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Senior Financial Accountant
Job in
Dubai, Dubai, UAE/Dubai
Listed on 2026-05-13
Listing for:
VIRTUS Real Estate, Inc
Full Time
position Listed on 2026-05-13
Job specializations:
-
Finance & Banking
Financial Reporting, Tax Accountant -
Accounting
Financial Reporting, Tax Accountant
Job Description & How to Apply Below
VIRTUS Real Estate, Inc is a growing real estate investment and development firm with a strong portfolio across Dubai and the wider UAE. We specialize in residential, commercial, and mixed-use projects, working with investors, developers, and property management teams. As we expand our operations, we are looking for a detail-oriented and experienced Senior Financial Accountant to join our Dubai team. You will oversee financial reporting, property-level accounting, compliance, and cash flow management for our real estate portfolio.
Responsibilities- Prepare and review monthly, quarterly, and annual financial statements in compliance with IFRS and UAE regulations
- Manage full-cycle accounting for real estate properties, including revenue recognition, lease accounting, and property operating expenses
- Oversee accounts payable, accounts receivable, general ledger, and bank reconciliations
- Prepare and file VAT returns and ensure compliance with UAE tax laws and real estate-specific regulations (including RERA requirements where applicable)
- Monitor cash flow, investor distributions, and capital expenditures for development projects
- Coordinate with external auditors, tax advisors, and regulatory authorities (DED, RERA, DLD)
- Assist in budgeting, forecasting, and variance analysis for individual properties and the corporate entity
- Develop and improve financial policies, procedures, and internal controls for real estate operations
- Support the finance team with due diligence for new acquisitions and project financing
- Supervise and mentor junior accounting staff as needed
- Bachelor's degree in Finance, Accounting, or a related field. CPA, ACCA, CA, or CMA is strongly preferred
- 5-8 years of progressive experience in financial accounting, with at least 2-3 years in real estate, property management, or construction in the UAE
- Strong knowledge of IFRS, VAT regulations, RERA rules, and Dubai real estate accounting practices
- Experience with lease accounting (IFRS 16) and real estate revenue recognition (IFRS 15) is highly desirable
- Proficiency with accounting software (Quick Books, Xero, SAP, or Yardi) and advanced Excel skills
- Excellent analytical, problem-solving, and organizational skills
- Strong attention to detail and ability to meet tight monthly closing deadlines
- Effective communication skills in English;
Arabic is an asset but not required - Ability to work independently and collaboratively in a fast-paced environment
- Must have a valid UAE PASS for digital identity verification and onboarding
Position Requirements
10+ Years
work experience
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