RIL Property PLC Careers 2026 WE ARE HIRING! ACCOUNTS EXECUTIVE Jobs
Accounts Executive Job | RIL Property PLC Careers 2026. R I L Property PLC is a developer and manager of Grade ‘A’ commercial office spaces in selected core markets in Colombo. Our business model aims to capitalize on the conducive dynamics prevalent in the Colombo office market to elicit competitive advantage. Beyond real estate, R I L Property PLC serves as the parent company for United Motors PLC and Panasian Power PLC, two publicly listed companies in the Automobile and Renewable Energy sectors in Sri Lanka. Be part of an innovative company that’s shaping the future across industries.
R I L Property PLC – Company History
R I L Property PLC is a Sri Lankan real estate development and property management company specializing in Grade ‘A’ commercial office spaces in prime locations across Colombo. Established with a vision to elevate the standards of the local office property market, the company focuses on developing and managing high-quality, strategically located commercial properties that cater to leading local and multinational corporations.
Over the years, R I L Property PLC has positioned itself as a key player in Colombo’s commercial real estate sector by leveraging market insight, strategic investments, and long-term asset management practices. Its developments are designed to meet modern corporate requirements, offering premium facilities, accessibility, and sustainable building features that align with international standards.
Beyond its core real estate operations, R I L Property PLC functions as a holding company with diversified interests. It serves as the parent entity of United Motors PLC, a prominent name in Sri Lanka’s automobile industry, and Panasian Power PLC, a renewable energy company contributing to the nation’s sustainable power generation.
Through its diversified portfolio and strategic vision, R I L Property PLC continues to play an influential role in shaping Sri Lanka’s corporate infrastructure and broader business landscape.
Asset value refers to the monetary worth of resources owned by an individual, company, or organization that are expected to provide future economic benefits. These assets can be tangible, such as buildings, land, machinery, and equipment, or intangible, such as patents, trademarks, and goodwill. In the context of a real estate and property management company, asset value primarily revolves around the market worth of physical properties, rental income potential, and long-term appreciation.
For a commercial real estate firm, asset value is more than just the purchase price of a building or land parcel. It includes the market value based on current demand, location advantages, rental yields, building condition, and projected income streams. When properties are leased to reliable tenants, the stability and predictability of rental cash flows directly enhance the valuation of the asset. Additionally, factors such as zoning regulations, infrastructure development around the property, and overall economic growth influence how assets are valued over time.
Accurate asset valuation is essential for financial reporting, securing financing, strategic planning, and investment decision-making. Companies regularly assess both the book value (historical cost minus depreciation) and the fair market value (price obtainable in an open market). Effective asset value optimization ensures stronger balance sheets, better investor confidence, and sustainable long-term growth.
Ownership Structure
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RIL Property PLC is a publicly listed company on the Colombo Stock Exchange (CSE) with the stock code RIL.N0000.
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As of recent filings, a large portion of the company’s shares (~78.6%) were held by individual insiders, with the remaining shares held by private companies, institutional investors, and the general public.
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M. Yaseen is recorded as one of the top individual shareholders, holding around 29.5% of issued shares in prior breakdowns.
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In 2025, public shareholding increased significantly to about 99.95% after the resignation of a former director and reclassification of associated shares, meaning most shares are now publicly held.
Key Related Families / Parties
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Historically, the Yaseen family has been linked with RIL Property’s ownership and corporate interests, with members serving on the board and holding significant stakes.
Management & Control
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Being a public company, RIL Property PLC’s ultimate control is distributed across its shareholders, with no single dominant owner after the 2025 public float increase.
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The company is governed by a Board of Directors and senior management team responsible for operations and strategic decisions
RIL Property PLC Careers 2026
RIL Property PLC Careers 2026 SKILLS AND QUALIFICATIONS
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Age Below 35 years
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A minimum of 2 years experience in a similar capacity
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Part qualification in ACA, CIMA, ACCA
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Experience in Oracle or similar accountancy package
DUTIES AND RESPONSIBILITIES
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Recording transactions using Oracle ERP System
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Ensure accurate & timely processing of all payments
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Handling ERP cash module
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Conducting Fixed assets and inventory verification
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Preparation of Management information
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Assist the external/Internal Auditors to carrying out their audits
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Assist in preparation of final accounts, Budgets, Reconciliations, other administrative works
RIL Property PLC Careers 2026
Human Resources Department
R I L Property PLC | Level 1, PARKLAND No.33, Park street, Colombo 2
Tel : 011-2332850-1
Share your CV to
careers@rilproperty.lk