Finance Manager

Asteco; Abu Dhabi; On-site; AED 240,000 - 360,000; Full time

Job summary

Asteco is seeking an experienced Finance Manager to lead the Community Management Finance team in Abu Dhabi. You will implement and monitor financial processes, manage ERP systems, and ensure accurate reporting and budgeting for multiple communities.

You will oversee reconciliations, financial statements, and cost control, while liaising with Provis and Aldar Finance Departments to meet corporate policies and regulatory requirements. A strong background in accounting and leadership is essential.

Qualifications

• Bachelor's Degree in Finance and Accounting required.
• CA/CPA/CMA or equivalent professional certification preferred.
• Master’s degree and/or professional certificates are a plus.
• Minimum 5+ years of professional experience with 2+ years in supervision.

Responsibilities

• Oversee finance department activities, including statements, processes, ERP management.
• Monitor budgets for all communities and liaison with audits.
• Review actual vs budget reports; prepare monthly financial statements.
• Design organization structure and control processes for finance operations.
• Lead budgeting, reporting, and cost-control initiatives.

Skills

Leadership

Budgeting

Finance management

ERP system management

Compliance

Education

Bachelor's Degree in Finance and Accounting

CA / CPA / CMA or equivalent (preferred)

Master's degree (preferred)

Tools

ERP system

Job description

Roles, Responsibilities, Duties

Manage and oversee the implementation of activities in the finance department such as account statements, updating and developing finance processes, ERP system management, financial risk analysis, monitoring budgets of all communities and audit liaison in conjunction with Head of Finance department.

Strategic Contribution

• Ensure effective cascading of the departmental strategy into sectional business plans to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

Team Management

• Manage the effective achievement of assigned objectives through the leadership of the Community Management Finance section by setting individual objectives, managing performance, developing and motivating staff to maximize sectional performance.
• Lead the talent development initiatives for the assigned section, collaborating with functional experts and thereby ensure the availability of talent to fit business requirements.

Community Management Finance Operations Management

• Oversee the operations of the Community Management finance department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
• Supervision and review of all bank's reconciliations.
• Liaison with Provis and Aldar Finance Department on any Community Management related requirements.
• Review Actual vs Budget Reports and send to Community Managers for their input and clarifications.
• Monthly review of Community Management property financial statements, i.e., review of income and expenditure accounts. Ensure financial records are maintained in compliance with best practice and/or company's policies and procedures.
• Create the accounting process and standardized reporting system for Community Management related financials.
• Create a body of policies and procedures to be followed by Community Management finance and Community Management on-site staff.
• Assist the Community Managers to prepare annual budgets, create Community Management financial statements and produce variance reports.
• Review and ensure that all expense-related invoices are entered as per the cost split provided by Community Managers and in the correct cost centers.

Budgeting and Financial Planning

• Manage the preparation and recommend the sectional budget and monitor financial performance versus the budget while ensuring all sectional activities are conducted in line with the approved guidelines.
• Manage and ensure effective implementation of departmental policies, procedures and controls covering all areas of assigned sectional activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service.
• Lead the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.

Reporting

• Ensure that all sectional reports are prepared timely and accurately and meet Provis's requirements, policies and quality standards.
• Reviewing the approved service charge budget before uploading to the ERP system for invoicing.

Qualification

Education

• Bachelor's Degree in Finance and Accounting
• Preferably Qualified, CA or CPA or CMA or equivalent
• Master's degree and/or professional postgraduate certificates (preferred)

Experience and Skills

• 5+ years of professional experience, including at least 2 years at supervisor level