Accountant

Job description / Role

Company: Al Khaimah Real Estate
Department: Accounts
Reporting to: Director – Commercial Properties & Group Banking Relations

About the Company

Al Khaimah Real Estate is a growing and dynamic organization managing commercial and residential properties with strong group-level financial coordination. We are seeking a detail-oriented and experienced Accountant to join our Accounts team.

Job Overview

The Accountant will be responsible for managing day-to-day accounting operations, ensuring accurate financial records, timely transaction processing, and compliance with IFRS and UAE VAT regulations. The role involves financial reporting, reconciliations, VAT filing, payroll support, and coordination with auditors and group entities.

Key Responsibilities
1-Accounting & Financial Operations

-Process and review supplier invoices and ensure timely payments
-Manage accounts payable and receivable
-Maintain accurate records of invoices, receipts, debit notes, and payments
-Reconcile bank accounts, petty cash, and general ledger
-Monitor credit card transactions and online payments
-Prepare cheque issuance and cash position reports
-Maintain supplier and personal ledgers

2-Monthly & Periodic Activities

-Support month-end and year-end closing
-Prepare monthly financial and expense reports
-Calculate employee gratuity provisions
-Prepare salary files for payroll processing
-Prepare monthly fund requests for operational and property expenses
-Prepare dividend distribution reports for residential properties

3-VAT, Audit & Compliance

-Prepare VAT documentation and quarterly VAT filings
-Coordinate VAT payments with the Federal Tax Authority
-Ensure compliance with IFRS and internal financial controls
-Assist in internal and external audits
-Maintain strict confidentiality of financial and employee data

4-Group & Tenant Coordination

-Invoice and collect shared expenses from group companies
-Manage head office admin fee recharges
-Coordinate DEWA, sewerage, irrigation, and utility billing for tenants
-Recharge and collect shared costs (insurance, IT, subscriptions)
-Support budgeting and forecasting processes

Education & Experience

- Bachelor’s Degree in Accounting, Finance, or related field
- 3–5 years of accounting experience (Real Estate experience preferred)
- Strong knowledge of IFRS and UAE VAT regulations

Technical Skills

-Strong general ledger and reconciliation expertise
-Advanced proficiency in MS Excel
-Experience with ERP or accounting systems
-Budgeting and forecasting knowledge
-Audit and tax compliance understanding

Competencies

-High attention to detail and accuracy
-Strong analytical and problem-solving skills
-Excellent communication skills
-Strong organizational and time management abilities

Salary:
AED 5,000 to 6,000 per month inclusive of fixed allowances.

About the Company

Conceived by the enterprising mind of Mr. Abdul Ghaffar Al Hashimi, Pearl Coast Investments LLC is a flexible, innovative and responsive company within which beats the heart of young entrepreneurs.

Mr. Abdul Ghaffar Al Hashimi, one of the former senior most managers of the National Bank of Dubai (now Emirates NBD) has been associated with the bank for over four decades and is currently the Chairman of Pearl Coast Investments LLC. He is joined by his sons, Rashad Al Hashimi (Group CEO & Board Member) and Saleh Al Hashimi (Executive Director) to focus on the finances and real estate developments in general.

The organization started its first operation in the real estate industry three decades ago and soon diversified into general trading, building management and maintenance, sports academy and most recently healthcare products trading.