Associate Accountant

Roles, Responsibilities, Duties:

Accounting: Maintain accurate books of accounts for multiple Owners Associations and Master Communities. Allocate shared costs accurately across towers and common areas. Monitor fund utilization in line with approved OA budgets.

• Financial Reporting & Closing: Prepare monthly & annual financial reports, analyse variances between actuals vs approved budgets. Ensure timely month & year-end close for each community/entity

• Service Charge Budgeting & Forecasting: Assist in preparation of annual service charge budgets and revised forecasts. Track expenditures against approved budgets and flag overruns proactively

• Manage Accounts Payables: Process vendor invoices, monitor aged payables and ensure timely payments, reconcile vendor balances, reconcile AP ledger to GL, address vendor disputes and coordinate with operation team members.

• Accounts Receivable & Collections: Manage Owners’ receivables, monitor aging reports and support collection follow-ups for overdue balances. Ensure accurate posting of receipts and reconciliation of owner accounts

• General Ledger & Reconciliations: Maintain integrity of the General Ledger for each OA, perform monthly bank, fund, inter-entity, and balance sheet reconciliations. Review and approve journal entries, accruals, and provisions

• Compliance, Audit & Regulatory Coordination: Ensure compliance with OA regulations, assist in VAT reports and filing, support audits including audit confirmations and schedules.

• Best Practices & Team Player: Support Finance Manager in budget processes, reporting packs, and reconciliations; drive automation, build a culture of accountability, accuracy, and continuous improvement.

Qualification:

• Bachelor’s degree in accounting, Finance, or Business.

• Professional certification CA, CPA, ACCA or Master’s in finance required.

Experience and Competencies:

Experience

• 8+ years of experience in finance, preferably in property management or Owners Association accounting.

• Handled full-cycle AP, AR, and General Ledger accounting

• Experience in budgeting, MIS reporting, aging analysis, and preparation of monthly financial reports.

• Hands-on experience in VAT reporting and compliance, including filing requirements.

• Proficient in ERP systems, with preference for experience in property management platforms and Oracle Fusion.