Our client is one of the top real estate developers in the UAE, looking for a Finance Manager – Arabic Speaking in Ras Al Khaimah, to expedite kindly share your resume at [email protected]    

Position Summary

A) Financial Reporting & Audit – Month end closing and preparation of financial reports according to AHG and IFRS standards & procedures. Responsible for the accounting activities and dealing with Internal and External Auditors.

B) Compliance – Take care of all compliances for the company including but not limited to ESR fillings, UBO regulations, etc.

Responsible for:

Financial Reporting & Audit

• An individual contributor with ability to handle a team
• Ensure financial close is conducted effectively and efficiently on monthly basis.
• Experience in consolidation in multiple books of accounts
• Monitor timely execution and ensure compliance with IFRS (International Financial Reporting Standards).
• Continuously assess the financial closing process and perform process reengineering (where possible) to reduce the financial closing period and increase its efficiency.
• Review and analyse Sub Ledger, and General Ledger accounts for reconciliation of recorded accounting transactions on assigned accounts.
• Preparing financial information detailing balance sheet, profit & loss statement and Cashflow.
• Review, track and maintain fixed assets register.
• Manage the preparation of MIS and monthly quarterly and annual financial statements, and the compilation of backup schedule files for internal and external reviews including those of portfolio companies.
• Coordinate and facilitate the annual and interim audit functions.
• SAP FICO experience is preferable

Compliances

• Ensure compliance with UBO related filings.
• Ensure compliance and necessary filings with respect to ESR notifications, reports etc.

Other Team responsibility

• Supervise the finance team on a day-to-day basis ensuring that work is prioritized to meet deadlines.
• Coordinate workload for the team, ensure viable staff cover of the department and provide support and training as appropriate.
• Evaluate and make recommendations on the automated systems and processes within the department, working with the Finance Manager to modernize and improve the function.
• Assist the HOD in Annual Budget process and other strategic finance projects as required.
• Proposes changes to accounting and financial policies and procedures to ensure efficacy of service. Liaises with budget-holders to ensure compliance to the policies and procedures within the FPM.
• Continually look to identify areas for improvement and develop processes that will enhance the level of service offered to Finance Department stakeholders.

Job Specification

Educational Qualification

• Bachelor's degree in finance or accounting
• Chartered Accountant
• Postgraduate in Finance
• MBA Finance
• CMA / CFA / CPA

Experience        

• 6 – 10 years of progressively responsible experience for a UAE Listed Company
• Must have managed a company or division of a large corporation in financial monthly closing and reporting process.
• 50% of work profile will be individual contributor role.
• Consolidation of multiple companies / division / units / profit centres
• Must have worked with a Big 4 for 2 to 3 years
• Must have handled Big4 as an external auditor to the company for 3 to 4 years
• IFRS exposure would be mandatory