Job Description

Job Title Assistant Finance Manager

Salary 750 AED (per month)

Description

UAE National | Assistant Finance Manager | AGFRE | UAE

Overview of the role

Reporting to the Financial Controller, the Assistant Finance Manager will be responsible to manage the accounting and finance function for management entities of Real Estate Group. This includes preparation of annual budgets and quarterly forecasts, preparation of monthly reports and variances explanation. The ideal candidate is expected to independently handle month-end close process, perform reviews and reconciliations. An important requirement of the role is to have a hands-on knowledge of preparing financial statements in accordance with IFRS. The candidate is expected to demonstrate practical IFRS knowledge during the interview.

What you will do

Customers

• To provide financial support to internal customers: AFGRE/ DFC business team, HR & Group Treasury in relation to financial reporting, budgeting & forecasting through effective communication in order to meet business needs and contribute to improve the existing processes.

Key Responsibilities

• Responsible for complete accounting cycle for assigned companies. (Revenue, Expense, Closing & Reporting)
• Contribute to the strategic direction of the business through monthly reviews and variance reporting and recommendation of improvement initiatives.
• Loan covenant testing for various facilities extended by the banks, calculation of Equity cure for the various entities involved.
• Co-ordinate with Group Treasury for fund requirements & reporting requirements of the banks in the agreed formats.
• Ensure that Audit reports / schedules for statutory and / or internal audits are provided to the auditors as and when required.
• Co-ordinate the preparation of the statutory financial statements.
• Contribute in the various initiatives of process development & mapping, system automations and policies drafting and implementation.

Skills

Required SkillsJob-Specific Skills:

• Well-versed in IAS / IFRS.
• Well-versed in preparation of Financial Statements.
• Knowledge of Dubai Real Estate Laws, Guidelines, and directives is a desired skill.

Behavioural Competencies:

• Ability to manage expectations of the various stakeholders.
• Ability to manage financial operations with constant motivation towards the next level of success.
• Ability to manage time appropriately, communicate effectively with team members and business
• Ability to approach problem solving with simplicity and logic, and to present solutions on financial matters to non-finance professionals.
• Ability to think holistically and understand the chain impact of financial transactions on the overall business.
• Ability to work under pressure without losing control over tasks assigned to be successful

What equips you for the role

Minimum Qualifications and Knowledge:

• Post-graduate degree in commerce / accounting / finance. Knowledge of management reporting and accounting systems is necessary.
• Knowledge of ERP Financial Software is necessary; SAP expertise will be preferred.

Minimum Experience:

• Minimum of 2-5 years of experience in the field of Finance and Accounting
• Experience in Real Estate / Construction / Project Management industries will be preferred.

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