Job vacancy Reporting and Consolidation Manager

Our client is a leading real estate management company in the region, playing a prominent role in the UAE's property sector. With a team of over 5,000 professionals, they offer a broad range of services and manage a vast portfolio, including residential units, extensive retail and commercial spaces. They also hold facilities management contracts and utilize innovative solutions to enhance property value throughout its lifecycle.

• Financial Reporting Leader: Oversee the accurate and compliant preparation and presentation of financial reports, ensuring adherence to accounting standards.
• Consolidation Expert: Manage the consolidation of financial statements from various entities within the organization.
• Compliance Enforcer: Ensure adherence to regulatory requirements and maintain strong internal controls.
• Analytical Advisor: Provide insights and analysis to support strategic decision-making.
• Team Leader: Guide and develop a team of financial professionals, fostering a culture of excellence and continuous improvement.
• Financial Reporting: Prepare and review financial statements on a monthly, quarterly, and annual basis, ensuring accuracy and compliance with standards like GAAP or IFRS. Develop and standardize reporting templates.
• Consolidation: Oversee the consolidation of financial statements for multiple subsidiaries, managing inter-company transactions and coordinating with subsidiary finance teams.
• Compliance and Internal Controls: Ensure compliance with laws, regulations, and standards, and maintain internal control policies to safeguard assets and ensure the integrity of financial reporting.
• Financial Analysis: Conduct variance analysis to identify discrepancies and provide insights into financial trends. Support budgeting and forecasting processes with historical data and analysis.
• Stakeholder Communication: Prepare and present financial reports to executives and stakeholders, liaise with external auditors, and respond to financial information requests.
• Process Improvement: Identify and implement improvements to streamline and automate reporting and consolidation processes, and lead financial system upgrades.
• Team Leadership and Development: Mentor and develop the reporting and consolidation team, conduct performance evaluations, and organize training programs.
• Daily and Weekly Tasks: Manage daily reporting and consolidation activities, review journal entries and reconciliations, and ensure accurate posting of financial data.
• Monthly and Quarterly Tasks: Coordinate month-end and quarter-end processes, prepare consolidated financial statements, and analyze financial results.
• Annual Tasks: Lead the preparation of annual financial statements, coordinate year-end audits, ensure regulatory compliance, and support annual budgeting and financial planning.
• Ad Hoc Tasks: Provide financial analysis for special projects and strategic initiatives, assist with new accounting standards, and conduct due diligence for acquisitions.
• Primary Responsibilities: Assist with preparing consolidated financial statements, managing audits, resolving internal audit queries, and performing risk checks in accounting. Support mergers and acquisitions, group reporting, and transformation projects.
• Occupational and Workplace Health and Safety Responsibilities: Adhere to health, safety, and environmental policies and ensure compliance with updates and practices.
• Information Security Responsibilities: Comply with information security policies, complete security awareness training, and ensure the protection and confidentiality of sensitive information.

Experience and Skills:

A minimum of 8 years in a related field is required, with prior experience at a Big Four firm being preferred.

Technical Skills:

• Accounting Standards: Extensive knowledge of accounting principles and standards, such as GAAP and IFRS, or other relevant frameworks.
• Financial Reporting and Consolidation: Expertise in preparing and consolidating financial statements, along with familiarity with financial reporting software and consolidation tools.
• Financial Analysis: Strong analytical skills to interpret financial data, with experience in financial modeling and variance analysis.
• Software Proficiency: Skilled in accounting software (e.g., SAP, Oracle, QuickBooks) and advanced Microsoft Excel. Experience with ERP systems and financial reporting software is also required.

Soft Skills:

• Leadership and Team Management: Proven leadership abilities with experience in mentoring and developing teams, and excellent interpersonal skills for team management and motivation.
• Communication: Exceptional written and verbal communication skills, with the ability to clearly present complex financial information to stakeholders.
• Attention to Detail: High level of precision and attention to detail in financial reporting and consolidation.
• Problem-Solving: Strong problem-solving skills to address and resolve financial reporting issues, with a knack for identifying and implementing process improvements.
• Organizational Skills: Effective organizational skills for managing multiple tasks and deadlines, with the ability to work under pressure and meet tight deadlines.
• Ethical Standards: Strong commitment to ethical standards and integrity, ensuring financial accuracy and compliance.