Finance Manager- Accounts Receivable - Dubai Holding Land Estates

Description

The Manager – Accounts Receivable is responsible for overseeing the company’s receivables function to ensure timely collection of outstanding invoices, accurate recording of transactions, strong credit control, and effective customer relationship management. This role ensures optimal cash flow, reduces financial risk, and supports the overall financial health of the organization.

• Implement operational efficiencies and control measures by ensuring high-quality invoicing and collection procedures that comply with the law by staying updated on industry and legislative changes
• Lead the processing of invoices, timely collection of payments, month-end and year-end closing, ensuring all billings and journals are posted by working closely with internal stakeholders and external stakeholders on billing matters.
• Review balance sheet schedules for AR operations and reconcile cash collections from AR to GL, prepare aging reports, provisions and debtors aging analysis and ensure that the differences with salesforce are mapped to provide ageing report to collections team.
• Lead the financial year-end and ad hoc audit activities by contributing information towards strategic planning and reviews, as well as implementing quality productivity to ensure that Internal and external audit requirements and customer-service standards are met.
• Put a process in place to ensure verification of internal and external broker commissions, Revenue recognition and its revisions, ensuring compliance with industry standards and regulatory guidelines.
• Scrutinize all AR balances as they appear in GL and that monthly schedules, reconciliation statements are prepared to ensure all outstanding items have been cleared timely to effectively close monthly AR books.
• Develop and maintain transparent reporting of issues, communication of actions taken and elevation where appropriate to ensure stakeholders are informed and updated on relevant issues and resolutions.
• Develop, implement and monitor Service Level Agreements (SLAs) for AR transaction processing activities for efficient and effective financial operations.
• Follow up on the non-sales corporate billings to DH verticals and external parties.
• Oversee the preparation of monthly management dashboards, statistical reporting and submissions, Ad-hoc forecasting, Financial and AML treasury reports and RERA escrow audits for all BTS projects on monthly, quarterly and/or annually as required to support decision-making and maintaining compliance with regulatory requirements.

Requirements

• Thorough understanding of IFRS and accounting
• Understanding of the RERA TAS and Escrow payment mechanisms
• Professional Accounting Qualification (Chartered Accountant, ACCA, CPA etc.)
• Familiarity with best practices related to procure pay, bill to collect and project accounting
• 4-6 years’ experience with at least 2 years’ experience in a senior role in Accounts Payable & Receivable function in Oracle Financials or similar ERP System
• Attention to detail and able to work in a non-structured environment.
• Strong IFRS Knowledge, VAT Compliance, hands-on accounting and accounts payable & Receivable experience in related industry (Real Estate or Construction).
• Working knowledge of ERPs and Accounting systems (knowledge of oracle, sales force and Yardi is preferred)
• Strong team orientation, exceptional work ethic.
• Ability to work in fast-paced environment with multiple deadlines.
• Ability to summarize and present data in concise and accurate manner
• Bachelor’s degree in finance/ Accounts; Master’s degree preferred

Benefits

At Dubai Holding, we're committed to nurturing the success and well-being of our colleagues. Join our dynamic and diverse team, and enjoy a comprehensive benefits package that includes competitive compensation, career development opportunities, and a collaborative work environment. We strongly believe in creating an empowered workforce that will help us build a connected city for tomorrow. We are committed to attracting the brightest minds and nurturing the most pioneering candidates who desire to make a great impact on the future of Dubai.

Dubai Holding Land Estates oversees a diverse land portfolio strategically located across Dubai’s most sought-after areas. With convenient access to major highways, nearby amenities, and flexible land use options, investors are presented with unique opportunities for development and growth.

Training + Development

Interview process

Visa Sponsorship

Security clearance