Accounts Head

🏢 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) - Process 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. 3. Accounts Receivable (AR) - 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. 4. Bank Reconciliation & Treasury Management - 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. 5. Inventory & Cost Management - 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. 6. Financial Reporting & Analysis - 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. 7. Audit, Compliance & Taxation - 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. 8. System & Process Improvement - 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. Qualifications & Experience: - 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. Why Join Pantheon Development: - 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. 📩 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