Senior Accountant – Group Financial Reporting & Budgeting

Aldar Properties PJSC; Abu Dhabi; On-site; AED 250,000 - 350,000; Full time

Job summary

A prominent real estate company in Abu Dhabi seeks a Finance Manager with over 6 years of experience in financial accounting and management. The role involves executing financial reports, managing budgets, and ensuring compliance with international standards. Ideal candidates will hold a Bachelor's degree in accounting and a professional qualification such as CPA. This position is specifically for UAE Nationals.

Qualifications

• Min of 6+ years of financial accounting and management accounting experience.
• Experience within real estate or related industry preferred.

Responsibilities

• Execute closing and consolidation of all ledgers and accounts.
• Prepare quarterly and annual financial statements.
• Administer the annual budgeting exercise.

Skills

Knowledge of international accounting standards

Strong communication skills

Good analytical skills

Detail-oriented

Time management capabilities

Education

Bachelor’s degree in accounting

Professional accounting qualification (e.g., CPA, CIMA, CA, ACCA)

Job description

JOB PURPOSE

Execute closing and reconciliation of accounts and assist in preparing all financial reports

Provide support in the preparation and finalization of Aldar Group yearly budget.

The role is for the UAE National

ROLES AND RESPONSIBILITIES

Group Reporting

• Execute the closing and consolidation of all ledgers and accounts on a monthly, quarterly and annual basis
• Reconcile Group balance sheet schedules on a timely manner and follow up with Departments and subsidiaries on outstanding issues and concerns
• Prepare the quarterly and annual financial statements in compliance with International Financial Reporting Standards
• Manage the preparation and submission of other applicable internal and external reporting at Group Level, as and when required
• Provide all support to internal and external auditors and promptly clarify all audit queries raised
• Coordinate with external auditors to ensure a smooth external Audit verification in accordance with statutory requirements and applicable international accounting standards
• Handle special analyses such as financial analysis and cash flow forecasting for departments and subsidiaries
• Handle the closing of subsidiaries maintained at the Group level

Group Budgeting

• Administer the annual budgeting exercise of Aldar at Group Level
• Monitor, implement, maintain, and reconcile all budgets and ensure their execution in coordination with the concerned subsidiaries and departments
• Review variance analysis for all balance sheet and income statement line items in relation to the budget to ensure that every aspect of the company and department budget variances are analyzed in detail with supporting evidence and commentary
• Provide support to internal and external auditors and other consultants/ stakeholders and promptly provide and clarify all queries raised

RELATED YEAR OF EXPERIENCE

Min of 6+ years of experience of financial accounting and management accounting experience

YOE IN MANAGERIAL POSITION

N/A

FIELD OF EXPERIENCE

• Experience of accounting within real estate or related industry is preferred
• Experience in complex Group-wide accounting and reporting, preferably in a public company

TECHNICAL AND INTERPERSONAL SKILLS

• Knowledge of and ability to apply international accounting standards and ERP systems
• Knowledge of and ability to adhere to internal controls
• Good analytical skills
• Vigilant and detail-oriented
• Strong communication skills
• Strong time management capabilities

QUALIFICATION

• Bachelor’s degree in accounting
• Professional accounting qualification e.g., CPA, CIMA, CA, ACCA