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Accountant

  • Dubai

Industry: Real Estate
Career: Mid Career
Job Location: Dubai
Salary: AED 3501-4000
Experience: 1 – 2 Years
Job Type: Full Time
Gender: Any
Contact No.: 0524802941
Email: [email protected]
Street: Dubai
City: Dubai

Description

  • Financial Reporting: Real estate accountants prepare financial statements such as balance sheets, income statements, and cash flow statements for real estate assets and portfolios. They ensure accuracy and compliance with accounting standards and regulations.
  • Budgeting and Forecasting: They develop and maintain budgets for real estate projects, forecasting income, expenses, and cash flows. This involves analyzing market trends, property performance, and economic indicators to make informed projections.
  • Tax Compliance: Real estate accountants handle tax planning and compliance for property investments, ensuring adherence to tax laws and regulations. They may optimize tax strategies to minimize liabilities and maximize returns for property owners and investors.
  • Transaction Support: They provide financial analysis and due diligence support for real estate acquisitions, dispositions, and lease agreements. This includes evaluating investment opportunities, assessing risks, and conducting financial modeling.
  • Asset Management: Real estate accountants monitor and analyze the financial performance of properties, identifying areas for improvement and implementing strategies to enhance profitability.
  • They may negotiate lease terms, manage operating expenses, and optimize revenue streams.
    Financial Strategy: They collaborate with stakeholders such as property owners, developers, investors, and lenders to develop financial strategies aligned with business objectives. This may involve evaluating financing options, capital structuring, and investment decision-making.
  • Regulatory Compliance: Real estate accountants stay updated on regulatory changes and industry standards affecting real estate accounting and financial reporting. They ensure compliance with laws such as GAAP (Generally Accepted Accounting Principles) and specific regulations governing real estate transactions.
  • Risk Management: They assess financial risks associated with real estate investments and develop risk mitigation strategies to protect assets and optimize returns. This may involve evaluating insurance coverage, conducting sensitivity analysis, and implementing internal controls.
  • Overall, real estate accountants play a crucial role in managing the financial aspects of real estate assets and portfolios, helping stakeholders make informed decisions and achieve their financial objectives in the dynamic real estate market.

To apply for this job email your details to hrmaragamkhan@gmail.com

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