The Company

A leading Real Estate developer based in Dubai is looking to recruit a Senior Finance Manager. My client is responsible for some of the most iconic Mixed use Real Estate projects in the region.

The Role

The purpose of this role is preparation of the budgets and forecast, managing cash flows & financial transactions, preparing financials reports, finalizing the monthly and year end closing and proposing risk management solutions.

• Manage the preparation of the Monthly, Quarterly and Annual reporting for P & L and cash flow in accordance with Group and owner reporting requirements.
• Providing insightful analysis for trends and exceptions include monthly forecasting and Risk / Opportunities.
• Trend Analysis
• Reviewing Leasing Deals
• Formulating the budgets & forecasts and conducting periodic variance analysis of actual results against the budget.
• To ensure the adequacy of the internal financial controls and recommend changes in consultation with Head of Finance in order to achieve the financial objectives.
• Continuous review and up gradation of the systems, processes, policies & procedures in order to the successful accomplishment of the organizational objectives.
• To monitor the cash flow cycle and preparing cash flow forecast on monthly basis, reporting on the company\'s existing cash position and highlighting any anticipated cash calls (if any) from the partners to meet the operational and development cash needs.
• Preparation of MIS reports including P&L and Balance Sheet to provide feedback to the top management on the financial and operational performance of the company.
• Analysing the company\'s financial and operational performance to ensure the bank covenants are met satisfactorily and highlighting any upcoming risks to avoid any default.
• Oversee management of AR function to ensure timely billing and collection with clear reporting of cash flow position, including collection of tenant sales and percentage rent billing.
• Responsible for overseeing accounting procedures in accordance with international financial reporting standards.
• Review the progress payment claims from contractors against terms of the contract and project completion.
• Co-ordinating with internal and external auditors by providing them required information to conclude the audit in a timely manner

The Candidate

• Qualified Accountant with at least 7 year experience
• Team management and motivation of a finance team
• Organizational, planning and interpersonal communication skills.
• Real Estate experience is essential

Salary and Benefits

35,000 - 40,000 AED per month, plus company benefits

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Robert Half