Financial Reporting Assistant Manager
3 weeks ago
We are currently recruiting on behalf of a leading Property Company based in Abu Dhabi. They are looking for a Financial Reporting Assistant Manager to work within the Asset Management division.
Key duties and responsibilities;
• Ensure proper accounting of the asset management has been implemented and proper closing of each asset has been maintained on a monthly basis
• Manage the asset portfolio accounting function efficiently.
• Ensure proper accounts are maintained for owners associations for retail and commercial assets.
• Oversee A/R & A/P related to (bulk residential lease, commercial & retail)
• Manage full service charge cycle from preparation of service charge budgets and service charge audits (AUP’s) and issue of audit reports to tenants on an annual basis.
• Manage treasury functions of the asset including asset owners account, service charge bank accounts and sinking fund accounts etc.
• Preparation, review and timely submission of monthly management accounts for asset under his supervision including review of payables, receivables, depreciation, KPI’s, variances with budgets, Income, Service charge accounting etc.
• Provide support to internal and external auditors for auditors of the respective asset
• Handle special analyses such as financial analysis and cash flow forecasting for the asset.
• Assist the asset management team with financial and accounting reports as may be needed from time to time.
• Full Balance sheet and Profit & loss responsibility for each asset (bulk residential lease, commercial and retail)
Qualifications and experience required;
• Bachelors degree in accounting
• Professional accounting qualification e.g. CPA, CIMA, CA, ACCA is preferred
• Experience working within Asset Management
• 5+ years of experience of financial accounting and management accounting experience
• Experience of accounting within real estate or related industry is preferred
• Experience in complex Group-wide accounting and reporting, preferably in a public company
• Knowledge of and ability to apply international accounting standards and ERP systems
• Knowledge of and ability to adhere to internal controls
About The Company
Hays is the leading global specialist recruiting group. We are the experts at recruiting qualified, professional and skilled people worldwide.
Our Middle East office was founded in December 2005, headquartered in Dubai UAE. We deal with clients in the UAE, Qatar, Oman, Bahrain, Saudi Arabia, and other key areas in the region. Our consultants’ sector-specific knowledge and unique understanding of the local market allows us to offer an exceptional level of service across all divisions.
We currently recruit for roles in the following sectors: Accounting & Finance, Architecture, Banking, Construction & Property, Engineering, Healthcare, Human Resources, Information Technology, Logistics, Legal, Office Support, Oil & Gas, Pharma, Supply Chain & Procurement, and Sales & Marketing.
As part of our continuing expansion, we have opened an office in Abu Dhabi to further assist with our client needs across the region.
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