The Role
Financial Controller (MENA) What this Job Involves • Develop and implement
financial budgeting, planning, and reporting framework, calendar and tools. •
Design and implement operational and financial dashboard emphasizing the
status of the Key Performance Indicators and reporting on exceptions in a
proactive manner. • Prepare, review, implement and ensure adherence to
financial and accounting policies and processes, identifying opportunities for
continuous improvement and efficiencies. • Review and monitor General Ledger
accounting entries to ensure the accuracy of accounting data and compliance
with accounting policies. • Provide regular key financial information and
analysis to management to support strategic decision making and corrective
actions. • Prepare monthly performance review reports and dashboards for the
Business Units as well as for consolidated entities to facilitate decision
making, with detailed variance analysis. • Set targets for and supervise all
accounting and finance personnel (management accountants, internal auditors
etc.) • Prepare ad hoc reports and presentations as requested by management. •
Prepare financial statements. Liaise with auditors to complete the audits of
all companies. This includes individual and combined Financial Statements. •
Prepare and issue all audit schedules to meet the external audit reporting
timelines. • Work closely with other department heads and business units as
well as external parties such as auditors, consultants and FTA (Federal Tax
Authority). • Ensure that VAT is correctly reported and deadlines are met to
avoid penalties imposed by FTA. • Ensure 100% compliance with all relevant
regulatory and government requirements including but not limited to Economic
Substance Reporting, Anti Money Laundering procedures etc. • Oversee the
accounts payable function. Ensure timely payments, and review of
supplier/inter-company reconciliations and resolution for reconciling items. •
Oversee the accounts receivable function Follow up and coordinate with
relevant internal departments for the collection of receivables and provide
them relevant information as and when requested. • Manage the Treasury
function of the organization. • Prepare cashflow forecasts and bank
reconciliations. • Maintain banking relationships and banking setup to ensure
smooth operations. • Assist in the implementation of ERP, as required. •
Improve processes by developing or implementing best practices and provide
support on operational matters. • This role is required to manage the finance
department functions, including VAT, across the business units and to provide
supporting investment analysis, MIS reporting, treasury, statutory reporting,
accounts receivable, accounts payable, intercompany reconciliations etc.
Requirements
Qualifications • Ideally CA/ACCA/CPA/CIMA qualified. • Strong real estate
industry knowledge desirable. • 10+ years of post-qualification experience and
5 – 7 years of progressive UAE experience. • GCC VAT and regulatory knowledge
is a must. • In depth knowledge of corporate finance, accounting principles
and best practices. • Solid knowledge of financial forecasting and analysis. •
Excellent organizational and leadership skills. • Outstanding communication
and interpersonal abilities.
About the company
Chestertons is a global real estate services firm with more than 120 offices
in 20 countries, operating across the UK, Europe, Asia Pacific, Caribbean,
Middle East and North Africa. We provide expert advice on the purchase, sale
and leasing of all types of commercial and residential real estate, including
management of property portfolios, valuations and appraisals, as well as
capital market advice to help clients to develop viable strategic
opportunities from their real estate portfolios. Are you interested in
becoming a new member of the Chestertons Global Network? Join our Global
Network and use our brand and expertise to grow your business globally.
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