Chief Accountant - Real Estate
Who We Are
Founded in 1978, Al Marwan Group is a diversified organization serving the construction, heavy machinery, Oil & Gas, real estate, development and Hospitality sectors across the GCC. The Group operates through multiple business units and subsidiaries, delivering integrated solutions supported by strong operational expertise and a well‑established regional presence.
Who We Are
Founded in 1978, Al Marwan Group is a diversified organization serving the construction, heavy machinery, Oil & Gas, real estate, development and Hospitality sectors across the GCC. The Group operates through multiple business units and subsidiaries, delivering integrated solutions supported by strong operational expertise and a well‑established regional presence.
Job Summary
We are looking for an experienced Chief Accountant with strong Real Estate / Property Accounting expertise and hands‑on experience with Yardi to lead accounting operations and financial reporting across our real estate portfolio.
Key Responsibilities
- Oversee day-to-day accounting operations for real estate properties and corporate entities.
- Manage and review GL, AP, AR, journal entries, accruals, payments, receipts, and reconciliations.
- Lead monthly, quarterly, and annual closing processes.
- Prepare and review property‑level and consolidated financial statements and management reports.
- Manage property and tenant accounting, including rental income, service charges, deposits, receivables, and operating expenses.
- Review tenant ledgers, aged receivables, and outstanding balances.
- Monitor intercompany and related‑party transactions.
- Support budgeting, forecasting, cash‑flow projections, and variance analysis.
- Coordinate with external auditors and support audit and statutory requirements.
- Ensure appropriate accounting treatment for property acquisitions, disposals, CAPEX, depreciation, and property investments.
- Maintain effective accounting controls and procedures.
- Supervise, review, and mentor accounting team members.
Yardi Responsibilities
- Manage and review property‑level accounting and financial transactions in Yardi.
- Ensure accurate coding of transactions by property, unit, department, and account.
- Perform Yardi bank, tenant, vendor, and GL reconciliations.
- Generate and review property financial statements and management reports.
- Support lease, tenant, AP, AR, and property accounting processes.
- Assist with Yardi month‑end closing and resolve accounting discrepancies.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- 5–8+ years of accounting experience, preferably in Real Estate, Property Management, or Investment companies.
- Mandatory hands‑on experience with Yardi accounting systems.
- Strong knowledge of real estate and property accounting.
- Strong understanding of IFRS and financial reporting principles.
- Proven experience in month‑end/year‑end closing and audit coordination.
- Advanced Microsoft Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS, and financial reporting.
- Experience supervising or reviewing accounting team members.
- Strong analytical, reconciliation, and problem‑solving skills.
- UAE/GCC accounting experience is an advantage.
- ACCA, CPA, CMA, or equivalent professional qualification is preferred.
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