Announced
04/09/20244 Sep, 2024
Job Status
Full Time
Job Type
Employee
Expiration Date
04/01/2025 12 days left
Job Category
Salary
AED20,000 - AED28,000 per month (AED240,000 - AED336,000 per year) (AED)
Reference Number
JN-082024-6511157
Job Title
Reporting and Consolidation ManagerJob Presentation
Our client is a leading real estate management company in the region, playing a prominent role in the UAE's property sector. With a team of over 5,000 professionals, they offer a broad range of services and manage a vast portfolio, including residential units, extensive retail and commercial spaces. They also hold facilities management contracts and utilize innovative solutions to enhance property value throughout its lifecycle.
- Financial Reporting Leader: Oversee the accurate and compliant preparation and presentation of financial reports, ensuring adherence to accounting standards.
- Consolidation Expert: Manage the consolidation of financial statements from various entities within the organization.
- Compliance Enforcer: Ensure adherence to regulatory requirements and maintain strong internal controls.
- Analytical Advisor: Provide insights and analysis to support strategic decision-making.
- Team Leader: Guide and develop a team of financial professionals, fostering a culture of excellence and continuous improvement.
- Financial Reporting: Prepare and review financial statements on a monthly, quarterly, and annual basis, ensuring accuracy and compliance with standards like GAAP or IFRS. Develop and standardize reporting templates.
- Consolidation: Oversee the consolidation of financial statements for multiple subsidiaries, managing inter-company transactions and coordinating with subsidiary finance teams.
- Compliance and Internal Controls: Ensure compliance with laws, regulations, and standards, and maintain internal control policies to safeguard assets and ensure the integrity of financial reporting.
- Financial Analysis: Conduct variance analysis to identify discrepancies and provide insights into financial trends. Support budgeting and forecasting processes with historical data and analysis.
- Stakeholder Communication: Prepare and present financial reports to executives and stakeholders, liaise with external auditors, and respond to financial information requests.
- Process Improvement: Identify and implement improvements to streamline and automate reporting and consolidation processes, and lead financial system upgrades.
- Team Leadership and Development: Mentor and develop the reporting and consolidation team, conduct performance evaluations, and organize training programs.
- Daily and Weekly Tasks: Manage daily reporting and consolidation activities, review journal entries and reconciliations, and ensure accurate posting of financial data.
- Monthly and Quarterly Tasks: Coordinate month-end and quarter-end processes, prepare consolidated financial statements, and analyze financial results.
- Annual Tasks: Lead the preparation of annual financial statements, coordinate year-end audits, ensure regulatory compliance, and support annual budgeting and financial planning.
- Ad Hoc Tasks: Provide financial analysis for special projects and strategic initiatives, assist with new accounting standards, and conduct due diligence for acquisitions.
- Primary Responsibilities: Assist with preparing consolidated financial statements, managing audits, resolving internal audit queries, and performing risk checks in accounting. Support mergers and acquisitions, group reporting, and transformation projects.
- Occupational and Workplace Health and Safety Responsibilities: Adhere to health, safety, and environmental policies and ensure compliance with updates and practices.
- Information Security Responsibilities: Comply with information security policies, complete security awareness training, and ensure the protection and confidentiality of sensitive information.
Experience and Skills:
A minimum of 8 years in a related field is required, with prior experience at a Big Four firm being preferred.
Technical Skills:
- Accounting Standards: Extensive knowledge of accounting principles and standards, such as GAAP and IFRS, or other relevant frameworks.
- Financial Reporting and Consolidation: Expertise in preparing and consolidating financial statements, along with familiarity with financial reporting software and consolidation tools.
- Financial Analysis: Strong analytical skills to interpret financial data, with experience in financial modeling and variance analysis.
- Software Proficiency: Skilled in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Microsoft Excel. Experience with ERP systems and financial reporting software is also required.
Soft Skills:
- Leadership and Team Management: Proven leadership abilities with experience in mentoring and developing teams, and excellent interpersonal skills for team management and motivation.
- Communication: Exceptional written and verbal communication skills, with the ability to clearly present complex financial information to stakeholders.
- Attention to Detail: High level of precision and attention to detail in financial reporting and consolidation.
- Problem-Solving: Strong problem-solving skills to address and resolve financial reporting issues, with a knack for identifying and implementing process improvements.
- Organizational Skills: Effective organizational skills for managing multiple tasks and deadlines, with the ability to work under pressure and meet tight deadlines.
- Ethical Standards: Strong commitment to ethical standards and integrity, ensuring financial accuracy and compliance.
JOB BY
Michael Page
Office No.202, Al Fattan Currency House Tower -1, Dubai International Financial Centre (DIFC), PO Box 506702 Dubai, United Arab Emirates
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+971 4 709 0300
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