Job Purpose
The purpose of this role is to manage the preparation of financial reports according to DSOA and IFRS standards & procedures.
This role will also be responsible for the accounting activities of the Master and Villa Communities and coordination with RERA.
Main Responsibilities
- Manage the preparation of Financial Statements of DSOA for internal and external reporting as per agreed timeline based on the One Page Plan (OPP) document.
- Manage full scope of the financial reporting for the DSO Master community and Villa Communities
- Coordinate and liaise with other departments to collect data and documents needed for accounting transactions.
- Manage the execution of financial transactions in accordance with DSOA’s accounting controls, policies and procedures.
- Review and analyze Sub Ledger and General Ledger accounts for reconciliation of recorded accounting transactions on assigned accounts.
- Compile and analyze financial information to reconcile recorded accounting transactions and prepare authorized financial transactions for entry.
- Prepare own monthly relevant reconciliation schedule, and review other section’s schedules for efficient and timely submittal.
- Coordinate and facilitate the annual and interim audit functions with zero qualifications.
- Ensure 100% compliance with lCD (Investment Corporation of Dubai) quarterly and annual reporting requirements.
- Support the Department with monthly, quarterly and yearly financial reporting as well as compilation of MIS (management information system) pack & backup schedule files as per timeline based on the One Page Plan for external and internal reviews.
- Update subsidiary companies (UD/SOF/DSI) accounting entries and close subsidiary books in line with company policies.
- Extensive understanding of international, IERS, national finance and accounting standards and regulations.
- Reconcile inter-company accounts and coordinate necessary correction entries with the respective finance subordinates, as well as provide support in clearing inter-company balances.
- Coordinate with finance team members and banks to validate and review interest expenses on their availed facilities and update accounting records accordingly.
- Manage direct reports and ensure they constantly have opportunities to grow and develop as professionals using the best available tools and methodologies.
- Review, track and maintain fixed assets register and FA related entries and Provide support with bi-annual physical inventory counts (twice annually).
- Continuously assess the financial closing process and perform process reengineering to reduce the financial closing period and increase its efficiency
- Manage DSOA’s Real Estate portfolio valuation on an annual basis and liaison with external valuation company.
- Manage and supervise subordinates in the financial reporting team.
- Perform any duties assigned by the management (as and when required).
Job Details
| Posted Date: | 2020-11-26 |
| Job Location: | Dubai, United Arab Emirates |
| Job Role: | Accounting and Auditing |
| Company Industry: | Other Business Support Services |
Preferred Candidate
| Career Level: | Entry Level |
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