Manager

Responsibilities:

• Preparation of the financial closing and reporting plan, in accordance with the overall business plan of DPR Group and get the same approved by executive management, audit and risk committee and external auditors;
• Preparation of the monthly, quarterly and annual consolidated financial statements of Dubai Parks & Resorts PJSC (DPR) and subsidiaries of DPR Group.
• Maintain the institution's systems of accounts as per generally accepted accounting principles and report financial information as per IFRS, local laws and regulations as appropriate
• Ensure that the accounting, reporting and financial statements submitted for audit are in accordance with International Financial Reporting Standards (IFRS);
• Coordination and providing all required documents including liaison with other departments to satisfy internal and external audit requirements including queries raised by Diwan Auditors
• Supervise and control general ledger activity by ensuring that the accounting reflects all business activity of the company and appropriately reported to ensure completeness, accuracy, validity & proper disclosure
• Assist in development of detailed procedures to support implementation of approved financial and other related institution policy & procedures to enhance financial controls
• Ensure systems of accounts are set up and functioning efficiently to record financial transactions accurately and reporting reflects all business activity of the company accurately.
• Ensure appropriate controls are exercised over accounting and reporting and, timely improvements by conducting internal reviews and liaising with external and internal auditors
• Ensure that all financial data required for government local regulations and commercial law is captured through the GL through implementation of appropriate systems, accounting structure and control of the General Ledger
• Analyze new accounting and reporting pronouncements/developments and their potential application to DPR Eg: IFRS Revisions
• Supervise implementation of defined policy and procedures for effective financial controls in fixed assets custody, use, recording, periodical physical verification and reconciling with book records. Report discrepancy and support follow through for resolution as per approved policy and procedures.
• Ensure completeness, accuracy and documentation of all fixed assets and that depreciation is provided in line with accounting policy.
• Ensure authorization and approval procedures have been adhered to in acquiring fixed assets and that control is maintained over the fixed assets of DPR Group.
• Manage the system to capture and monitor commitments for project expenses and acquisition of assets
• Review and approve financial transactions in accordance with the limits outlined in the approved Delegation of Authority Manual.
• Assist in special tasks assigned by the executive management like review of agreements in relation to finance department involvement, analysis of PP&E, assets, liabilities, revenue, payroll and expenses, review reports and feasibility, advising on specific accounting treatments in accordance with IFRS etc.