Accountant

Job description / Role

We have an opening for an accountant. The candidate should hold CPA with relevant experiences.

Daily Activities:

Updating the Finance Reports:
- Analysis of All Onyx Units
- Receipt Register - Unit Instalments and other fees
- Receiving collections for unit instalments of Onyx and preparing the Receipt Vouchers accordingly.
- Preparing Onyx statement of accounts, follow up letter on outstanding dues as requested by customer service.
- Coordinating and following up with banks and suppliers for Ishraqah’ and Onyx transactions
- Handling Petty Cash of Ishraqah’

Weekly Activities:
- Preparing Weekly Ishraqah’ and Onyx Cash Forecasts
- Initial checking of Ishraqah’ and Onyx supplier invoices, processing for payment, cheque preparation and Payment Vouchers

Monthly Activities:
- Preparing Ishraqah’ and Onyx Monthly Reports
- Preparing of Monthly Bank Reconciliations of Ishraqah’ and Onyx
- Preparing Onyx Monthly Cash Forecast
- Preparing of Journal Vouchers for Ishraqah’ and Onyx
- Preparing for payment reminders, follow-up letters and final demand letters being sent to Onyx customers
- Preparing the Month-end Petty Cash Report

Yearly Activities:
- Preparing RERA Reports (RT/02 and RT/04) of Onyx
- Preparing audit work paper for the Financial Statements of Ishraqah’ and Onyx

Other Activities:
- Monitoring license renewals, JAFZA activities with Puthran for Ishraqah’ and Onyx
- Preparing initial draft of correspondences and reply letters to be sent to customers in Onyx with complaints
- Preparing initial draft of correspondences to banks for Onyx
- Preparing the Month-end Petty Cash Report
- Handling tasks assigned by the Financial Controller as required

Requirements

Candidate should be smart, energetic, self motivated and professional.

About the Company

Ishraqah was established as a strategic alliance between two prominent Gulf business groups, Al Zahran Group and Bin Mahfouz Group, in 2006 to pursue opportunities in the regional and international property markets. Ishraqah and its sister companies currently manage a portfolio of real estate developments of over AED 5 billion covering the UAE and KSA markets with offices in Dubai, Riyadh and Jeddah. The Company’s prime objective is to be a dynamic, environmentally conscious and ethical organization committed to developing innovative and unmatched products to excel customer expectations.

Ishraqah has always given top priority to innovation and quality with a clear focus of providing investment and home ownership opportunities to its valued customers. Ishraqah is steadily growing and establishing itself as a valuable contributor to the vision of the UAE leadership, while keeping constant touch and nurturing its root in other parts of the world, with prime concentration on the most promising MENA Region.