Manager - Finance - Dubai Holding Entertainment

4 weeks ago

dubai, United Arab Emirates Dubai Holding Full time
About Dubai Holding Entertainment:Dubai Holding Entertainment offers an impressive range of destinations and attractions that enhance the appeal and competitiveness of Dubai as an international tourism and leisure hub, with the added value of the quality of the facilities and the high standards of training, supervision, and security.Ain Dubai, the tallest observation wheel in the world, is the jewel of the Bluewaters extraordinary and one-of-a-kind experience and is set to offer a majestic new experiential perspective from the eye in the sky across Dubai’s mesmerizing skyline.Global Village is one of the longest established tourist attractions in Dubai having opened its doors in 1997. It offers world-class cultural and family entertainment, featuring 26 international pavilions and millions of visitors every season.As the most recent attraction within Dubai Holding Entertainment, Dubai Parks and Resorts is the Middle East’s largest multi-themed leisure and entertainment destination comprising of three separate theme parks: MOTIONGATE Dubai, LEGOLAND Dubai and LEGOLAND Water Park.Leading destinations and attractions by Dubai Holding Entertainment also include Coca-Cola Arena, the largest multipurpose indoor arena in the Middle East; Roxy Cinemas, a premiere theatre experience; and The Green Planet in City Walk, a destination that recreates a tropical forest and many more.Dubai Holding Entertainment owns the largest radio network in the region. Arabian Radio Network (ARN) is the most dynamic multiplatform broadcaster in the UAE and is at the forefront of innovation. It provides advanced in-studio cameras, broadcasting on-air, online on smartphone apps and the Apple TV platform. ARN has ten radio stations, including Dubai Eye, Virgin Radio, Al Arabiya and Hit – reaching over 200 nationalities and 4 million listeners each week in seven languages.Building on ARN’s commitment to embracing the future and being able to provide access to the best marketing platforms in the region, MPN by Dubai Holding Entertainment is a multimedia sales house, operating premium out-of-home assets, video production, event sponsorship and activations.Job Overview:Here's your chance to step into the role of Manager - Finance at Dubai Holding Entertainment. In this position, you will take on key responsibilities that include:Accounting & Financial ReportingManage the entire accounting and consolidation function.Manage the annual statutory financial statements (consolidated and stand-alone) for the assigned BU and its subsidiaries in compliance with IFRS and local regulatory requirements.Manage the quarterly audit in compliance with IFRS and ensure timely delivery of information to the auditors.Update, enhance and monitor as and when needed the accounting principles and accounting policy manual in accordance with IFRS and best practices.Prepare accounting memorandums for all material, judgmental and/or complex accounting issues across the Group.Keep abreast of changes in IFRS as well as local regulation and legislation. Evaluate on a timely basis the implementation impacts/consequences of any new accounting standards and interpretations.Ensure timeliness, efficiency and reliability of the Group period end closing process. Manage, monitor and optimize all finance related processes, policies, procedures and internal controls (implementation of Robotic Process Automation, etc.) to drive greater efficiency, compliance and productivity. Identify opportunities for process improvements, automation, and efficiency enhancements within the finance operations, leveraging technology and systems.Liaise with the external auditors for audit planning, audit requirements, audit results and timely completion of the annual audits and quarterly reviews.Ensure timely submission and review of the monthly Consolidation Pack to the group company.Ensure financial statements are completed and signed within agreed timelines.Alert senior management of any potential cost control deficiencies or revenue leakages through the preparation of financial statements and supporting schedulesBudget, Business Plan and ReforecastPrepare the assigned BU’s budget and 5-year business plan.Oversee financial planning, budgeting, and forecasting processes, collaborating with other departments to align financial goals with business objectives.Monitor financial performance, analyze variances, and provide insights and recommendations to senior management to drive profitability and cost savings.Finance OperationsManage the complete accounting function for assigned BU: accounts payable, accounts receivable, fixed assets, intercompany/related parties reconciliations, cash management, etc.with Group Services departments to ensure that accounts payable, accounts receivable and GL functions and day to day transactions are managed accurately and on timely basis.of operator TB’s and upload of the same to OracleAccounting and Reporting Software/ERPManage the accounting and reporting system implementation projects, if any.Ensure smooth running of the accounting and reporting systems.Review and update segregation of duties as and when needed. Recommend automation of processes through the system in order to ensure better controls and have a better usage of resources.Perform any other task assigned from time to time.About you:The preferred candidate for this role should possess the following experience and credentials:Degree in Accounting/ Finance. Professional certification such as a CPA, CFA, CA or ACCA required.10+ years of relevant experience with in the Finance department of a large corporationExtensive knowledge of IFRS standards and their application. Strong experience in financial reporting under IFRS.Experience in VAT implementation/managementStrong systems exposure and ERP system knowledge/implementation (Oracle, Hyperion preferred)About the Benefits:In the world of entertainment, Dubai Holding Entertainment is dedicated to nurturing the talents and well-being of our team members. Join our dynamic and diverse workforce to enjoy a comprehensive benefits package that includes competitive compensation, exciting career development opportunities, and a collaborative and creative work environment. We strongly believe in empowering our workforce, as they play a pivotal role in shaping unforgettable entertainment experiences for tomorrow.We are committed to attracting the brightest minds and nurturing the most innovative candidates who aspire to make a significant impact on the future of the entertainment industry in Dubai. At Dubai Holding Entertainment, we embrace equal opportunity and promote a discrimination-free environment where everyone's unique talents and contributions are celebrated. Join us in crafting a thrilling and extraordinary tomorrow in entertainment
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