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Real Estate Development Accounting Director
Pantheon DevelopmentRepublic Of India, IN1 day ago
Job descriptionProcess supplier invoices, ensure proper approvals, and post transactions in Oracle NetSuite. Reconcile vendor statements and resolve discrepancies on time. Track and manage retention payments , advances , and credit notes . Ensure timely payments in line with contract terms and company cash flow requirements. Liaise with procurement and project teams to validate material receipts and supplier claims. Prepare and issue sales invoices for property sales, rental income, and service charges. Monitor collections and maintain accurate aging reports. Coordinate with the sales and CRM teams to follow up on overdue customer accounts. Record customer receipts and allocate them correctly to relevant invoices. Reconcile customer ledgers and maintain documentation for all receipts. Perform daily and monthly bank reconciliations for multiple company accounts. Track and record post-dated cheques (PDCs), deposits, and other banking transactions. Coordinate with banks on fund transfers, LC payments, and loan settlements. Maintain accurate cash flow records and support management in cash flow forecasting . Oversee inventory accounting for construction materials, office supplies, and project consumables. Track material movements between projects and ensure accurate valuation of closing stock. Coordinate with the procurement and warehouse teams to conduct monthly and annual stock reconciliations . Implement and maintain inventory control systems to prevent discrepancies and losses. Prepare monthly management reports , including P&L statements, balance sheets, and cash flow statements. Support the Finance Manager in variance analysis , budget vs. actual comparisons , and cost control initiatives . Provide financial insights and reports to management to support strategic decisions. Ensure proper classification of assets, liabilities, and expenses according to IFRS standards. Coordinate with external and internal auditors during audit cycles. Maintain proper documentation and support schedules for audit requirements. Ensure compliance with UAE VAT regulations , prepare VAT returns, and assist in submission. Implement and maintain internal controls to safeguard company assets and ensure compliance with financial policies. Work extensively on Oracle NetSuite for all accounting and reporting functions. Suggest and implement improvements in accounting processes for greater efficiency. Support the migration or integration of data with other platforms such as ZOHO Books or CRM systems . Bachelor’s degree in accounting, Finance, or Commerce (Professional qualification like CPA, CA, or CMA preferred). 5–7 years of progressive accounting experience , ideally within a real estate development or construction company in the UAE. Proficiency in Oracle NetSuite (mandatory). Working knowledge of ZOHO Books / Finance is an advantage. Strong understanding of UAE VAT , IFRS , and real estate project accounting . Advanced skills in Microsoft Excel and financial analysis. Excellent attention to detail, accuracy, and organizational skills. Strong communication and team collaboration abilities. Opportunity to work in a fast-growing and reputable real estate company . Exposure to high-value real estate projects across Dubai. Professional growth and development opportunities within a collaborative work culture.
🏢 About Pantheon Development :
Pantheon Development is a leading real estate developer specializing in affordable luxury properties in Dubai. With a strong track record of successfully launching 8 projects in Jumeirah Village Circle (JVC) and a reputation for high-quality, community-focused developments, we are dedicated to delivering exceptional value to our clients. Our dynamic team is passionate about innovation, excellence, and creating lasting relationships with our stakeholders.
🎯 Your Role : Strategic, Data-Driven, Creative
We are seeking a highly skilled and detail-oriented Account Manager to manage the financial operations of our real estate development business. The ideal candidate will have solid experience in real estate accounting, Oracle NetSuite ERP , and a deep understanding of bank reconciliation, inventory control, accounts payable, and accounts receivable processes.
THIS JOB ROLE IS BASED IN DUBAI ONLY
Key Responsibilities :
1. General Accounting & Journal Entries
- Prepare and post accurate daily journal entries related to revenue, expenses, accruals, prepayments, and other adjustments.
- Maintain the general ledger and ensure all accounts are updated and balanced regularly.
- Review financial transactions for accuracy, proper authorization, and compliance with company accounting policies.
- Conduct monthly, quarterly, and year-end closing processes and ensure timely submission of reports.
- Assist in preparing and maintaining the chart of accounts in Oracle NetSuite.
2. Accounts Payable (AP)
3. Accounts Receivable (AR)
4. Bank Reconciliation & Treasury Management
5. Inventory & Cost Management
6. Financial Reporting & Analysis
7. Audit, Compliance & Taxation
8. System & Process Improvement
Qualifications & Experience :
Why Join Pantheon Development :
📩 How to Apply :
If you meet the criteria and are passionate about shaping and growing impactful brands in the real estate sector, we’d love to hear from you. Please send your updated CV to :
📧 tathagata@pered.ae
📌 Subject Line : Application for Accounts Manager – Pantheon Development
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Director Real Estate • Republic Of India, IN
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