Job Purpose:
Execute the entire service charge Invoicing / Collection Process, Payment to Service providers/ Local Authorities payment on behalf of the OA/Support/Supervise, raise legal cases for non-payment, in-charge of escrow account of OA’s. Ensure all activities related to finance is billed and received correctly and in a timely manner
Key Accountabilities:
Accounts & Finance Management
- Daily/monthly receive allocated customers to proceed with collection and ensure proper supporting documentation, & approvals
- Ensure the daily collection update report are prepared
- Ensure the Monthly collection targets are met
- Provide Monthly report with Collection results
- Safekeep PDC’s received and ensure deposit the same on due date.
Job Description
- Perform calls to the customers, influence, negotiate and persuade the customers to pay the outstanding payments
- Follow up with the customers for the payments transfer copy, cheque, etc.
- Arrange the meetings with the customers to assist with their queries, issues, requests, for payment collections
- Keep accurate and detailed records fo the calls made, and results achieved
- Create a list of people who have not made payments
- Escalate cases to RDC for legal recovery
- Send individual payment reminder and emails
- Assure the accuracy of all sorts of vouchers and compliance with established accounting principles and procedures
- Liaise with the banks and ensure that the accounts are operated in a timely and accurate manner.
- Identify discrepancies based on reconciliation and determine cause of the same
- Provide external and internal Auditors with the required documents for the audits and approval with RERA
- Comply with the RERA regulations and requirements with regards to service charges invoicing and financial matters
- Ensure VAT filings
Minimum Education:
Bachelor’s degree in accounting with inter.CA/CPA/CMA preferred.
Knowledge & Technical Skills:
- Excellent understanding of RERA regulations
- Good communication skills, both verbal and written and ability to communicate with the customers and other stakeholders
- Knowledge of Community Management and experience will be an added advantage.
- Knowledge of VAT filings and Mollak invoicing/Financial Software experience will be an added advantage.
- Bank reconciliation and knowledge to handle Escrow bank accounts will be an added advantage
- Accounting and Reporting
- Numerical and Analytical
- Strong technical accounting knowledge
- Financial reporting and budgeting know-how
- VAT Reporting Know-how
- Accounting and Finance Systems & Software
- PC Knowledge – MS Office
- Language Proficiency – Arabic and English
Minimum Experience:
▪ Minimum 5 years of experiences in Owner’s Association Accounting / Collections and working experiences in Mollak, OA Softwares.
Candidates may submit their CV along with other credentials to: careers@duservefm.ae. Please note the subject line as per the Job Tittle.
