Finance Manager
3 weeks ago
**Position**: Finance Manager / Chief Accountant
**Industry**: Property Development & Real Estate Brokerage
**Location**: Dubai, UAE
**Job Overview**:
**Key Responsibilities**:
- **Financial Planning & Analysis**:
- Develop and oversee financial plans, budgets, and forecasts for property development and real estate brokerage operations.
- Analyze financial data and provide regular reports, including variance analysis, to senior management.
- Provide financial insights to support decision-making related to property acquisitions, sales, and project financing.
- **Financial Reporting & Compliance**:
- Prepare accurate monthly, quarterly, and annual financial statements in accordance with IFRS and industry standards.
- Ensure all financial operations are compliant with local tax regulations, including VAT, and other financial laws.
- Lead internal and external audits, ensuring accurate financial records and regulatory compliance.
- **Cash Flow & Treasury Management**:
- Monitor and manage the company’s cash flow to ensure liquidity for ongoing property development projects and brokerage activities.
- Oversee banking relationships, manage loan facilities, and ensure effective treasury management.
- Develop and implement cash flow forecasting models to support project financing and working capital needs.
- **Cost Control & Budget Management**:
- Monitor project costs, ensuring they stay within approved budgets and identifying any cost-saving opportunities.
- Manage and approve financial transactions, ensuring they align with the company’s financial policies.
- Implement financial controls to ensure the accuracy of financial data and the efficient use of company resources.
- **Team Leadership & Development**:
- Lead the finance team, providing guidance and mentoring to ensure high performance and professional growth.
- Train team members on financial best practices, reporting standards, and internal controls.
- Conduct regular performance reviews and develop strategies for team development and efficiency.
- **Taxation & Regulatory Compliance**:
- Ensure timely and accurate filing of all tax returns, VAT reports, and compliance with financial regulations.
- Stay up to date on changes in local and international tax laws affecting the real estate sector and adjust financial practices accordingly.
- Act as the primary liaison with external auditors, tax authorities, and financial regulators.
- **Financial Systems & Process Improvement**:
- Oversee the implementation and optimization of financial software and systems to improve process efficiency.
- Regularly review financial processes and identify areas for improvement, implementing new policies and procedures where necessary.
- Ensure data accuracy and integrity within the financial management system.
**Qualifications**:
- Bachelor’s degree in Accounting, Finance, or a related field; professional qualifications such as ACCA, CPA, or CMA are preferred.
- 5-7 years of experience in a finance or accounting role, with at least 3 years in a managerial position within the property development or real estate brokerage industry.
- Strong understanding of financial management, budgeting, and reporting in real estate and property development.
- Expertise in handling VAT, taxation, and financial compliance.
- Excellent leadership and team management skills.
- Proficiency in accounting software (e.g., SAP, QuickBooks) and Microsoft Office Suite.
- Strong analytical and problem-solving abilities, with attention to detail.
- Ability to manage multiple projects and meet deadlines in a fast-paced environment.
**Application Process**:
Pay: AED5,000.00 - AED6,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelor's (required)
**Experience**:
- Property Development: 7 years (required)
**Language**:
- English (required)
- Urdu/Hindi (required)
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