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Job Title: Senior Accountant – Accounts Receivable (Real Estate)
Department: Finance & Accounts
Job Summary
The Senior Accountant – Accounts Receivable (Real Estate) is responsible for managing and controlling all receivable-related activities arising from property leasing, sales, service charges, and tenant billing. The role ensures timely invoicing, collections, accurate revenue recognition, and compliance with accounting standards and lease agreements.
Key Responsibilities
Manage Accounts Receivable for real estate portfolios, including residential, commercial, and retail properties
Prepare and issue lease invoices, rent demands, service charge bills, and utility recoveries
Monitor tenant receivables, aging reports, and follow up on overdue rentals and charges
Coordinate with leasing, property management, legal, and customer service teams for dispute resolution and collections
Perform tenant account reconciliations, including security deposits, advance rents, and adjustments
Ensure accurate revenue recognition as per lease agreements and IFRS (IFRS 16 where applicable)
Process credit notes, debit notes, penalties, and write-offs with proper approvals
Manage post-dated cheques (PDCs), bank guarantees, and payment tracking
Prepare monthly AR reports, collection status, and cash flow forecasts
Support VAT compliance, including tax invoices and reconciliations
Assist in month-end and year-end closing and audit requirements related to receivables
Maintain strong internal controls over tenant billing and collections
Supervise and guide junior AR accountants, if applicable
RequirementsQualifications & Experience
Bachelor’s degree in Accounting, Finance, or Commerce
Professional certification (CPA / ACCA / CMA) – preferred
Minimum 5–7 years of accounting experience, with 3+ years in real estate Accounts Receivable
Strong experience in leasing, rentals, and property management accounting
Knowledge of IFRS, VAT, and lease accounting
Experience with real estate /property management systems