Senior Leadership Role in Finance General Finance Residences Emaar UAE

  • Full time
  • UAE
  • Posted 3 weeks ago
  • 15000-30000 AED / Month

Senior Leadership role in Finance at General Finance -Residences at Emaar involves overseeing and managing the financial activities within a cluster of hotels or properties, with a specific focus on the Record to Report (RTR) process. The specific responsibilities can vary based on the organization’s structure, industry, and the complexity of its financial operations. The function involves managing and overseeing the record-to-report (RTR) process within a cluster of hotels or properties. The RTR function encompasses various activities related to recording financial transactions, maintaining financial records, and producing financial reports. These functions collectively contribute to the effective and efficient management of financial operations within the designated cluster, with a specific focus on the Record to Report process. This plays a pivotal role in ensuring financial integrity, compliance, and strategic support for the cluster’s business activities.

Responsibilities of Senior Leadership Role in Finance

  • The precision and accuracy of financial reports, including monthly, quarterly and annual statements.
  • Accuracy is crucial for decision-making and compliance.
  • The ability to adhere to reporting deadlines and produce financial reports in a timely manner.
  • Timeliness is essential for providing timely insights to leadership.
  • Adherence to financial governance policies, accounting standards and regulatory requirements.
  • Compliance with internal controls and external regulations is a key measure.
  • The efficiency and effectiveness of the Record to Report process. This includes evaluating how well financial transactions are recorded, reconciliations are performed and financial statements are generated.
  • The accuracy and completeness of the general ledger. This involves ensuring that all financial transactions are properly recorded and classified.
  • The ability to identify and mitigate financial risks within the cluster. This could involve assessing the effectiveness of risk management strategies.
  • Performance during internal and external audits. This includes the ability to prepare for audits, address audit findings, and ensure a clean audit report.

Requirements for Senior Leadership Role in Finance

  • A bachelor’s degree in finance, accounting, business administration, or a related field is typically required. Many organizations prefer candidates with advanced degrees such as a Master of Business Administration (MBA) or a master’s in finance.
  • Possession of relevant professional certifications is a plus. Common certifications include Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or similar qualifications.
  • Certifications specific to the finance or accounting field, such as Certified Management Accountant (CMA) or certifications related to financial systems and technology, may be advantageous.
  • 2+ years experience in leadership roles within finance, including roles with increasing levels of responsibility.
  • In-depth expertise in the Record to Report process, including experience overseeing financial reporting, general ledger management, reconciliations, and compliance activities.
  • Experience in the hospitality industry is often preferred, especially if the role involves overseeing financial operations within a cluster of hotels or properties.
  • Experience in identifying opportunities for process optimization and efficiency improvements within the Record to Report cycle.
  • Previous experience in a Director of Finance or similar leadership role.

Skills And Knowledge Desired

  • Agility & Resilience.
  • Problem solving & Creative thinking.
  • Driving Business performance.
  • Change management.
  • Leadership & People management.
  • Emotional Intelligence.
  • Negotiation & Persuasion.
  • Stakeholder Management.

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