Finance Manager

Job description / Role

Our client, a prominent real estate business, is looking to expand it's finance team and hire a Finance Manager to oversee an extremely prominent portfolio based in Dubai.

Client Details
Our client is a real estate business that owns some of the most prominent assets in Dubai. They are backed by a Multinational Real Estate company.

Description
* Management reporting; Ensures the annual consolidated financial statements of the company align with International Financial Reporting Standards (IFRS)
* Monthly and quarterly management accounts review with the Finance Head.
* Closing and quarterly management of accounts by business partnering with various departments
* Contribute in the budget preparation for the organisation, departments and projects and review of financial reporting packs with the Finance Head before it is shared with stakeholders
* Monitor and manage the actual cost verses budget on periodic basis and provide financial reports/data related to the department/ divisional/ project's financial performance.
* Review complete process of AR accounting including timely issuance of invoices and receipt booking.
* Review and approve manual journal entries in relation to accruals and re classifications to ensure accurate reporting of revenue.
* Prepare and ensures the straight-lining of revenue is done as per IFRS-16 guidelines.
* Determine and manage monthly account receivable status for the business.
* Check and verify VAT returns in coordination with Internal and external VAT liaisons.
* Analyse and interpret results of monthly financial reports, including summarising the results for management.
* Manage the accounts receivable team, including allocation, delegation, adaptation of business tasks and requirements to ensure operation needs and timely deadlines are met.
* Ensures the process improvements to increase the efficiency of team without compromising on accuracy.
* Administer and manage departmental system automation as well as any process improvement/ad-hoc requirements as per management discretion Accounts Payable:
* Review the booking of expenses and monitors the utilisation of the budget.
* Review manual journal entries in relation to accruals and re classifications to ensure accurate reporting of expenses.
* Determine and manage monthly cash requirements for the business.
* Check and verify VAT returns in coordination with Internal and external VAT liaisons.
* Manage the accounts payable team, including allocation, delegation, adaptation of business tasks and requirements to ensure operation needs, and timely deadlines are met.
* Any ad-hoc requirements related to accounts payable including AP ageing to ensure the invoices are paid in timely basis. Financial Reporting

Job Offer
* Opportunity to work in an incremental position and in close contact with a Multinational Real Estate business
* Excellent compensation and benefits

Requirements

* Minimum 8 to 10 years of post-qualification experience, 4 of which are in a supervisory capacity
* Experience in the Real Estate industry at an asset level is a MUST
* Qualified Chartered Accountant is a MUST
* Bachelor's degree, Master's degree
* Oracle, Excel proficient

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.