Finance Manager
Posted on :
16-07-2024
Employer Active
1 Vacancy
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Job Description
A Leading Real Estate Development Company
The Role
Reporting directly to the CFO
you will be supporting and assisting CFO for the effective management of all financial tasks including accounting treasury compliance financial reporting tax and development of internal control policies and procedures.
Provide support and coordination in the administrative accounting and budgeting efforts of the company.
Key Responsibilities
Ensuring daily transactions are captured and recorded in the system and assist team in this tasks
Ensures timely closure of books on monthly basis to deliver on time monthly quarterly and annual accounts in compliance with IFRS.
Prepares financial summaries reports analysis costbenefit analysis and/or adhoc financial reports as required by the Senior Management.
Ensures timely issuance of accurate weekly and/or monthly flash / reports.
Prepare organize send timely payment notifications and reminders to buyers based on the payment plans.
Tracking payment defaulters and reporting it to CFO for further action in compliance with sale purchase agreement.
Ensures scrutiny on vendors/contractor s bills and timely payment to all suppliers and supplier accounts reconciliation.
Weekly cash flow forecast related funding needs and available funds.
Develops and maintains working relationships with banks escrow accounts and trustee banks and understands all requirements of escrow account regime to ensure timely settlement of payments.
Ensures entity level legal & tax compliance with corporate/tax laws & rules VAT including VAT legislation / practice / procedures and monthly / annual filings.
Coordinates with external auditors for audit plans and ensures timely delivery of entity level financial reports in consultation with CFO.
Requirements
- Qualified Accountant CPA / CIMA / CA / ACMA or other recognized accounting qualification
- 1012 years of postqualification progressive experience
- Minimum 2 years at a Managerial / Chief Accountant Level
- Experience of residential real estate development
- Strong technical accounting skills including IFRS
- Working knowledge of ERP systems Sales force Financial Force Focus
- Advanced knowledge of Microsoft Office
- Experience of working within a multicultural environment.
- Should have managed a team of at least 4 to 5 accountants
- Should have worked with companies with turnovers more than 5 million OMR yearly
- Should have a corporate exposure and had been in an environment of more than 50 employees.
- Real Estate Industry or Construction related Experience
- Proven track record of success in senior roles.
- Confident driven and dynamic leader.
Qualified Accountant - CPA / CIMA / CA / ACMA or other recognized accounting qualification 10-12 years of post-qualification progressive experience
Employment Type
Full Time
Key Skills
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