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Project Accountant

Palma Holding

Dubai, United Arab Emirates · Full Time

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Experience
5+ yrs
Salary
Openings
1
Posted
1 hour ago
Work mode
In office
Education
Bachelor’s degree in Accountancy or Finance
Eligibility
Experienced accounting professionals with a background in UAE real estate or property development and the ability to start immediately.
Resume
Required to apply

Where you'll work

Job description

Role overview

Palma Holding is hiring a seasoned Project Accountant to oversee the financial side of property development projects in Dubai. The position centers on day-to-day accounting work, escrow account control, and accurate reporting while maintaining compliance with local regulatory requirements.

Key responsibilities

  • Handle routine accounting tasks such as raising customer invoices and receipts, and keeping Statements of Account (SOAs) current in Zoho CRM.
  • Compile weekly collections summaries, cash flow updates, and follow-up trackers for overdue instalments.
  • Manage project escrow reconciliations, prepare requests for escrow releases, and assist with RERA-related financial audits.
  • Work with escrow banks, project auditors, and technical consultants to complete and process payment requirements.

Requirements

  • A bachelor’s degree in Accountancy or Finance is required.
  • Applicants should bring at least 5 years of accounting experience within the UAE real estate or property development sector.
  • Strong Excel capability and prior exposure to accounting systems or CRM tools are needed.
  • Practical familiarity with TAS (Trust Account System) and DLD portals is a plus.

Additional information

  • This role is based in Dubai, UAE.
  • The expected start date is immediate.

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