Accountant - Receivables And Commissions
Current• Verified and processed external broker commissions per agreements and policies for 3 active projects and other dormant projects, through escrow as well as corporate channels depending on eligibility and criteria.• Collaborated with the Agency Department and Sales for the efficient disbursement of external commissions.• Providing external broker’s Statement of Account for management’s review and decision making as needed.• Ensured FTA (Federal Tax Authority) and DLD compliance for… Show more • Verified and processed external broker commissions per agreements and policies for 3 active projects and other dormant projects, through escrow as well as corporate channels depending on eligibility and criteria.• Collaborated with the Agency Department and Sales for the efficient disbursement of external commissions.• Providing external broker’s Statement of Account for management’s review and decision making as needed.• Ensured FTA (Federal Tax Authority) and DLD compliance for received invoices.• Administered and distributed an average of 250 units/projects' inflows within escrow accounts on the Dubai Land Department (DLD) portal's Trust Account System (TAS), aligning funds for Commission Expense Payouts.• Supervised and managed TAS inflows and cash deposits on the DLD portal for at least 3 projects concurrently, ensuring precision and transparency in financial transactions and fund positions.• Conducted reconciliation and resolved discrepancies for Project TAS Inflows with the bank to ensure all inflows are uploaded and allocated correctly.• Maintained regular communication with the RM, ensuring accurate tracking of escrow balances and efficient fund allocation.• Confirmed the mode of payment for Unit Registration in accordance with company policy. Confirmed eligibility for Initial Contracts after Unit Registration based on realized collections communicating with RERA as needed.• Preparation and presentation of fund positions weekly to assist management in allocation of funds according to the future requirements.• Maintained accurate financial records in Odoo with detailed breakdowns to process payments and generate reports regularly.• Verified and Managed cheques and bounces and withdrawal requests per SOP, comparing them to the SoA for pending dues, ensuring customer account accuracy. Conducted and supervised cheque warehousing activity. Show less
