Finance Manager - Asset Management Operations

Overview:
Headquartered in Dubai, UAE, The First Group is a dynamic, integrated global
property developer with a fast-growing portfolio of upscale hotels,
residential properties, F&B brands and real estate asset management services.
Since our launch in ‎2005, we have carved a highly successful niche offering
unrivalled property investment opportunities in high-growth markets to clients
from more than ‎70 countries worldwide.

We were among the first developers to identify the tremendous potential in
providing private investors the opportunity to purchase hotel guestrooms,
suites and serviced apartments in our collection of upscale properties located
in highly popular locations across Dubai. We back up our success with a list
of International Property awards along with strategic partnerships with
companies such as Wyndham Hotel group, Millennium Hotels, Emirates Airlines
and Jumeirah Hotels and Resorts.

To successful candidates, we offer a diverse progressive corporate working
environment with clear growth potential along with award winning sales &
marketing tools, a state of the art showroom featuring Dubai's only virtual
helicopter tour and endorsements from a number of international sporting
celebrities

Job Description:
Manage the group's Asset Management department day-to-day operational
activities. Principally, this will take the form of setting uniform policies
and strategies for the Asset Management function and overseeing central
execution. This function includes all key activities including cash
management, relationship management - both internal and external, cashflow
forecasting, risk management, strategy, operations, implementing new processes
and procedures. Improving the reporting and visibility of operations and
reporting to management. Delivering continuous improvement/best practice
within the business. The team currently has a team of individuals who are
supported by other departments within the group and overall finance function.
This role will manage team members and the team objectives and ensure that
expectations set are met and on track.
*
Managing relationships with key divisions within Finance and other internal
departments, build trust and communicate effectively on processes, procedures
and regulatory requirements
* Support the finance function on any queries / follow-ups
* Lead liquidity management - introduce and propose new cash management / banking / payment solutions while maintaining current processes
* Adapt the current banking structure and find solutions to the various business needs and constrains of business and collaborate with finance, legal, IT and other internal departments within the organisation
* Managing operational queries, building trust, dealing with all issues regarding all transfers, compliance, KYC's, signatories, general account maintenance, negotiating charges, keeping updated on market developments and trends - delegating and following up with the team members on responses
* Managing compliance on all payments and training internal teams
* Managing vendor payments, keeping up to date on bills- liaising with various building management and team members to ensure up to date
* Managing rental cheques and reporting on status
* Managing strategic projects
* Manage petty cash processes and procedures and revisit regularly to ensure compliance
* Manage documentary control and archiving
* Debt management - ensuring all deadlines are met without fail
* Prepare reports for internal stakeholders and senior leadership
* Support senior leadership through insightful analysis and articulate presentations and initiatives
* Collaborate with the various internal functions including banking compliance, payment solutions, legal documentation requirements, process implementation / improvement initiatives
* Monthly audit of trackers to ensure all day-to-day activities related to cash forecasting, historical data, backup, documents are maintained correctly
* Standardise policies and develop best practice controls
* Drive continuous improvements in operations
* Manage current online banking processes and payments and update delegation of authorities and internal controls
* Support in projects and strategic ad hoc analysis to support leadership decisions
* Lead team members and be responsible for all outputs and accuracy and provide training where necessary
* Manage and contribute to the growth of the team
* Manage team members and ensure all KPI's are achieved and improve productivity
* Maintain all process maps and procedures
* Utilize the full potential of the ERP system and assist in the setup of reports/integrations
* Responsible for ensuring company meets its compliance responsibilities in relation to the applicable governing rules and regulations
* Manage all queries relating to compliance and vendor registration
Desired Skill & Expertise:
* Graduate with a bachelor's degree in Finance/accounting
* Accounting qualification
* Understanding of group legal organisation structures with many entities and maintain confidentiality at all times
* Manage communication regarding banking compliance through e-mail & telephone
* Presenting reports to senior management and pro-actively setting meetings to update
* Manage all requests from internal/ external auditors
* Constantly strive to improve experience and seek best practise and solutions in current processes/systems/ banking integrations
* Manage and adapt to constant change and 'on-demand' requests
* Risk management and implementation of controls & procedures
* Preparation in all kinds of documentation