Posted
Ref: QP868-88

Job description / Role

Employment: Full Time

Job Objective:
The role will be responsible for managing the Hotel consolidation, intercompany accounts, Fixed Asset Tagging, VAT / Corporate Tax handling and financial reporting.

Key Responsibilities:
- Manage and oversee the daily operations of the finance department for Hotel consolidation, intercompany accounts, Fixed Asset Tagging, VAT / Corporate Tax handling and financial reporting.
- Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.
- Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow projections.
- Analyze financial data and provide insights to support decision-making.
- Ensure compliance with local and international financial regulations and standards.
- Support the development and implementation of financial policies and procedures.
- Collaborate with other departments to support overall company goals and objectives

Requirements:

Requisite Qualifications:
- Bachelor’s Degree in Finance, Accounts or equivalent.
- Desirable to have certification in working capital management.

Experience Requirement:
- Minimum 3-5 years of relevant experience in a large organization preferably in real estate/property or related sector.
- Working experience in Microsoft Dynamics 365.

Skills Required:
- Knowledge of accounting/financial software.
- Knowledge of regional and international finance practices.
- Knowledge of relevant IFRS and accounting standards.
- Advance communication skills.
- Customer Focus.
- Flexibility and Adaptability.
- Collaborative Working.
- Communication.

About the Company

RAK Properties is one of the leading property development and tourism infrastructure firms in the UAE.

With proven excellence in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels, RAK Properties Public Joint Stock Company (PJSC) plays a central role in shaping the lifestyle of residents of the United Arab Emirates.

Founded in 2005 from the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties delivers high-quality and professionally managed projects that provides its customers with the highest level of service, while maximizing the value of their investments.

RAK Properties has sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was over subscribed by almost 57 times. In its mission to lead the development of real estate and tourism infrastructure in Ras Al Khaimah. RAK Properties aims to attract foreign investors of repute to launch state of the art projects, including luxurious hotels, resorts and malls. In doing so, RAK Properties serves as a catalyst for a dynamic property market in both Ras Al Khaimah and the wider United Arab Emirates.

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