About Us
Galaxy Elite Properties L.L.C is a growing real estate brokerage in the UAE that specialises in off-plan sales for leading developers. Our deal volume is growing, and we’re looking for a Real Estate Accountant to manage the financial side of our transactions, from booking to commission collection.
The Role
This role is built around how a real estate brokerage works. You’ll track every deal from EOI to commission received, collect commissions from developers on time, calculate agent payouts correctly, and keep the company compliant with UAE VAT, Corporate Tax and RERA requirements.
Key Responsibilities
Deal & Commission Accounting
- Track every closed deal from EOI/booking through to SPA and commission collection
- Prepare commission invoices to developers and follow up until payment is received
- Reconcile developer commission statements against company sales records
- Monitor developer payment terms, milestone-based payouts and outstanding receivables
- Calculate agent commissions, splits, incentives and deductions according to company policy
- Process agent commission payouts on time, with clear statements for each agent
General Accounting & Compliance
- Maintain full books of accounts in Tally, including ledgers and bank reconciliations
- Prepare and file VAT returns (including VAT on commission income) and support Corporate Tax filings with the FTA
- Manage payroll and WPS processing for staff and agents
- Track marketing spend (portals, ads, events, roadshows) and report cost per deal
- Prepare monthly P&L, cash flow and commission pipeline reports for management
- Support RERA/DLD compliance, trade license renewals and broker card (BRN) costs
- Coordinate with external auditors for year-end closing
What We Offer
- Competitive salary
- Visa and medical insurance
- The chance to grow with the finance function of a fast-growing brokerage
- Supportive, professional team environment
Skills
Requirements
- Bachelor’s degree in Accounting, Finance or Commerce
- At least 1 year of accounting experience in the UAE real estate sector (brokerage or developer)
- Must have strong hands-on experience with Tally (Tally Prime / Tally ERP 9)
- Solid understanding of off-plan transactions, commission structures and developer payment cycles
- Good knowledge of UAE VAT, Corporate Tax, and DLD/RERA processes
- Advanced MS Excel skills (commission trackers, reconciliations, reports)
- Good communication skills in English
- Ability to speak Hindi and/or Malayalam is preferred
- Very accurate, well organised and able to keep information confidential
