Assistant Accounting Manager

Job Description

<p>We are looking for a full-time real estate Chief Accountant to join our expanding team! You will be responsible for the effective management of all financial tasks, including accounting, treasury, compliance, financial reporting, tax and development of internal control policies and procedures. Provide leadership and coordination in the administrative, accounting and budgeting efforts of the company.</p><p>Location: Dubai, AE</p><p>Key Responsibilities</p><ul><li>Ensures timely closure of books on monthly basis to deliver on time monthly, quarterly and annual accounts in compliance with IFRS, GAAP.</li><li>Prepares financial summaries, reports, analysis, cost-benefit analysis and/or ad-hoc financial reports as required by the Senior Management.</li><li>Ensures timely issuance of accurate weekly and/or monthly flash / reports.</li><li>Plan, Prepare and revise payment plans of sold units.</li><li>Prepare, organize, send timely payment notifications and reminders to buyers based on the payment plans.</li><li>Tracking payment defaulters and reporting it to management for further action in compliance with sale purchase agreement or according to RERA Guidelines.</li><li>Ensures scrutiny on contractors’ bills and timely payment to all suppliers and supplier accounts reconciliation.</li><li>Weekly cash flow forecast, related borrowing needs, and available funds.</li><li>Manages entity level cash requirements, ensure availability of funds as needed and placement of excess funds in short term investments as per entity investment guidelines.</li><li>Develops and maintains working relationships with banks, escrow accounts and trustee banks and understands all requirements of escrow account regime to ensure timely settlement of payments.</li><li>Ensures entity level legal &amp; tax compliance with corporate / tax laws, rules, RERA laws / procedures, including VAT legislation / practice / procedures and monthly / annual filings.</li><li>Coordinates with external auditors for interim / annual audit plans and ensures timely delivery of consolidated and entity level financial reports.</li><li>Coordinates with RERA auditors for ensuring timely delivery of RERA audits / reports</li></ul><p>Requirements</p><ul><li>Experience in real estate developer company, ideally in Dubai&nbsp;</li><li>Knowledge of RERA Laws, rules, practices and procedures will be Plus</li><li>AML Checks &amp; Policy Regulation (MLRO)</li><li>Solid technical accounting skills, including IFRS</li><li>Working knowledge of ERP systems</li><li>Advanced knowledge of Microsoft Excel</li><li>Experience in all type on Online banking transactions is mandatory</li><li>Confident, driven and dynamic leader.</li><li>Experience in Real estate financial modelling/financial forecasts is an advantage</li><li>Experience in handling accounts and audit finalization in Real estate (construction accounting or under construction projects)</li><li>Immediate Availability is Preferred</li></ul><p>Job Type: Full-time, Permanent</p>