Role : Manager / Senior Manager - Finance (Real Estate Investment Co Dubai)

We are currently assisting a Privately held real estate development & servicing conglomerate to identify a Manager / Senior Manager (Finance) to be based out of Dubai, UAE.

The Group :

- The Group is a privately held real estate development and service related group established in the last decade and headquartered in Dubai, UAE. It is considered as the most innovative, successful and premium development brand in the Gulf region, conceptualizing and creating real estate assets with a combined gross realization of around AED 15 Billion.

- The Group undertakes investment, development and asset management across a broad spectrum of property assets, providing sustained value and tangible, measurable benefits to all stakeholders involved, including shareholders, buyers and the community.

- The Group's international, experienced and multi-disciplinary team is the best in the industry. They have the unique capability of identifying and capitalizing on real estate, retail, hospitality and leisure sectors in the Middle East when and wherever they exist.

The Role :

- The Group is looking to identify an Manager / Senior Manager (Finance) reporting into the Director - Finance of the Group. The role will be based out of Dubai in UAE. The incumbent will be responsible for Responsible for planning, directing and monitoring all revenue and expenses for the Company.

- Responsible for ensuring that all financial reports adhere to the Company's policies and the regulatory requirements. Responsible for maintaining the financial accounts of the Company, and its branches and subsidiaries for which the Company has principal management responsibilities. Responsible for organizing and executing all activities associated with the accounting function such as general ledger maintenance, chart of accounts, financial statements, etc.

The Responsibilities :

- Ensure comprehensive financial systems are established and maintained in order to provide appropriate levels of security and control over the Company's resources and operations.

- Prepare the Company's budgets and forecasts. Liaise with all departments to gather the necessary budget input and ensure the budgets are updated as required by management.

- Prepare financial projections in support of the Bank's overall Business Plan.

- Conduct reconciliation of the Company's financial position in terms of cost, income, profit and loss accounts and balance sheet.

- Review and monitor the expenditure process proactively. Suggest procedural changes necessary to ensure that errors are logged and corrected.

- Ensure that periodic regulatory returns are prepared accurately and submitted to RERA and other regulatory bodies as applicable on time.

- Prepare and review interim and annual financial statements of the Company.

- Liaise with external and internal auditors and provide financial data as requested by the auditors.

- Prepare / review monthly MIS reports on key performance indicators for the Senior Management and also prepare / review various MIS reports including daily condition report, weekly, monthly reports.

Operational Responsibilities : Direct & Supervisory :

- Maintain the financial records of the Company in strict compliance with International Accounting, Standards (IAS)/ International Financial Reporting standards (IFRS)

- Prepare the interim and annual financial statements of the Company and subsidiaries / associates in accordance with the IFRS / IAS format on a timely basis.

- Evaluate the implications of changes in IFRS / IAS on the financial statements of the Company.

- Maintain full and regular reconciliation of the Company's general ledger accounts, excluding fixed assets, non-banking accounts and prepayment, and maintain relevant break downs and supporting documentation.

- Organize and control document repository / retrieval systems in the Financial Controls Department.

- Liaise with external auditors and provide the information required to facilitate the audit process. Be an integral part of the quarterly reviews and year-end audits.

- Ensure proper archiving of all documents and statements pertaining to general ledger accounts.

- Ensure the Company's quoted investments are properly accounted for and that valuations are updated on a monthly, quarterly or yearly basis (as required).

- Ensure that investment in associate and subsidiaries are properly accounted for in accordance with prevailing standards (consolidation and equity accounting).

- Rectify and update breakdowns of certain accounts such as accounts receivable, inter-company accounts and project receivable.

- Maintain and update the list of prepayments and accruals including depreciation. Advise the operations department of the required entries on a monthly basis.

- Ensure that the information required by IFRS 7 and any other disclosure requirements are met by the IT accounting applications.

- Ensure that the accounts maintained in the system are sound and accurate and reflect the Company's financial position and performance.

- Undertake such other accounting assignments as maybe required by the Senior Management from time to time.

The Candidate :

Educational Qualifications

- Post Graduation Degree in Financial Accounting or related subject

- Professional certifications such as CPA / CIMA / ACA / ACCA Desirable.

Experience :

Over 7 years of relevant experience focusing on managing the financial and accounting activities or a Big 4 firm with audit experience

Competencies Required To Perform The Job :

- Time management Skills

- Leadership and managerial skills

- Strong financial accounting skills

- Working knowledge of computers and accounting software packages

- Oral and written communication skills

Performance Measures :

- Financial systems are established and maintained

- Ensure compliance with financial policies and accounting standards

- MIS reports are prepared and circulated

- Up-to-date budgets

- Regulatory audits are submitted on time

- Correct financial information is published

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.