Chief Accountant / Finance Manager

Job description / Role

Jafza based company is looking to recruit a Chief Accountant / Finance Manager to be based in Dubai.

The Role

Reporting directly to the CEO you will be responsible for the effective management of all financial tasks, including accounting, treasury, compliance, financial reporting, tax and development of internal control policies and procedures. Provide leadership and coordination in the administrative, accounting and budgeting efforts of the company.

Key Responsibilities

• Ensures timely closure of books on monthly basis to deliver on time monthly, quarterly and annual accounts in compliance with IFRS, GAAP.
• Prepares financial summaries, reports, analysis, cost-benefit analysis and/or ad-hoc financial reports as required by the Senior Management.
• Ensures timely issuance of accurate weekly and/or monthly flash / reports.
• Plan, Prepare and revise payment plans of sold units.
• Prepare, organize, send timely payment notifications and reminders to buyers based on the payment plans.
• Tracking payment defaulters and reporting it to sales and senior management for further action in compliance with sale purchase agreement or according to RERA Guidelines.
• Ensures scrutiny on contractors bills and timely payment to all suppliers and supplier accounts reconciliation.
• Weekly cash flow forecast, related borrowing needs, and available funds.
• Manages entity level cash requirements, ensure availability of funds as needed and placement of excess funds in short term investments as per entity investment guidelines.
• Develops and maintains working relationships with banks, escrow accounts and trustee banks and understands all requirements of escrow account regime to ensure timely settlement of payments.
• Ensures entity level legal & tax compliance with corporate / tax laws, rules, RERA laws / procedures, including VAT legislation / practice / procedures and monthly / annual filings.
• Coordinates with external auditors for interim / annual audit plans and ensures timely delivery of consolidated and entity level financial reports.
• Coordinates with RERA auditors for ensuring timely delivery of RERA audits / reports

Salary:

• AED 9,000 to 13,000 per month inclusive of fixed allowances.

Candidates who can join immediately are only preferred.

Salary:
AED 9,000 to 13,000 per month inclusive of fixed allowances.

Requirements

• Qualified Accountant - CPA / CIMA / CA / ACMA or other recognized Accounting qualification
• 7-10 years of post-qualification progressive experience
• Minimum 2+ years at a Managerial / Chief Accountant Level
• Experience of residential real estate development, ideally in Dubai
• Knowledge of RERA Laws, rules, practices and procedures will be Plus
• Solid technical accounting skills, including IFRS
• Working knowledge of ERP systems
• Advanced knowledge of Microsoft Excel
• Experience of working within a multi-cultural environment.
• Should have managed a team of at least 4 to 5 accountants
• Should have worked with companies with turnovers more than 20 Million AED yearly
• Should have worked with companies with more than 50 to 100 transactions a day.
• Should have a corporate exposure and had been in an environment of more than 50 employees.
• Experience in all type on Online banking transactions is mandatory.

Package:

• From 9,000 aed to 13,000 aed (depending on the candidate skills) per month plus benefits

Requirements of the role:

• At least 5 year’s experience in UAE market
• Real Estate Industry or Construction related Experience
• Proven track record of success in senior roles.
• Confident, driven and dynamic leader.
• Immediate Availability Preferred
• Location: Jebel Ali Free Zone

Candidates who can join immediately are only preferred.

About the Company

A leading Real Estate Development company.