Job Description

Summary/Objective:

We are seeking a highly motivated and detail-oriented Accountant to manage our financial records and ensure accurate reporting of rental income streams for a property management company operating in the UK. The ideal candidate should have a strong understanding of UK accounting practices, particularly related to property management and HMRC regulations. This role will be based in the UAE but focuses entirely on UK-based financial operations.

Essential Functions:

• Income Tracking and Reporting:
• Maintain accurate records of all rental income generated across various properties and landlords.
• Categorize income streams by source: commercial, HMRC (government-funded), and private.
• Prepare detailed income reports, ensuring transparency and clarity for stakeholders.
• Reconcile bank statements with rental income received.
• Generate invoices for management fees (% commission) and track payments.
• Lease Management:
• Maintain an updated database of all lease agreements.
• Track lease expirations and renewal dates.
• Ensure compliance with lease terms and conditions.
• Property-Specific Accounting:
• Manage accounts for properties where we act as both landlord and agent, including subletting arrangements.
• Accurately account for income received from government sources and private tenants in supported living facilities.
• Compliance and Reporting:
• Ensure compliance with all relevant UK accounting standards and HMRC regulations.
• Prepare and submit VAT returns (if applicable).
• Assist with year-end financial reporting and audits.
• Other Responsibilities:
• Liaise with landlords and other stakeholders regarding financial matters.
• Assist with the preparation of budgets and forecasts.
• Identify and implement process improvements to enhance efficiency.

Competencies:

• Accounting Expertise: Strong understanding of UK accounting principles and practices, particularly in property management.
• Software Proficiency: Experience with accounting software Odoo and Microsoft Excel.
• Attention to Detail: Meticulous record-keeping and accuracy in financial reporting.
• Organization and Time Management: Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Communication Skills: Excellent written and verbal communication skills to interact with various stakeholders.
• HMRC Knowledge: Familiarity with HMRC regulations related to property income and VAT.
• Remote Work: Self-disciplined and able to work effectively in a remote setting.

Required Education and Experience:

• Bachelor's degree in accounting or a related field.
• Proven experience minimum 3 years as an accountant, ideally with experience in property management.
• Knowledge of UK tax laws and regulations is essential.

Preferred Qualifications:

• ACCA/CIMA qualification or equivalent.
• Experience with property management software.

Compensation and Benefits:

• Competitive salary based on experience

Job Type: Full-time

Pay: AED5,000.00 - AED7,000.00 per month

Ability to commute/relocate:

• Dubai: Reliably commute or planning to relocate before starting work (Required)

Education:

• Bachelor's (Required)

Experience:

• property management: 3 years (Required)

Language:

• English (Required)

License/Certification:

• ACCA certificate (Required)

Application Deadline: 05/01/2025