Senior Accountant - Accounts Receivable

Senior Accountant (Accounts Receivable & Revenues)

Department: Finance

Proposed reporting line: Accounting Manager / Finance Manager

Job Purpose

Manage COMPANY's revenue accounting and receivables, ensuring accurate billing, timely reconciliations, effective collection monitoring and reliable reporting. Support in-house finance capabilities and effective ERP use, applying COMPANY's policies, applicable IFRS requirements and internal controls.

Revenue Accounting and Billing

Account for rental income, utilities, service charges and other tenant income; validate billing against approved lease terms, renewals, concessions and terminations.

Process accurate invoices and approved credit notes on time, resolving billing errors and validating recoverable charges with Leasing and operational teams.

Prepare revenue accruals, deferred income and lease incentive adjustments, ensuring correct period-end cut-off.

Accounts Receivable and Tenant Balances

Maintain tenant accounts by property, unit and contract; allocate receipts and resolve unidentified payments, unapplied cash and balance discrepancies.

Reconcile tenant ledgers, revenue and receivables to the general ledger, including tenant advances and security deposits held separately from revenue.

Issue statements and obtain balance confirmations as required; prepare tenant settlements and refund calculations for approval.

Collections and Post-Dated Cheques

Review ageing and collection risks; coordinate assigned follow-up with Leasing and maintain payment commitments, action records and escalations.

Maintain post-dated cheque records and coordinate presentation, clearance, replacement and returned cheques with Treasury or the designated custodian.

Provide reconciled balances and supporting documents to Legal for formal recovery and update receivables records for case developments.

ERP and Data Integrity

Act as Finance's operational focal point for revenue and receivables in the ERP, investigating missing transactions and errors between leasing, billing, receipts and accounting.

Validate opening balances and historical transactions against approved records; support testing of billing, renewals, receipts, credit notes and reports before system changes.

Financial Close, Impairment and Audit

Complete assigned monthly, quarterly and annual closing activities; prepare supporting schedules and disclosure inputs for the financial statements.

Prepare expected credit loss assessments using ageing, collection history, tenant risks and forward-looking information; submit provisions, write-offs and adjustments for approval.

Support internal and external audits, respond to queries and resolve revenue and receivables findings.

Management Reporting and Planning

Prepare monthly revenue analysis by property, tenant category and income stream, explaining budget and prior-period variances with Leasing and FP&A.

Produce reports on collections, arrears, returned cheques, advances, deposits and impairment, ensuring agreement with accounting records and distinguishing revenue, billing and cash receipts.

Provide collection forecasts for cash flow planning and explain the revenue impact of occupancy, renewals, concessions and lease expiries.

Qualifications and Experience

Bachelor's degree in Accounting or Finance; preferably five to seven years of relevant experience in revenue and receivables accounting, closing, reporting and audit support.

Experience in real estate, property management or recurring contractual billing is strongly preferred, as is hands-on Odoo experience.

ACCA, CPA, CMA or equivalent qualification, or progress towards one, is preferred.

Key Capabilities

Advanced Excel, reconciliation, data analysis and reporting skills.

Professional Arabic and English communication, tenant follow-up and cross-department coordination.

Attention to detail, accountability for deadlines, confidentiality and sound accounting judgment.