to detail and ability to work independently.
Compensation & Benefits
• Competitive Salary
• Health insurance, annual leave, visa sponsorship, performance bonus
About Sawani Properties
Sawani Properties is a boutique real estate company based in Dubai, specializing in high-end residential and commercial property management, leasing, and investment advisory. The company is committed to transparency, professionalism, and operational excellence.
Disclaimer: The job details above are structured for clarity and based on publicly available content from recruiters/Company pages. All rights remain with the original source; names may be withheld for confidentiality. We are not involved in the hiring process.
