Our client is looking for a FM to be based in RAK

Role Summary:
Responsible for budget planning, and supports the management team by offering insights and financial
advice that will allow them to make the best business decisions for the company. Being accountable for
the development and performance of entire finance/accounts activities, you will be responsible to
arrange, manage and control finances requirement, cash flow management, budgeting & forecasting,
Payroll review and approval, cost & variance analysis, conduct auditing & present audit reports to the
Management, banks and stakeholders, review customers and suppliers aging, approve cheques
disbursement and online payments. Including but not limited to monthly P&L, business performance
metrics i.e. budgeted vs actual, ROI Analysis, working capital management, projects costing, policy
development, payment\'s approval, budgeting, group auditing, software updating, payments approvals,
payroll review and periodic MIS report presentation.
Job Responsibilities:

• Preparing, collecting, interpreting and reviewing financial information.
• Predicting future financial trends.
• Preparing periodic financial statements, Annual Budgets and related reports/ financial

information for management review. Reporting to management and stakeholders, providing
advice how the company and future business decisions might be impacted and suggest corrective
measures to overcome it.

• Producing financial reports related to budgets, account payables, account receivables, expenses

etc. and developing long-term business plans based on these reports

• Analysis of actual & forecast numbers to support management decision making process for

reducing the monthly expenses of groups. Analyze periodic MIS and advice management on all
financial matters.

• Reviewing, monitoring and managing budgets
• Developing strategies that work to minimize financial risk
• Analyzing market trends and competitors
• Advise on investment activities and provide strategies for management review Manage accounts

receivable activities including billing of tenant, landlord contributions, and deferred average
income. Ensuring receivables are collected and ensure proper recording of income.

• Issues invoices to tenants and subtenants for rent, escalations and other reimbursable expenses

ensuring proper billing in accordance with lease documents.

• Review and analyze costs, for various project capex and operations cost and relate with the actual

spent compared to the Budgets. Also, advise on the possible cost-reduction strategies.

• Developing long-term business plans based on these reports for the Company.
• Oversee operations of the finance department, set goals and objectives, and design a framework

for these to be met.

• Liaise with auditors to ensure appropriate monitoring of company finances is maintained and

ensure smooth finalization of the audits of group companies.

• Management of the Accounts function and ensuring accurate maintenance of accounts in lines

with international standards.

• Consolidate the accounts of group companies and finalization of monthly, quarterly and annual

consolidated accounts.

• Draft and review letter of credit and bank guarantees.
• Liaise with bankers for banking facilities and day to day activities of finance under the guidance

of Chairman and insurers for adequate insurance coverage of the company assets.

• Manage the banking facilities of the groups on daily basis & report to Chairman.
• Design, review and implement systems and controls for effective and accurate accounting.
• Delivering insightful and commercially-focused analysis on financial and management

information, including on variances to budget, underlying business trends, and opportunities for
income growth, cost savings and risks.

• Adheres to all company policies, procedures, business ethics codes and ensures that they are

communicated, implemented within the team.

• All other tasks assigned by Management.
• To implement any Government laws or policies with due coordination or directive from

management.
Qualification and job requirements:

• Graduate/Post Graduate Commerce professional with MBA specialized in Finance.
• Professional qualification in Accounting or Costing of any reputed international accounting

professional bodies like CA, ACCA, ICA, ICMA, ICWA, CPA will be preferred.

• Computer literate with expert skill in MS Office and Proficient user of ERP Systems
• 15+ Years post qualification experience especially in Finance and Administration, Costing,

Planning in Real Estate Development/Construction/Investment management industry.

• Must have a proven expertise in People Management
• Prior experience in a team lead role with interest in developing management skills.
• Self-starter, able to lead, work & plan with minimal guidance to drive projects to conclusion.
• Organized with the ability to multi-task & problem solve in a fast-paced environment
• Established, excellent business communication and document presentation skills for interaction

with a variety of groups at various levels

• Preferred with UAE Driving License

Competencies:

• Analytical, Accounting and Mathematical Skills - Significant exposure to economic and

accounting principles, which includes the practices in the financial markets. Analysis and reporting
of relevant financial data. Broad knowledge of arithmetic, algebra, geometry, calculus, statistics
and their applications.

• Integrity - Maintains high ethical standards; takes clear ethical stands; keeps promises;

immediately addresses untrustworthy or dishonest behavior; resists pressure in decision-making
from internal and external sources; does not abuse power or authority.

• Driver for Results - Sets high standards for quality of work; monitors and maintains quality of

work; works in a systematic, methodical and orderly way; consistently achieves project goals;
focuses on the needs and satisfaction of internal and external partners; accepts and tackles
demanding goals with enthusiasm. Required strong analytical skills, data management, derive
conclusion from analysis and business case development.

• Team management - Strong team facilitation skills required
• Leadership Skills - Ability to lead a small group of professionals and drive projects into its

completion and has the ability to handle full responsibility to plan, organize and manages staff
and over-all operations to ensure the stable operation of the organization. High energy level
required, with strong leadership skills, independent thinking, strong organizational and planning
abilities and excellent analytical and problem solving.

• Entrepreneurial Thinking - Keeps up to date with trends in own work area; identifies

opportunities for advancing mission; maintains awareness of developments in the
organizational structure and politics; demonstrates financial awareness and a concern for cost
effectiveness.

• Behavioral and Attitudinal Skills - Exemplary behavioral aspect towards work and has a driven

attitude in focusing customer service relations, teamwork and cooperation, initiative with
attentiveness to details and interactive communication.

• Confidentiality - Ability to maintain and ensure the confidential nature of the department

including all pertinent records and services rendered to other departments.

• Interpersonal Skills - Ability to establish and maintain professional and effective working

relationships with employees, supervisors, other departments, and external entities each of
which require cooperative efforts on both sides.

• Communication Skills - Ability to communicate effectively, both verbally and in written form.

Communicates clearly among the employees, supervisors, other departments. Knowledge of
different languages is an advantage.

• Company Rules - Full awareness of the internal policies, procedures, and strategies to effectively

and efficiently promote the enhancement of day-to-day achievements.

• Clerical and Computer Literacy - Knowledge of up to date computer principles in MS Word, Excel

PowerPoint and working knowledge of ERP system. Awareness of some clerical responsibilities

Min Experience:

10 Years

Salary :

AED 22000

Temp/Perm::

Permanent

Location :

Dubai

Posted Date:

March 30, 2023

Parker Connect