VP Finance (UAE National)
Mark Williams
UAE, Abu Dhabi,Abu Dhabi
منذ 5 يوم
source : Drjobs.ae

Job Role : VP Finance (UAE National)

We have an exciting opportunity for a UAE National to spearhead a team as the VP of Finance.

  • Responsibilities;
  • Financial reporting :

  • Preparing the financial statements
  • Preparing the consolidation working for all entities in compliance with IFRS (P&L and BS)
  • Ensure that all accounting policies are in compliance with International Financial Reporting Standards
  • Controlling and review the General ledger and trial balance
  • Tax reporting :

  • Ensure VAT reports are submitted to FTA each month
  • Reconcile the VAT output with customer invoices raised during the month
  • Valuation, Investments & Borrowings :

  • Review and analyze the fair valuation of properties including assumptions such as yield & cap rates / market comparisons / recent trends
  • Review and advise on the potential new investments (carefully analyzing rate of return, yield to maturity, pay back period etc)
  • Periodically monitor the investments (return & principal) and advise management accordingly
  • Review, analyze and recommend different borrowing options
  • Month end activities :

  • Ensure all accounting entries are posted timely for all finance modules (AR / AP / Fixed Assets / Treasury) before month end reporting
  • Ensure all due invoices are raised to customers, collections are posted for all customers, all banks are reconciled, payments and accruals are posted
  • Payroll processing make sure to process the payroll timely and arrange necessary funds. Ensure that all relevant accounting entries are posted correctly
  • Review, Analysis and Approvals :

  • Revenue analysis by contract each month and ensure correct revenue is posted for each contract and rental object
  • Review, analyze the costs or agreements and provide financial insights / necessary recommendations
  • Co-ordinate with Key stakeholders, Auditors external / internal / FAA, Bankers, Government authorities etc.
  • ERP Knowledge :

  • Knowledge of SAP is must
  • Requirements;
  • Must be UAE National with family book
  • 8-10 years experience within Finance / Accounting
  • Bachelors degree in Accounting / Finance is preferred
  • Proven leadership skills and experienced
  • Excellent communication skills and able to present information
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