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Real Estate Account Executive

4.00 to 7.00 Years   Al Kuwait, Kuwait   11 Sep, 2019
Job LocationAl Kuwait, Kuwait
EducationBachelor's degree / higher diploma
Salary$1,000 - $1,500
IndustryReal Estate
Functional AreaNot Mentioned

Job Description

1.Ability to read, comprehend, and interpret lease related legal documents for proper accounting treatment, validating payments and billings within Real Estate lease management system2.Research and document the impact of more complex accounting principles including understand new Lease Accounting standards, Revenue Recognition for subleases, the related calculations, as well as the associated reporting and accounting requirements regarding contingent leases and option periods3.support monthly Rent processes including AP rent payments and AR rent billing4.Leads & mentors Real Estate Accounting team in daily and monthly activities5.Support junior staff in understanding real estate accounting transactions6.Assist in preparation of journal entries to ensure accurate and timely recording of account transactions for month-end close process7.Prepare and/or review and sign-off on journal entries and reconciliations of team members8.Review expense analysis and other fluctuation analysis performed by staff9.Assist in annual Real Estate budgeting process and quarterly forecasts10.Communicate financial information to appropriate individuals in a timely manner11.Suggest and implement process improvements to daily accounting functions12.Prepares routine and ad hoc reporting accompanied by the appropriate supporting documentation13.Ability to effectively interact via written and verbal communications with Landlords, Property Managers14.Dealers/Franchisees, and management to resolve Real Estate tasks in a timely manner

Keyskills :
Fixed Assets Contracting Accounts Receivable Accounts Payable Bank Reconciliation

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