Assistant Accountant – Real Estate

About La Foret Real Estate L.L.C

La Foret Real Estate is a leading luxury real estate brokerage based in Dubai, specializing in tailored property solutions for investors and homeowners. The company ensures smooth, strategic, and valuable real estate transactions, whether clients are acquiring, selling, or managing assets.

Job Summary

The company is seeking a meticulous Assistant Accountant with experience in UAE real estate to support the Finance department. The role includes handling day-to-day accounting functions while assisting with compliance concerning UAE MLRO and Counter-Terrorist Financing (CFT) rules.

Key Responsibilities

• Support daily accounting processes including bookkeeping and maintaining financial records.
• Manage invoicing, payments, receipts, and bank reconciliations.
• Accurately record and reconcile transactions related to real estate sales, leasing, commissions, and client dealings.
• Help in preparing monthly financial statements and assist during audits.
• Oversee accounts payable and receivable documentation.
• Perform Know Your Customer (KYC) and Customer Due Diligence (CDD) evaluations.
• Identify and report activities with potential Anti-Money Laundering (AML) risks.
• Maintain MLRO documentation to ensure regulatory compliance within the UAE.
• Assist in regulatory report preparation and proper record-keeping.
• Liaise with various internal teams to maintain adherence to company policies and regulatory mandates.

Requirements

• Bachelor’s degree in Accounting, Finance, or a relevant discipline.
• At least 2 years of practical accounting experience in the UAE real estate sector is required.
• Prior exposure to AML compliance or MLRO roles in the UAE is advantageous.
• Comprehensive knowledge of UAE AML/CFT laws, along with KYC and CDD practices.
• Strong proficiency in Microsoft Excel and accounting software tools.
• Excellent analytical thinking, organizational aptitude, and problem-solving capabilities.
• Fluent English communication skills, with additional European language skills seen as a plus.
• Ability to manage sensitive information discreetly and professionally.