JOB SUMMARY
To manage the finance department functions including VAT across the business units, supporting investment analysis, MIS reporting, treasury, statutory reporting, accounts receivables, accounts payables, intercompany reconciliations etc.
ESSENTIAL DUTIES
• 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 the 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 entity 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 the 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 relations 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 internal tax advisory services and support
on business operational matters.
Requirements
OTHER DUTIES AND RESPONSILITIES
• Ideally CA/ACCA/CPA/CIMA qualified
• A strong real estate industry knowledge desirable.
• 10+years of post qualification experience and 5 to 7 years of progressive UAE experience.
• GCC VAT and regulatory requirement knowledge is as must.
• In depth knowledge of corporate finance and 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 120 offices in 20 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.
We also have a dedicated Global New Homes team who assist with the marketing, selling and purchasing of off-plan properties across the globe.
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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