Senior Manager - Financial Planning & Analysis - Dubai Holding Real Estate

About Dubai Holding Real Estate:

Dubai Holding’s real estate business has developed strategic destinations and communities that offer unique and attractive lifestyle opportunities to meet the evolving needs of Dubai’s residents and visitors alike. As a master developer, we invest in sustainable infrastructure, accessibility, community amenities and family-focused facilities including community centers, mosques, schools, supermarkets and landscaping.

Our integrated real estate offering also includes a robust land sales portfolio, project management for large-scale projects, as well as top-notch facilities management services.

Key job responsibilities:

Budgeting and Forecasting:

• Develop Budgets and finalize budget plans and schedules in line with Group policies and procedures on EPBCS (Enterprise Planning and Budgeting Cloud Service) system to ensure the integrity of budget data, appropriateness and reliability of the key assumptions, control mechanisms and effectively present the same to the senior management for approval.
• Prepare Business Plan and finalize the overall budget consolidation and ensure budgets are executed effectively in coordination with concerned subsidiaries and departments as per agreed timeline. Ensure budgets are prepared, maintained and monitored in Hyperion Budgeting software.
• Liaise with senior leadership (CEO/CFO) and Business Development team to prepare escrow level cash flows (Sales, Capex, Collections, etc.) for ongoing projects in order to meet business growth.
• Monitor cash flows at project level, identify and suggest risk mitigation to optimize costs inline with DHLE budgets.
• Assist Director Finance in reviewing EMC (Equity Market Capitalization) relating to land and Quarterly Project Review Reports for EMC submissions and prepare project Ad-hoc analysis for decision making purposes.
• Review and finalise provisions, legal provisions, international subsidiaries matters and financial statements, IFRS 9 workings and other statutory reporting requirements.
• Assist in review of quarterly clearance pack and GRP with statutory reporting team.

Reports, Systems and Tools:

• Design and implement financial policies and procedures relating to management reporting and business plan in alignment to business objectives and identify opportunities for continuous improvement. Maintain full control over the Hyperion Budgeting software to ensure budgets are prepared, maintained and monitored accurately within the software.
• Develop budgetary, MIS and Statutory reporting policies, process, procedures, forms and templates to ensure adequate Budgetary controls and MIS/Statutory reporting structure for overall Finance operations.
• Prepare monthly project dashboards showing cost and sales status, Financial forecast to determine the course of entity/departments over a period of time that extends into future business periods as a proactive approach to budgeting in order to support the department budget for daily, weekly, monthly and quarterly allocations.
• Ensure Policies, processes, procedures forms and templates in place, approved and implemented.

Qualifications, Experiences, Skills:

• Graduate in Accounting/Finance; CA/ACCA/ CPA (Chartered Accountant/Association of Chartered Certified Accountants/ Certified Public Accountant or similar) preferred
• In-depth understanding of real estate business, accounting matters, relevant regulatory matters.
• Min. 6 to 8 years’ experience with at least 2 years’ of experience in corporate finance, budgeting and reporting.
• Experience with data visualization tools like Tableau or Power BI.
• Comfortable working in dynamic and performance driven environment.
• Advanced proficiency in Microsoft Excel, including complex data analysis and modeling.
• Well versed in SQL / database management, Enterprise Resource Planning (ERP) systems such as SAP or Oracle, Management Information Systems (MIS), Oracle and MS Office Tools
• Advanced financial modeling and forecasting skills.
• Expertise in variance analysis and trend identification.
• Ability to perform cost-benefit analysis and profitability assessments.
• Ability to manage complex general ledger accounts.
• Proficient in financial reporting, including balance sheets, income statements, and cash flow statements.
• Strong numerical and analytical skills.
• Time Management and Attention to detail and quality.
• Effective co-ordination with other stakeholders
• Exceptional interpersonal skills
• Strong analytical thinking and problem-solving abilities.
• Strategic decision-making skills
• Ability to identify financial challenges and recommend solutions.
• Conflict resolution
• Effective team leadership.
• Change management skills

About the Benefits:

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.