Assistant Finance Manager
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Key skills for this role
About the Role
ORO24 DEVELOPMENTS LLC seeks an Assistant Finance Manager to support the Finance Manager in accounting, financial reporting, budgeting, compliance, and treasury functions.
Key Skills for This Role
Responsibilities
- Assist in preparation of monthly, quarterly, and annual financial statements in compliance with IFRS
- Ensure timely completion of accounting entries, reconciliations, and month end closing activities
- Review general ledger transactions and maintain accuracy of financial records
- Support annual budgeting and forecasting process
- Monitor budget performance and analyze variances against actual results
- Monitor accounts payable and accounts receivable functions to ensure timely processing and collections
- Ensure compliance with VAT, corporate tax, and other regulatory requirements
- Coordinate with external auditors during quarterly and annual audits
- Prepare monthly MIS reports and financial dashboards for senior management
- Supervise and support accounting staff in daily operations
Requirements
- Master’s Degree in Commerce, Finance, Accounting, or MBA (Finance)
- Professional qualification such as CA, CPA, ACCA, or CMA preferred
- Strong knowledge of IFRS and financial reporting standards
- Proficiency in Oracle ERP, Microsoft Excel, and accounting software
- Knowledge of VAT and Corporate Tax regulations
- 3–7 years of progressive experience in accounting and finance roles
- Experience in financial reporting, budgeting, audit coordination, and AP/AR management
Full Job Posting
Position Summary
- The Assistant Finance Manager supports the Finance Manager in managing the organization's accounting, financial reporting, budgeting, compliance, and treasury functions.
- The role ensures accurate financial records, timely reporting, regulatory compliance, and efficient management of accounts payable and receivable processes.
Key Responsibilities
- Assist in the preparation of monthly, quarterly, and annual financial statements in compliance with IFRS.
- Ensure timely completion of accounting entries, reconciliations, and month end closing activities.
- Review general ledger transactions and maintain accuracy of financial records.
- Prepare schedules, supporting documents, and analysis required for management reporting.
- Support the annual budgeting and forecasting process.
- Monitor budget performance and analyze variances against actual results.
- Assist management in preparing financial projections and business plans.
- Monitor accounts payable and accounts receivable functions to ensure timely processing and collections.
- Review supplier payments and ensure compliance with company policies and procedures.
- Coordinate with the collections team to reduce overdue receivables and improve cash flow.
- Ensure compliance with VAT, corporate tax, and other applicable regulatory requirements.
- Assist in preparing and filing tax returns and regulatory reports.
Qualifications
- Master’s Degree in Commerce, Finance, Accounting, or MBA (Finance).
- Professional qualification such as CA, CPA, ACCA, or CMA preferred.
- Strong knowledge of IFRS and financial reporting standards.
- Proficiency in Oracle ERP, Microsoft Excel, and accounting software.
- Knowledge of VAT and Corporate Tax regulations.
- Experience in the Real Estate industry and familiarity with DLD/RERA regulations is an advantage.
Experience
- 3–7 years of progressive experience in accounting and finance roles.
- Experience in financial reporting, budgeting, audit coordination, and AP/AR management.
- Prior supervisory experience is preferred.
Skills & Competencies
- Financial analysis and reporting.
- Budgeting and forecasting.
- Accounting and reconciliation expertise.
- Strong analytical and problem solving skills.
- Leadership and team management.
- Attention to detail and accuracy.
- Excellent communication and stakeholder management skills.
- Ability to work under deadlines and manage multiple priorities.
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