Finance Manager

5 days ago


Dubai, United Arab Emirates DGM Investment LLC Full time

Audit the journal entries, adjustments, and accruals related to development and brokerage transactions, ensuring adherence to accounting standards and contractual agreements.

**Financial Reporting Support**:

- Collaborate with the finance team to prepare accurate and timely financial statements for development and brokerage divisions, including income statements, balance sheets, and cash flow statements.
- Provide detailed supporting schedules and analyses for development and brokerage-related accounts and disclosures, facilitating comprehensive financial reporting.=

**Project Cost Tracking and Analysis**:

- Track and analyze project costs, revenues, and profitability for development projects and brokerage transactions, providing insights and recommendations to management for performance evaluation and decision-making.
- Monitor project budgets, forecasts, and actual expenditures, identifying variances and implementing corrective actions as necessary to ensure financial objectives are met.

**Revenue Recognition and Contract Accounting**:

- Review and verify revenue recognition criteria and contract terms for development projects and brokerage transactions, ensuring compliance with accounting standards and regulatory requirements.
- Coordinate with project managers and brokers to assess revenue recognition milestones, contract modifications, and revenue deferral or recognition adjustments as needed.

**Month-End and Year-End Closing for Development and Brokerage**:

- Lead month-end and year-end closing activities specific to development and brokerage operations, such as reconciling revenue and expense accounts, recording accruals, and preparing financial reports.
- Coordinate with internal departments and external stakeholders to ensure timely and accurate completion of closing procedures, supporting financial reporting deadlines.

**Cost Allocation and Analysis**:

- Allocate shared costs and expenses across development and brokerage divisions, ensuring appropriate cost allocation methods and accurate expense reporting for each business segment.
- Analyze cost variances, trends, and drivers within development projects and brokerage transactions, providing insights and recommendations for cost optimization and profitability enhancement.

**Compliance and Audit Support**:

- Ensure compliance with accounting standards, regulatory requirements, and internal policies governing development and brokerage operations.
- Support internal and external audits by providing documentation, explanations, and analyses related to development projects and brokerage transactions and balances.

**Qualifications and Skills**:

- Professional qualification such as **ACCA, CA, CPA,** or equivalent is preferred.
- Minimum **3**to **5**years of experience in accounting or finance roles, with a focus on general ledger management and financial reporting in the real estate development & brokerage industry in UAE.
- Solid understanding of accounting principles and practices relevant to real estate development and brokerage businesses, including revenue recognition, project accounting, and contract management.
- Proficiency in accounting software and ERP systems, with advanced skills in Microsoft Excel.
- Strong analytical and problem-solving abilities, with a keen attention to detail and accuracy in financial data analysis.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and present complex financial information clearly and concisely.
- Ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a dynamic real estate development and brokerage environment.
- Commitment to continuous learning and professional development in accounting practices and standards relevant to real estate development and brokerage businesses.

Pay: From AED10,000.00 per month

Application Question(s):

- Can you Join Immediately

**Education**:

- Master's (required)

**Experience**:

- Real Estate: 3 years (preferred)
- Finance manager: 2 years (preferred)
- Yardi or Odoo: 1 year (preferred)

License/Certification:

- CA/CMA/ACCA or similiar certifications (required)


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