Bright Start LLC
Job Description – Accountant-
Available to join immediately.
A brief overview of the company; The company is engaged in the management and leasing of real estate properties in the residential, commercial, retail and mixed-use sectors of the real estate industry in Dubai. It is also actively involved in developing new real estate projects.
Prime duties and responsibilities involve.
1.Recording & Posting of Financial Transactions
Ability to Check and verify rental agreements (tenancy contracts) and other incomes of properties against approved data and information provided by the property management companies.
Checking of properties’ operating expenses with due verifications against long term supplier contracts, service reports & approved expenditure and other maintenance reports provided by the property management team.
Prepare and maintain schedules of incomes and expenses and associated registers in Ms Excel
Check & verify monthly DEWA Bills of properties for accuracy of period, previous payment issued, monthly billed charges & of unusual variations in billings.
Record incomes and expenses related transactions in company’s accounting system (inc. posting journal vouchers for tenancy contract renewals).
Post month-end accounting entries & reconcile ledger account balances.
Experience in assisting in monthly MIS preparations on timely interval as per the company’s reporting deadlines.
Banking related
Ensure the accuracy of the post-dated cheques for technical correctness, lodging in the bank, filing copies of cheques & related bank slips.
Monitoring the realisation of Post-Dated Cheques (PDCs) and posting of entries of cleared cheques in the company accounting system
Reconciliation of Post-Dated Cheques lodgements in the bank against List of PDCs obtained from bank to the company accounts.
Prepare and process requests to withdraw PDCs from the bank and follow up with bank until conclusion.
Update the list of bounced PDCs and maintain bounced cheque register. Ensure collection of bounced PDCs from bank
Preparation of monthly bank accounts’ reconciliations
Prepare the cheques for issuance weekly/monthly (A/P weekly/monthly), follow-up Receipts.
Prepare bank applications for foreign remittances and local bank transfers.
Independent verification of Vendor/Supplier bank accounts
Property Management
Prepare and update the schedules of vacant units property-wise
Follow up on new leases approved
Follow up and collect long term supplier contracts and renewal contracts thereon. Check/verify terms Filing.
Value Added Tax
VAT related documentation & accounting entries. Checking Tax Invoices, ensure timely preparation of VAT returns and filing.
VAT outstanding follow ups and collections
Prepare/update schedules of quarterly/monthly VAT Returns
Petty Cash, Miscellaneous Tasks
Disburse petty cash, reconcile balances, verify petty cash receipts.
Perform miscellaneous duties and tasks related to above areas as delegated by Seniors.
Other
Other work responsibilities that maybe delegated from time to time apart from those specified above
Candidate Profile – Accountant
1. Qualifications: Bachelor of Commerce or similar bachelor’s degree or/and Partial professional accountancy qualification would be an added advantage.
2. Experience: Minimum work experience of 04 years and proficient in Oracle NetSuite
3. Available to join immediately.
4. Gender: Male
5. Salary: Negotiable; Benefits: Annual airfare, medical insurance, life insurance, discretionary annual bonus; UAE Driving license is an added advantage.