Senior Accountant — Real Estate Brokerage

Company Description

Ayoub & Co is a growing real estate business founded by two brothers who combine extensive industry experience with strong engineering backgrounds. The company focuses on delivering innovative, data-informed solutions and high-quality services to buyers, sellers, and investors in a competitive market.

With a commitment to excellence and client satisfaction, Ayoub & Co aims to modernize traditional real estate practices. Team members join a collaborative environment that values expertise, integrity, and forward-thinking approaches.

Position Overview

We are hiring a Senior Accountant who has worked inside a Dubai real estate brokerage and knows brokerage accounting from the inside: commission cycles, RERA forms, developer settlements, client accounts, and cheque-heavy cash flow. This is not a generic accounting role — candidates without hands-on real estate brokerage experience will not be considered.

You will own all accounting operations, tax filing, and AML compliance, running multiple accounts independently on QuickBooks.

Key Responsibilities

• Brokerage AccountingAccount for commissions on sales, leasing, and referral deals: accruals, splits, and agent disbursalsManage brokerage transaction accounting aligned with RERA forms (Form A/B/F) and DLD processesCommunicate professionally with developers to follow up on and collect commission payments; manage developer invoicing, SOAs, and settlementsCoordinate unit handovers, payment plans, and developer settlements with operationsTrack cheques, post-dated payments, and receivables from tenants and buyersReconcile client accounts and ensure accurate, timely client billing and collectionsGenerate sales and revenue reports segmented by property type and deal type (primary/off-plan vs. secondary, sales vs. leasing, by project and developer)Coordinate with CRM/admin so accounting records match listings and transaction updates

Key Responsibilities

• Core Accounting & ComplianceFull-cycle bookkeeping and daily entries across multiple accounts; monthly bank reconciliationsPrepare financial statements (P&L, Balance Sheet, Cash Flow) monthly and quarterly, plus MIS for leadershipPrepare and file VAT returns via the FTA portal (input/output reconciliation); plan ahead for VAT and corporate tax deadlinesMaintain AML compliance per UAE real estate regulations with proper documentationRun the monthly salary cycle in alignment with WPS; maintain payroll records and leave accrualsLiaise with external auditors and keep audit-ready filesFollow and operate the company's established systems, manuals, and procedures (SOPs); help document and improve themAssist in budgeting and cash flow forecasting

Requirements

• Minimum 3 years of accounting experience within a Dubai real estate brokerage — mandatory
• Proven hands-on knowledge of brokerage accounting cycles: commission disbursals, RERA forms, developer invoicing and settlements
• Expert in QuickBooks (Online/Desktop); advanced Excel and Google Sheets — mandatory
• Strong working knowledge of UAE VAT, corporate tax filing, FTA portal, and AML requirements — mandatory (not "willing to learn")
• Able to manage more than one company account/entity independently, with multiple transactions, deadlines, and confidential data
• Professional, confident communicator with developers, auditors, banks, and leadership
• Disciplined in following established systems, procedures, and manuals
• Smart, presentable, highly organized, and proactive in communication
• Bachelor's Degree in Accounting or Finance (CPA/CA a plus)
• Note: Please apply only if you have direct real estate brokerage accounting experience in Dubai.
• Applications without it will not be shortlisted.