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.
What You Will Do:
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.
Skills
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.