Assistant Finance Manager

Job Title Assistant Finance Manager The role The purpose of this role is to cater to the routine financial matters of a Jointly Owned Property JOP Owners Association OA Body Corporate BC in compliance with the prevailing laws that govern the JOP RERA DIFC ADREC ADGM and as per international financial practices of reporting and recording financials Location United Arab Emirates Reporting to Director - Operations Experience A minimum of five 3 years experience in senior supervisory managerial role managing annual financial calendar of financial activities of an Owners Association or a Jointly Owned Property in the RERA or DIFC jurisdiction in Dubai United Arab Emirates Hands-on experience in dealing with OA Boards Owners Committees BC Management Committees and compiling annual financial statements to IFRS standards for the purpose of the Annual Financial Audits Note For the context of this document all references to JOP mean JOP OA BC as may be applicable Main responsibilities 1 Financial Management - Timely planning invoicing collection accurate accounting reconciliation and reporting of Service Charges and other financial aspects - Manage and monitor financial transactions for JOP - Ensure compliance with JOP requirements - Prepare financial statements and reports to IFRS standards and assist with external audits 2 Compliance and Regulations - Stay updated on relevant regulations including RERA DIFC Dubai International Financial Centre requirements and such requirements in other emirates - Ensure that all financial practices comply with the Jointly Owned Property Law local regulations and other international standards - Provide comprehensive documentation and financial models for budget and audit reviews 3 Governance Control Operational Oversight - Define and implement finance relate policies and controls to ensure accuracy and compliance - Assist in the overall management of the community s financial operations - Support the JOP Manager in strategic planning and financial forecasting - Ensure that the JOP has sound financial standing with regards to cash flows reserve funding and delinquency management 4 Stakeholder Management - Liaise with JOP Board Members owners and service providers to manage relationships and ensure smooth operations - Prepare and attend any meetings with the JOP Boards answering their queries to their best satisfaction and clarity 5 Team Collaboration - Work closely with other finance team members and departments to ensure timely and accurate financial reporting Key Skills and Qualifications - Bachelor s degree in finance accounting from a reputed university - A strong background in finance accounting or a related field - Knowledge of all applicable UAE regulations - Experience in Property Management or Owners Associations - Proficiency in financial software and tools Relevant Regulations - RERA The Real Estate Regulatory Agency governs real estate transactions and property management in Dubai ensuring transparency and fairness in the market - DIFC The Dubai International Financial Centre provides a legal and regulatory framework for financial services firms and it is important for finance professionals to be aware of compliance requirements related to financial transactions - ADREC The Abu Dhabi Real Estate Centre ADREC was formed to govern real estate transactions and property management in Abu Dhabi This function was earlier undertaken by Abu Dhabi Municipality ADM - ADGM Abu Dhabi Global Markets has jurisdiction as a regulator of Real Estate services and JOP s on Al Reem and Al Maryah islands Employee Name Employee Signature Date Employer Line Manager Name Employer Signature Date Job Type Full-time Pay 1 00 per month