Revenue Accounting Lead - AR

JOB DESCRIPTION

The Revenue Accounting Lead will oversee the organization's Revenue accounting, Accounts receivable functions, Land and JDA Accounting ensuring that financial transactions are processed accurately and in a timely manner. He/she will also provide guidance and support to the Accounts and Payments team and work closely with the Finance department to improve financial processes and procedures.

Roles & Responsibilities

• Oversee the organization's Revenue accounting (including Land accounting, JDA accounting, TDR accounting), and Customer Accounting (Accounts receivable functions).
• Oversee and ensure accurate provisioning of Claims and Compensation for ongoing litigations in discussion with Legal team.
• Ensure accurate and timely end-to-end Brokerage accounting.
• Ensure revenue maximization by driving business teams for collections and revenue recognition as per targets.
• Evaluation of Land exchange transactions and carry out adequate financial due diligence in the process.
• Ensure timely month closing and reporting to Dubai with the required submissions on time.
• Drive major automation projects within Revenue functions and lead major transformation initiatives.
• Continuously improve financial processes and procedures to increase efficiency and accuracy.
• Review financial reports, including revenue margin report, customer advance, brokerage ageing, accounts receivable aging reports, etc. and provide insights and recommendations to the Finance department and other stakeholders.
• Ensure compliance with all RERA and DTCP regulations and standards.
• Maintain accurate and up-to-date records of all financial transactions, including receipts, invoices, and payments.
• Co-ordination and completion of audits (Statutory, Internal audits, Group audits, IFC testing)
• Work collaboratively with other departments and stakeholders to improve and automate the financial processes and procedures.

MUST HAVE

• CA is a must. Real estate revenue accounting experience is preferred.
• 10-12 years of experience in Accounts receivable/Revenue accounting function, with at least 3 years in a supervisory role.
• Revenue recognition and Land accounting experience in Real estate will be a strong preference.
• Strong knowledge of accounting principles and regulations (RERA/DTCP).
• Excellent organizational and time management skills.
• Strong attention to detail and accuracy.
• Excellent communication and interpersonal skills.
• Ability to lead & coach the team effectively.
• Familiarity with accounting software (Oracle Fusion or similar) is preferred.

Proficient in Microsoft Office (Word, Excel, PowerPoint).