Assistant Manager Finance
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Key skills for this role
About the Role
ORO24 Developments is seeking an Assistant Manager Finance to oversee financial management reporting, budgeting, and statutory audits. The role requires expertise in IFRS, real estate accounting, and team management.
Key Skills for This Role
Responsibilities
- Responsible for financial management reporting, presenting monthly and year to date financials with analysis in compliance with IFRS
- Develop regular reporting and analysis including key metrics reports for sales, inventories, costing and customer collections
- Manage the team in the department handling accounting function and ensure entries are completed and posted on time
- Handle Budgeting process of the organization with directions from senior management
- Oversee quarterly and annual statutory audit process and coordinate with external auditors
- Oversee continuous improvement of accounting and financial processes
- Develop and oversee accounting policies and procedures
- Ensure compliance with VAT and Tax requirements
- Manage payment of operational accounts and execute supplier and vendor payments
- Oversee receivables and payables reports
- Interact with collections department to minimize defaults
- Prepare monthly financial and other MIS reports for top management
Requirements
- Master’s degree in commerce or Qualified MBA in Finance or CA/CPA
- Competency in Oracle / Microsoft Office programs / Accounting packages
- Sound knowledge of IFRS requirements specifically related to Real Estate industry
- 5 or more years of experience in Senior accounting/finance position
- Ability to guide, mentor and coach the accounts team
- Preferably well versed with requirements of DLD and RERA in terms of Real Estate projects
Full Job Posting
Job Responsibilities
- Responsible for financial management reporting, presenting monthly and year to date financials with analysis in compliance with IFRS requirements.
- Develop regular reporting and analysis including key metrics reports for sales, inventories, costing and customer collections.
- Manage the team in the department handling accounting function and make sure entries are completed and posted on time and reports including schedules and reconciliations are ready on timely manner.
- To handle Budgeting process of the organization with directions from senior management.
- Oversee quarterly and annual statutory audit process to make sure same is completed within set time frame. Coordinate with external auditors and analyze results, highlighting areas of concern and recommending improvements.
- Oversee continuous improvement of accounting and financial processes and develop the team to achieve best practices.
- Develop and oversee accounting policies and procedures to meet current and future business models.
- To make sure the organization is in compliance with VAT and Tax requirements of regulatory authorities.
- Manage payment of operational accounts and execute supplier and vendor payments in compliance with company policy.
- Oversee the receivables and payables reports.
- Interact with collections department regularly to make sure defaults are eliminated and follow ups are done on timely manner.
- Prepare monthly financial and other MIS reports for the top management on timely manner.
Skills and Qualifications
- Master’s degree in commerce or Qualified MBA in Finance or CA/ CPA.
- Competency in Oracle / Microsoft Office programs / Accounting packages.
- Sound knowledge of IFRS requirements specifically related to Real Estate industry.
- 5 or more years of experience in Senior accounting/ finance position with a very well recognized company.
- Ability to guide, mentor and coach the accounts team.
- Preferably well versed with requirements of DLD and RERA in terms of Real Estate projects.
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