Receivable Accountant

Accountant, Accounting or Finance
Abu Dhabi
July 4, 2026
Full Time
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Job Description

About the job

Accounts Receivable Accountant

Department: Finance

Job Summary

The Accounts Receivable Accountant is responsible for managing receivables related to property development projects, including off-plan and completed unit sales. The role ensures accurate milestone billing, timely collection of customer instalments, compliance with IFRS 15, and effective monitoring of escrow-related transactions.

Key Responsibilities

  • Issue milestone-based invoices as per Sales & Purchase Agreements (SPA) and approved payment plans.
  • Record revenue in compliance with IFRS 15 – Revenue from Contracts with Customers.
  • Maintain and reconcile customer ledgers and instalment schedules.
  • Monitor receivable aging and follow up on overdue payments.
  • Coordinate with Sales, CRM, and Legal teams on default cases and payment delays.
  • Track post-dated cheques (PDCs) and manage bounced cheque follow-ups.
  • Reconcile escrow collections with customer accounts and project records.
  • Prepare aging reports, collection forecasts, and receivable analysis by project.
  • Support month-end closing, deferred revenue reconciliation, and audit requirements.
  • Ensure VAT compliance on property sales transactions.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related discipline.
  • ACCA (Part Qualified), CA (Part Qualified), or equivalent professional qualification is preferred.
  • 4–5 years of experience in Accounts Receivable, preferably in Real Estate Development.
  • Strong knowledge of IFRS 15 and revenue recognition for development projects.
  • ERP experience Odoo / SAP / Oracle Fusion.
  • Strong analytical and reconciliation skills.
  • Strong verbal and written communication skills.

Requirements added by the job poster

• 1+ years of work experience with Oracle Fusion Applications (OFA)

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