Wednesday, 12 February 2014

Senior Finance Executive Job Vacancy in Dubai

Job Title:    Senior Finance Executive
Job Ref.:    PFI015
Job Location:    Dubai, U.A.E.
Employer:    Emaar Properties
Department:    Finance

About Us
Emaar Properties PJSC, a Dubai-based Public Joint Stock Company listed on the Dubai Financial Market, is a global property developer and provider of premier lifestyles. Emaar has been shaping landscapes and lives in the Emirate since the company’s inception in 1997. The company specializes in creating value-added, master-planned communities that meet the full spectrum of lifestyle needs. A highlight of Emaar’s approach to developing integrated lifestyle destinations is Downtown Dubai, the 500-acre mega-project, home of Burj Khalifa, The Dubai Mall and The Dubai Fountain. Emaar is extending its expertise in developing master-planned communities internationally, and today, has a significant presence in several key global markets with established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, USA, Italy and Canada. Emaar has made extensive forays in the hospitality & retail sector with the current portfolio encompassing The Address Hotels + Resorts, and Armani Hotels & Resorts, among others. In addition to the several community malls, Emaar Malls Group’s flagship shopping mall development, The Dubai Mall, has become the world’s largest shopping and entertainment destination, hosting 64 million visitors in 2012. Emaar’s focused expansion and diversification strategy sees it firmly positioned to take global centre-stage as a multinational business group in the years to come.
Lifestyle Development, Hospitality, Hotels & Resorts, Property Development, Retail, Malls, Commercial Leasing

Job Description:
The senior finance executive is responsible for handling communities invoicing for service fee, collections, handling customer queries, preparing financials and MIS reports.
The senior finance executive reports directly to the supervisor / Assistant Manager.
The senior finance executive may have indirect reports.
The senior finance executive will interact internally with departments like Emaar community management, facility management, MIS, credit control & customer care and also externally with owners, owners association and utilities & service providers.

Job Requirements:

  • Semi qualified CA/CPA/ICWAI/CMA with 5 years experience.
  • Good Excel skills and exposure to Oracle system, MS Word, Power Point and Proficient in MS Excel.
  • Commerce graduate / post graduate with minimum of 5 years experience
  • Good communication and presentation skills.
  • Excellent inter-personal skills
  • Strong analytical mindset.
  • Self-Motivated
  • Ability to work under pressure

Job Responsibilities:
Accounts Receivables - Community service fee / CWC/ DEWA Invoicing
  •     Check and Review the data base for the invoices in system
  •     Dispatching invoices through various modes – post, email & fax

Accounts Payables
  •     Accounting for invoices
  •     Review of payment vouchers & documents
  •     Preparation of cheque and releasing to vendors
  •     Vendor account management
  •     Review of Purchase Orders and validity of the Contracts
  •     Estimation of accruals

Collections from delinquent customers and payment follow ups
  •     Making follow-up calls
  •     Sending reminder letters.
  •     Sending legal notices and liaising with legal team.
  •     Co-ordinating with the debt collection agency.
  •     Resolving customer queries / grievances.
  •     Co-ordinating with site team/community co-ordinators for onsite collections actions.

  •     Making presentation to the IB’s
  •     Evaluation and preparation of annual community budgets

MIS & Reporting
  •     Monthly, quarterly & annual variance analysis and reporting
  •     Collections, overdue ageing reports
  •     Cash flow statements and cash burning ratios
  •     Utility consumption analysis
  •     Expense Analysis
  •     Preparation of management reports and executing adhoc reports and requirements.

Handling customer queries
  •     Responding to customer emails / grievances
  •     Review LPF waiver requests
  •     Payment re-scheduling

  •     Ensuring annual audit are done on time
  •     Handling auditors and co-ordinating for their queries

Preparation of Community Financials
  •     Monthly financials preparation and reporting to management and IB
Presentation to the Owners Association
  •     Making presentation to OA on financials, budgets, variances, cash flows

Deadline Date: 28/02/2014