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Finance Manager

Michael Page

Job description / Role

Our client, a prominent real estate business, is looking to expand it’s finance team and hire a Finance Manager to oversee an extremely prominent portfolio based in Dubai.

Client Details
Our client is a real estate business that owns some of the most prominent assets in Dubai. They are backed by a Multinational Real Estate company.

Description
* Management reporting; Ensures the annual consolidated financial statements of the company align with International Financial Reporting Standards (IFRS)
* Monthly and quarterly management accounts review with the Finance Head.
* Closing and quarterly management of accounts by business partnering with various departments
* Contribute in the budget preparation for the organisation, departments and projects and review of financial reporting packs with the Finance Head before it is shared with stakeholders
* Monitor and manage the actual cost verses budget on periodic basis and provide financial reports/data related to the department/ divisional/ project’s financial performance.
* Review complete process of AR accounting including timely issuance of invoices and receipt booking.
* Review and approve manual journal entries in relation to accruals and re classifications to ensure accurate reporting of revenue.
* Prepare and ensures the straight-lining of revenue is done as per IFRS-16 guidelines.
* Determine and manage monthly account receivable status for the business.
* Check and verify VAT returns in coordination with Internal and external VAT liaisons.
* Analyse and interpret results of monthly financial reports, including summarising the results for management.
* Manage the accounts receivable team, including allocation, delegation, adaptation of business tasks and requirements to ensure operation needs and timely deadlines are met.
* Ensures the process improvements to increase the efficiency of team without compromising on accuracy.
* Administer and manage departmental system automation as well as any process improvement/ad-hoc requirements as per management discretion Accounts Payable:
* Review the booking of expenses and monitors the utilisation of the budget.
* Review manual journal entries in relation to accruals and re classifications to ensure accurate reporting of expenses.
* Determine and manage monthly cash requirements for the business.
* Check and verify VAT returns in coordination with Internal and external VAT liaisons.
* Manage the accounts payable team, including allocation, delegation, adaptation of business tasks and requirements to ensure operation needs, and timely deadlines are met.
* Any ad-hoc requirements related to accounts payable including AP ageing to ensure the invoices are paid in timely basis. Financial Reporting

Job Offer
* Opportunity to work in an incremental position and in close contact with a Multinational Real Estate business
* Excellent compensation and benefits

To apply for this job please visit www.gulftalent.com.

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