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Financial Analyst

2 weeks ago


Dubai, Dubai, United Arab Emirates Al Naboodah company Full time
Roles and responsibilities

Financial Analyst – Tax andReporting will play a critical role in supporting the financialmanagement of our real estate operations. This role combinesexpertise in financial modeling, strong analytical capabilities,and in-depth knowledge of UAE tax regulations. Incumbent will beresponsible for project feasibility analysis, financial modelling,tax compliance, management reporting, and ensuring accurateforecasting and budgeting. You will also oversee audits andmaintain compliance with IFRS standards.

KeyAccountability Areas

Project FeasibilityModels

Develop and evaluatecomprehensive project feasibility models for new and ongoing realestate projects.

Analyze financial andoperational metrics to assess project profitability andviability.

Provide insights and recommendationsto support investment decisions and optimize projectoutcomes.

FinancialModelling

Build, update, andmaintain dynamic financial models to support businessdecision-making.

Perform scenario and sensitivityanalyses to forecast financial outcomes based on market trends,operational changes, and projectassumptions.

Collaborate with stakeholders toensure models align with business goals andstrategies.'

Corporate Tax and VATCompliance

Manage the preparation,submission, and reconciliation of VAT returns in compliance withUAE tax laws.

Monitor regulatory updates relatedto corporate tax and VAT and ensure timely adaptation to newrequirements.

Provide guidance on taximplications of business decisions and assist in minimizing taxliabilities.

Support corporate tax filingprocesses and ensure documentation readiness for taxaudits.

Management Reporting and VarianceAnalysis

Prepare monthly,quarterly, and annual management reports with detailed analysis offinancial performance.

Conduct variance analysisto identify discrepancies between actual performance andbudgets/forecasts.

Present actionable insightsand recommendations to senior management for performanceimprovement.

Audit Management and IFRSCompliance

Coordinate withexternal auditors to ensure the timely completion of annualaudits.

Manage internal audits and address auditfindings with corrective actions.

Providetechnical expertise on International Financial Reporting Standards(IFRS) and ensure all financial reporting adheres to thesestandards.

Budgeting andForecasting

Lead the budgetingprocess, ensuring alignment with organizational objectives and realestate project timelines.

Develop rollingforecasts to provide accurate and up-to-date financialprojections.

Analyze budget variances and providerecommendations for cost management andoptimization.

ProcessImprovement

Identify opportunitiesto improve financial processes andsystems.

Implement best practices to enhanceefficiency and accuracy.

Desired candidate profile

Professional certification such as CA, CFA, ACCA, or CPApreferred.

Bachelor's degree inFinance, Accounting, Economics, or a relatedfield.

Experience

Minimumof 5-7 years of experience in financial analysis, tax compliance,and reporting, preferably in the real estate or constructionsectors.

Demonstrated experience with VATcompliance, corporate tax, and filing processes in theUAE.

Hands-on experience with financialmodelling, management reporting, and budgeting.

Knowledge &Skills

Proficiency in IFRS and itsapplication in real estate transactions.

Strongknowledge of UAE VAT laws, corporate tax regulations, transferpricing, audit processes and financialmodelling.

Advanced proficiency in MicrosoftOffice packages.

Interpersonal &Communication Skills

Must be ableto read, write and speak Englishfluently.

Ability to communicate and interacteffectively with multi-functional and diversebackgrounds.

Ability to read analyses and respondto common inquiries.

Effectively presentinformation and respond to questions from groups of internalcustomers and employees.

Excellent analytical,communication, and interpersonalskills.

Collaborative mindset with the ability towork effectively in a team.

Professionalcertification such as CA, CFA, ACCA, or CPApreferred.

Bachelor's degree inFinance, Accounting, Economics, or a relatedfield.

Experience

Minimumof 5-7 years of experience in financial analysis, tax compliance,and reporting, preferably in the real estate or constructionsectors.

Demonstrated experience with VATcompliance, corporate tax, and filing processes in theUAE.

Hands-on experience with financialmodelling, management reporting, and budgeting.

Knowledge &Skills

Proficiency in IFRS and itsapplication in real estate transactions.

Strongknowledge of UAE VAT laws, corporate tax regulations, transferpricing, audit processes and financialmodelling.

Advanced proficiency in MicrosoftOffice packages.

Interpersonal &Communication Skills

Must be ableto read, write and speak Englishfluently.

Ability to communicate and interacteffectively with multi-functional and diversebackgrounds.

Ability to read analyses and respondto common inquiries.

Effectively presentinformation and respond to questions from groups of internalcustomers and employees.

Excellent analytical,communication, and interpersonalskills.

Collaborative mindset with the ability towork effectively in a team.

KeySkills
Financial Assistant,FinancialDocuments,SAP Finance & Controlling
Employment Type : Full-time
Department / Functional Area: Finance
Experience: years
Gender: Male
Vacancy: 1