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Assistant Finance Manager

Location: Dubai
Salary: AED 22,000 - 25,000
Job Code: 318/001/133
Industry: Real Estate

Job Brief:
We are seeking an Assistant Finance Manager to support the financial operations of a real estate portfolio, including property management and holiday homes operations. The role requires hands-on financial reporting, cash flow management, budgeting, internal control oversight, and team supervision. The ideal candidate must have strong experience within the UAE real estate sector and a solid understanding of related financial regulations and processes.

Job Responsibilities:
Financial Reporting & Accounting
  • Prepare monthly, quarterly, and annual financial statements in accordance with IFRS and local regulations.
  • Oversee general ledger, accounts payable, accounts receivable, and payroll activities.
  • Ensure accuracy and integrity of financial data and reporting.
  • Manage and reconcile inter-company transactions.
Budgeting & Forecasting
  • Lead preparation of annual budgets and periodic financial forecasts.
  • Analyze variances between actual and budgeted results, providing corrective recommendations.
  • Assist management in long-term financial planning and strategic decision-making.
Internal Controls & Compliance
  • Implement and monitor internal controls to safeguard company assets and reduce risks.
  • Ensure compliance with UAE VAT, corporate governance standards, and audit requirements.
  • Coordinate and liaise with external auditors and support annual audit processes.
Cash Flow & Treasury Management
  • Monitor and manage daily cash flow to optimize working capital.
  • Approve payments and oversee treasury and banking activities in alignment with company policies.
  • Ensure effective liquidity and fund management practices.
Team Leadership & Development
  • Supervise and mentor finance staff, providing training and performance guidance.
  • Ensure proper delegation of tasks and maintain succession readiness within the finance team.
Financial Analysis & Decision Support
  • Analyze the financial performance of property management and holiday homes operations.
  • Provide insights and recommendations to management for investment and operational decisions.
  • Perform cost-benefit analyses for major capital expenditures and improvement projects.
Job Requirements:
  • Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
  • Professional certification (CMA, CPA, ACCA, or ACT) preferred.
  • Minimum 5 years’ experience in finance or treasury within a UAE-based real estate/property management organization.
  • Proven experience in cash flow management, financial reporting, and banking operations.
  • Strong working knowledge of ERP systems (Yardi preferred).
  • Proficiency in MS Office, including advanced Excel skills.
  • Strong knowledge of Dubai tenancy laws, RERA regulations, leasing processes, and Ejari procedures.
  • Ability to work independently as well as collaboratively in a structured control environment.
  • Strong analytical, communication, and leadership skills.

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