Financial Controller

Chestertons

Dubai, UAE

Ref: SP090-14

Job description / Role

Employment: Full Time

Financial Controller (MENA)

What this Job Involves

• Develop and implement financial budgeting, planning, and reporting framework, calendar and tools.
• Design and implement operational and financial dashboard emphasizing the status of the Key Performance Indicators and reporting on exceptions in a proactive manner.
• Prepare, review, implement and ensure adherence to financial and accounting policies and processes, identifying opportunities for continuous improvement and efficiencies.
• Review and monitor General Ledger accounting entries to ensure the accuracy of accounting data and compliance with accounting policies.
• Provide regular key financial information and analysis to management to support strategic decision making and corrective actions.
• Prepare monthly performance review reports and dashboards for the Business Units as well as for consolidated entities to facilitate decision making, with detailed variance analysis.
• Set targets for and supervise all accounting and finance personnel (management accountants, internal auditors etc.)
• Prepare ad hoc reports and presentations as requested by management.
• Prepare financial statements. Liaise with auditors to complete the audits of all companies. This includes individual and combined Financial Statements.
• Prepare and issue all audit schedules to meet the external audit reporting timelines.
• Work closely with other department heads and business units as well as external parties such as auditors, consultants and FTA (Federal Tax Authority).
• Ensure that VAT is correctly reported and deadlines are met to avoid penalties imposed by FTA.
• Ensure 100% compliance with all relevant regulatory and government requirements including but not limited to Economic Substance Reporting, Anti Money Laundering procedures etc.
• Oversee the accounts payable function. Ensure timely payments, and review of supplier/inter-company reconciliations and resolution for reconciling items.
• Oversee the accounts receivable function Follow up and coordinate with relevant internal departments for the collection of receivables and provide them relevant information as and when requested.
• Manage the Treasury function of the organization.
• Prepare cashflow forecasts and bank reconciliations.
• Maintain banking relationships and banking setup to ensure smooth operations.
• Assist in the implementation of ERP, as required.
• Improve processes by developing or implementing best practices and provide support on operational matters.
• This role is required to manage the finance department functions, including VAT, across the business units and to provide supporting investment analysis, MIS reporting, treasury, statutory reporting, accounts receivable, accounts payable, intercompany reconciliations etc.

Requirements

Qualifications

• Ideally CA/ACCA/CPA/CIMA qualified.
• Strong real estate industry knowledge desirable.
• 10+ years of post-qualification experience and 5 – 7 years of progressive UAE experience.
• GCC VAT and regulatory knowledge is a must.
• In depth knowledge of corporate finance, accounting principles and best practices.
• Solid knowledge of financial forecasting and analysis.
• Excellent organizational and leadership skills.
• Outstanding communication and interpersonal abilities.

About the Company

Chestertons is a global real estate services firm with more than 46 offices in 16 countries, operating across the UK, Europe, Asia Pacific, Caribbean, Middle East and North Africa.

We provide expert advice on the purchase, sale and leasing of all types of commercial and residential real estate, including management of property portfolios, valuations and appraisals, as well as capital market advice to help clients to develop viable strategic opportunities from their real estate portfolios.

Are you interested in becoming a new member of the Chestertons Global Network? Join our Global Network and use our brand and expertise to grow your business globally.

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Financial Controller salaries in Dubai

Average monthly compensation
AED 26,000

Breakdown available for industries and years of experience