Assistant Manager Finance

Job Title: 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 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 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 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.
• Hands-on experience with banking operations and treasury management.
• Ability to perform variance analysis and provide corrective recommendations.
• Experience in budgeting and long-term financial planning for property management operations.
• Knowledge of internal controls and risk management within a real estate context.
• Familiarity with investment and operational decision support, including cost-benefit analysis for capital expenditures.