Associate Accountant

Responsibilities

Accounting:
Maintain accurate books of accounts for multiple Owners Associations and Master Communities. Allocate shared costs accurately across towers and common areas. Monitor fund utilization in line with approved OA budgets.

• Financial Reporting & Closing:
  Prepare monthly & annual financial reports, analyse variances between actuals vs approved budgets. Ensure timely month & year-end close for each community/entity
• Service Charge Budgeting & Forecasting:
  Assist in preparation of annual service charge budgets and revised forecasts. Track expenditures against approved budgets and flag overruns proactively
• Manage Accounts Payables:
  Process vendor invoices, monitor aged payables and ensure timely payments, reconcile vendor balances, reconcile AP ledger to GL, address vendor disputes and coordinate with operation team members.
• Accounts Receivable & Collections:
  Manage Owners’ receivables, monitor aging reports and support collection follow-ups for overdue balances. Ensure accurate posting of receipts and reconciliation of owner accounts
• General Ledger & Reconciliations:
  Maintain integrity of the General Ledger for each OA, perform monthly bank, fund, inter-entity, and balance sheet reconciliations. Review and approve journal entries, accruals, and provisions
• Compliance, Audit & Regulatory Coordination:
  Ensure compliance with OA regulations, assist in VAT reports and filing, support audits including audit confirmations and schedules.
• Best Practices & Team Player:
  Support Finance Manager in budget processes, reporting packs, and reconciliations; drive automation, build a culture of accountability, accuracy, and continuous improvement.

• Bachelor’s degree in accounting, Finance, or Business.
• Professional certification CA, CPA, ACCA or Master’s in finance required.

• 8+ years of experience in finance, preferably in property management or Owners Association accounting.
• Handled full-cycle AP, AR, and General Ledger accounting
• Experience in budgeting, MIS reporting, aging analysis, and preparation of monthly financial reports.
• Hands-on experience in VAT reporting and compliance, including filing requirements.
• Proficient in ERP systems, with preference for experience in property management platforms and Oracle Fusion.