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Job Description
The role holder is responsible for managing the Group’s and Standalone Entity’s corporate finance, business planning, and treasury functions to assist top management in making informed investment decisions.
Strategic Responsibilities :
- Prepare annual budgets and re-forecasts for the DHCA group and standalone entities.
- Maintain financial books in compliance with IFRS and VAT regulations, reflecting the true financial position.
- Evaluate and present the feasibility of new investments and projects.
- Manage the land bank for development, sales, leases, and inventory.
- Ensure liquidity through effective cash management and treasury functions.
- Support the development of the finance department’s strategy aligned with organizational goals.
- Develop and review work processes to achieve high performance and continuous improvement.
- Provide timely management reports and dashboards for decision-making.
- Improve finance and accounting practices considering international standards and business environment changes.
- Enhance internal controls and financial procedures for accurate reporting.
- Supervise monthly closing processes, ensuring accuracy and consistency in financial reporting.
- Manage Accounts Payable and Receivable, developing systems and policies for their development.
- Verify transactions in ERP against budgets and codes, and review supporting documents before payments.
- Cost internal SLAs and verify relevant documentation.
- Review accounting of revenue, government grants, and investment properties at year-end.
- Reconcile inter-company transactions for accuracy.
- Coordinate system enhancements and liaise with IT on system issues.
Corporate Finance & Treasury :
- Prepare financial models for investment proposals and conduct sensitivity analysis.
- Draft Board memos and presentations on land sales and investments.
- Develop weekly cash flow projections to manage liquidity.
- Invest surplus funds in marketable securities.
- Assist in raising financing through banks and build relationships with external parties.
- Maintain and update the land bank records, ensuring IFRS compliance.
- Review external land valuations and prepare related reports.
- Record investments and ensure IFRS compliance in financial reporting.
- Prepare impairment assessments and revenue recognition calculations per IFRS standards.
- Assess and improve financial processes and policies for efficiency.
Qualifications
Bachelor’s degree in Business, Accounting, Finance, or equivalent; and
Professional qualification (CA, CPA, ACCA).
Minimum of 8 years of relevant experience.
Dubai Healthcare City Authority (DHCA) oversees DHCC’s development, offering a dynamic work environment across departments like finance, legal, HR, and more.
Job Category: Education level Bachelor, UAE nationality required, Salary: Unspecified, Full-time, Seniority level: Mid-Senior level, Job function: Finance and Sales, Government Administration.