Bank Reconciliation Accountant
Job Description
We are looking for a Bank Reconciliation Accountant to join our prestigious client, which is one of the leading organizations in Dubai.
This position is on an initial contract for 12 months and is renewable.
The ideal candidate will be responsible for ensuring the efficient execution of reconciliation processes, managing escrow account transactions, and overseeing month-end closing activities.
Experience working with multiple accounts, preferably within a shared services environment, is highly desirable. The successful candidate will be immediately available to join our team and contribute to our ongoing success.
Key Responsibilities:
- Oversee reconciliation processes for multiple bank accounts related to real estate transactions, ensuring accuracy and timeliness.
- Manage month-end closing activities, including journal entries, reconciliations, and financial reporting specific to real estate accounting.
- Collaborate with internal stakeholders, including property managers, finance teams, and external auditors, to streamline financial processes and improve efficiency.
- Ensure proper tracking, reporting, and compliance of escrow account transactions, including deposits, disbursements, and regulatory requirements within the real estate sector.
- Monitor and reconcile tenant payments, service charge collections, and other property-related financial transactions.
- Ensure compliance with regulatory requirements and company policies, particularly those governing real estate financial operations and escrow management.
- Assist with ad-hoc projects and tasks as needed, including financial analysis for property acquisitions, disposals, and lease agreements.
Requirements:
- Ability to work extended hours on most days to meet reconciliation deadlines and ensure accurate financial reporting.
- Bachelor's degree in Accounting, Finance, or related field.
- CPA or relevant professional certification preferred.
- Minimum 3+ years of experience in treasury or finance roles.
- Hands-on experience managing and reconciling escrow accounts.
- Strong understanding of reconciliation processes, month-end closing activities, and financial reporting.
- Excellent communication and interpersonal skills.
- Experience working with multiple bank accounts, preferably within a shared services environment.
- Immediate availability to join the team.
Availability
We can only consider candidates who are available immediately.
We are looking for a candidate who will be able to work in the United Arab Emirates. Please apply with your resume and remember to provide us with your contact details.
We will review your job application within 7 working days. Should your profile fit the requirements of the role a consultant from Edari will be in touch with you to get a deeper understanding of your profile, to discuss the role in more detail and potential next steps