Financial Controller

1 month ago

Doha, Baladīyat ad Dawḩah, Qatar Levante Holding Full time
Financial Management & Reporting

Key Responsibilities:

  • Prepare, examine, and analyze financial statements, including balance sheets, income statements, and cash flow reports.
  • Maintain accurate financial records for all transactions related to real estate sales, leasing, and property management.
  • Monitor cash flow, revenue streams, and expenses for various properties and projects.
  • Provide monthly, quarterly, and yearly financial reports to the management team.

Accounts Payable & Receivable

  • Oversee accounts payable and receivable processes, ensuring timely payment of invoices and collection of receivables.
  • Process payments for vendors, contractors, and service providers in accordance with company policies.
  • Reconcile bank statements and maintain detailed transaction records.

Commission & Payroll Management

  • Calculate and process commissions for real estate agents based on sales and leasing transactions.
  • Manage payroll for employees, ensuring accurate deductions for taxes, benefits, and retirement plans.

Compliance & Auditing

  • Ensure compliance with state and federal tax regulations, as well as local real estate laws.
  • Prepare and submit tax filings, including VAT, GST, or other applicable taxes.
  • Assist in the preparation of audits and liaise with external auditors for financial reviews.

Client Fund Management

  • Manage escrow accounts and ensure that client funds are handled in accordance with legal and regulatory requirements.
  • Track deposits, withdrawals, and ensure the integrity of client funds during real estate transactions.

Liaison with Brokers and Agents

  • Work closely with real estate brokers and agents to resolve commission-related issues and provide financial insights into their transactions.
  • Act as a resource for agents regarding financial procedures and tax-related questions.

Requirements

  • Education: Bachelor's degree in Accounting, Finance, or related field.
  • Experience: Minimum of 35 years of experience in accounting, with prior experience in the real estate or brokerage industry being an advantage.
  • Certifications: Accounting certification preferred but not mandatory.
  • Technical Skills: Proficiency in accounting software (e.g., QuickBooks, Yardi, or specialized real estate software) and Microsoft Office Suite (especially Excel).
  • Knowledge: Strong understanding of real estate transactions, escrow, commissions, and tax regulations relevant to the real estate industry.
  • Excellent attention to detail and accuracy.
  • Strong analytical and problem-solving skills.
  • Ability to manage multiple tasks and deadlines.
  • Excellent communication and interpersonal skills.
  • Ability to work collaboratively with different departments.

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