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Group Consolidation Manager

1 week ago

Dubai, Dubai, United Arab Emirates Qataryello Full time

Our client is a luxury hotel management company operates five-star hotels and residences worldwide.

Financial Accounting

  • Ensure timely submission of monthly financial accounts for individual companies, reviewing the completeness and accuracy of data reported by affiliates.
  • Prepare and submit consolidated monthly statutory financial statements in line with German GAAP.
  • Establish and maintain a robust internal control environment for consolidated accounts, supporting documentation, and audit trails.
  • Maintain open communication with subsidiaries, providing guidance on specific and complex accounting matters.
  • Analyze financial accounts to deliver clear and relevant information on significant changes and variances to management.
  • Prepare the annual group consolidated financial statements and related financial reports as required by German GAAP.
  • Lead the statutory audit process, managing relationships with group and component auditors, coordinating audit planning, execution, and preparation of required documentation.
  • Continuously evaluate and maintain an effective internal control system, updating corporate finance policies and procedures as necessary.
  • Train and guide subsidiary controllers on quarterly analytical reviews and year-end reporting templates.

Management Accounting

  • Produce and deliver consolidated management accounts and forecasts monthly, providing timely and accurate analyses.
  • Perform detailed analytical reviews of management fees, income streams, and expenses.
  • Coordinate and prepare the group budget and oversee its consolidation.
  • Oversee the maintenance and standardization of the chart of accounts to ensure compatibility with the analytics environment.
  • Support the ongoing development of the analytics database and collaborate with suppliers to align with business needs.
  • Drive the consolidation system upgrade by collaborating with Finance and IT to identify needs, evaluate functionalities, define project scope, and manage project timelines and activities.

Other

  • Manage and develop the team through regular meetings and workshops on key topics like audit preparation, year-end review, and updates.
  • Prepare and deliver presentations on finance topics for corporate communications.
  • Pursue professional education to stay updated on accounting developments and apply them as appropriate.
  • Oversee or prepare presentations for board meetings.
  • Participate in the Infor system upgrade project.
  • Additional responsibilities may be assigned based on business and company needs.

Education

  • Bachelor's degree in Finance & Accounting or an Accounting diploma.
  • Certified Public Accountant (CPA).

Work Experience

  • Over 3 years of proven experience in consolidating group statutory accounts in a fast-paced, dynamic, and international environment.
  • Background in a Big Four firm or similar position with exposure to multinational companies and a deep understanding of consolidation accounting processes.
  • Strong knowledge of German GAAP preferred.
  • Solid grasp of bookkeeping and accounting principles, practices, standards, laws, and regulations.
  • Experience in the hospitality or service industry is an advantage.

Languages

  • Ability to work and communicate effectively in a multinational setting:
  • English - excellent verbal and written skills.
  • German language skills are a significant asset.

Competencies

  • Strong leadership skills with a commitment to achieving results, motivating, coaching, and developing the team, and acting as a role model.
  • Effective team player with excellent interpersonal skills, displaying tolerance for differing views and effectively managing related conflicts.
  • Skilled communicator across all organizational levels.
  • Results-oriented with a proactive, hands-on approach, sense of ownership, and the ability to work independently.
  • High attention to detail and accuracy with strong critical thinking and analytical skills.
  • Decision-making and problem-solving abilities, comfortable challenging norms to drive improvement.
  • Excellent time management and prioritization skills, organized, reliable, and able to work in a fast-paced, multi-entity, high-volume environment.
  • Skilled in change and project management, capable of managing multiple projects simultaneously.
  • High integrity, discretion, and adherence to values and principles.
  • Proficient in relevant software, including MS Office and financial consolidation tools.
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