Assistant Manager - Finance Control I Real Estate I Finance

176451

Overview Of The Role

• The Assistant Manager AFGRE is responsible for managing the finance function for entities within the Real Estate Group. This includes preparation of balance sheets, cashflow budgets, quarterly forecasts, and month-end management reports. The role demands a hands-on approach to financial reporting, requiring expertise in IFRS. The successful candidate will independently manage month-end closings and reconciliations, ensuring accurate financial representation and transparency, while also collaborating with internal stakeholders and external auditors.

Financial Systems Management

• Manage and control various financial and accounting systems and procedures of the Real Estate division with adherence to internationally accepted standards.
• Monitor internal controls to ensure financial stability, transparency, and accuracy.

Decision Making And Business Planning Support

• Assist department heads in decision making, strategic business planning, and monthly business reviews.
• Contribute to the strategic implementation of operational strategy through reviews and variance reporting, recommending improvement initiatives.

Month-End Process And Financial Reporting

• Support month-end close processes including accrual entries, revenue recognition, expense reporting, account reconciliation, and management accounts production.
• Independently handle financial reporting including preparation and finalisation of financial statements in accordance with IFRS.
• Act as a point of contact with external auditors and manage statutory audits.

Internal And External Collaboration

• Provide financial support to internal customers such as Real Estate business team, HR & Group Treasury and Corporate Finance.
• Coordinate with external auditors, ensuring audit reports and schedules are provided timely.

Quality Control And Process Improvement

• Contribute in initiatives for process development, mapping, system automation, and policy drafting and implementation.
• Ensure timely completion of audit-related tasks and accurate preparation of statutory financial statements.

Required Skills To Be Successful

• Proficiency in financial management reporting and accounting systems.
• Strong decision-making skills for strategic business planning.
• Effective communication with internal and external stakeholders.
• Ability to work under pressure and manage multiple deadlines.

What Qualifies You For The Role

• An undergraduate degree in accounting or finance.
• Qualified accountant; CA or ACCA certification required.
• 4 to 6 years of experience in Finance and Accounting, with at least 2 years in the Real Estate industry.
• Proficiency in ERP Financial Software, with preferred expertise in SAP4Hana.
• Strong knowledge of IFRS and preparation of financial statements.
• Understanding of Dubai Real Estate Laws, Guidelines, and directives.

About Al-Futtaim Group Real Estate