Finance Manager

Confidential Careers; Dubai; On-site; AED 420,000 - 660,000; Full time

Job summary

Confidential Careers in Dubai seeks an experienced finance leader to head accounting, financial planning and reporting for a real estate group. You will drive financial performance and ensure accurate, timely reporting to management and stakeholders.

Lead day-to-day finance operations, manage audits, and develop internal reporting templates while building a strong finance team. Requires 10–12 years in finance and CA/ACCA/CPA or equivalent.

Qualifications

• Bachelor’s degree in economics, finance or accounting.
• Qualified accountant CA/ACCA/CPA or equivalent.
• Able to lead large financial portfolios and teams.

Responsibilities

• Lead accounting and reporting, including monthly financial statements.
• Manage audits and liaise with auditors and stakeholders.
• Oversee accounts payable/receivable processes and cost reporting.
• Develop and maintain internal MIS and reporting templates.
• Ensure compliance with IFRS, VAT laws and risk management.

Skills

Financial acumen

Leadership

Team management

Budgeting

Financial reporting

Decision making

Education

Bachelor’s Degree in Economics, Finance or Accounting

CA / ACCA / CPA or equivalent

Job description

The ideal candidate will be responsible to lead, direct and manage the accounting, financial planning, financial reporting and planning to drive and improve financial performance and support decision making process through experienced, analytical and strong numerical skills.

Responsibilities

General

• Ensure smooth day-to-day running of the finance department.
• Liaising with external stakeholders such as suppliers, banks, auditors and internal stakeholders such as senior management, department heads.
• Ensure all transactions are accounted for timely, accurately and efficiently.
• All balances and reconciliations are reviewed periodically.
• The fixed assets register is maintained and updated on timely basis.
• Ensure adequate accounting policies and procedures in place.
• Keep abreast of development in new accounting and reporting standards and propose their adoption by the company where appropriate.
• Assist executives to implement policies in line with International Financial Reporting Standards, Audit Standards, VAT Laws and Risks Management Frameworks.

Accounts Receivable Management

• Customer billing and payments are properly and timely accounted for.
• Accounts receivables booking and reporting is done on timely basis.
• All notices to customers are managed on timely basis.
• Timely follow-up of the payments.

Accounts Payable Management

• Lead the AP function management. Ensure adequate processes are implemented for the smooth running of booking of transactions and payments.
• Review the A/P status on a weekly basis for outstanding invoices.
• Resolve any vendor related matters and disputes.
• Sign cheques up to the level delegated by management.
• Manage the petty cash function.

Lead accounting and reporting:

• Manage cash calls to the stakeholders and all monthly and ad hoc reporting.
• Manage any audits if required and submit financial reports to stakeholders as per timelines

Lead financial Reporting including internal and external reports:

• Lead preparation of all financial statements and facilitate the respective audits.
• Manage external audits and liaison with auditors.
• Facilitate review of external financial statements of group companies prepared by other country teams and requiring CFRO approval.
• Manage the preparation of monthly financial reports for management and shareholders.
• Design internal reports (MIS reports, Business Review Meetings) templates to ensure relevant data is reported. Update such templates from time to time to improve reporting quality.

Manage Cost Reporting:

• Manage preparation and review of reports related to project costs.
• Manage the review of any variation orders.

Compliance:

• Lead any compliance related reporting including statistics reports requested by the relevant government authorities

Team Management:

• Manage and build team.
• Conduct annual and mid-term staff evaluations and provide feedback.
• Manage team morale.
• Manage any training requirements for the staff.

*Qualifications

Required Qualifications:

• Bachelor’s Degree in Economics, Finance or Accounting
• Qualified accountant CA, ACCA, CPA or equivalent

Preferred Experience:

• 10-12 years of experience in finance for a real estate development / construction 5 years of experience in a managerial position

Job Specific Skills:

• Excellent and proven financial and business acumen.
• Proven experience leading large and complex financial portfolio.
• Exposure to investment, real estate and emerging sectors.
• Operations Management
• Effective Decisions
• Fosters Connectivity
• Engagement & Development
• Performance & Results

***Disclaimer: Job descriptions are not exhaustive and the job holder may be required to undertake duties which are in line with but not limited to the above responsibilities***