Senior Accountant

Roles and responsibilities

• Assist in DCM’s Master Communities and Owner Associations (MC/OA) annual budgeting process that includes budget development and monitoring, in order to ensure that capital and operating budgets are developed and approved in line with DCM’s and RERA’s standards and requirements, and that any variances are identified and reported.
• Assist in obtaining and analyzing the budget received from the various departments / units to critically examine accuracy, completeness and reliability of the information received and prepare a consolidated budget version for management approval.
• Monitor expenditure against approved budgets periodically and reconcile / monitor budget variances to ensure on-target performance against budgets and share the report with the Head of Finance for approval before circulating to the respective departments / business units.
• Conduct assessment of budget impact for any changes in plan as required and inform the senior management of such impact.
• Review, approve, and track purchase requisitions relating to all JOPs and MCs to ensure that they are according to the budget and coordinate with site teams for relevant amendments and PR approval when necessary to not exceed the approved budget.

Support with Invoicing and Passing Entries

• Raise monthly chiller and electricity invoices for 2 communities (JBR and VT).
• Liaise with operations team for manual invoicing of storage, parking, access card etc.
• Pass journal entries to ensure that all day-to-day transactions of business are recorded and maintained and assist in passing transfer of ownership upon the verification of the required documents.
• Pass entries and perform monthly reconciliation for late fee waivers and customer resolution requests raised by Debt collection team.
• Co-ordinate with operations team for manual invoicing of storage, parking, access card etc.

Support with Mollak

• Coordinate with the team to verify and upload owner’s data on Mollak to ensure that proper budgets are uploaded into the online service system.
• Assist in the internal invoicing processes for bulk utility and service charge invoicing, including accuracy checking and identifying missing or incorrect invoices.

Reporting

• Contribute to the preparation of the Management reports (Revenue by Entity, Budget V/s Actual Analysis, etc.) in coordination with DCM internal departments, external auditors, third party vendors, government authorities and all the stakeholders of the master community.

Customer Queries Resolution

• Resolve customer queries and issue customer receipts in the system as per the SLA.

Continual Improvement

• Suggest ideas on cost control and cost efficiency measures based on daily operational diagnosis and historical trends, in coordination with FM teams.
• Stay abreast of current and new financial technologies, tools and techniques that can be used within DCM to improve planning, monitoring, reporting and control.

Desired candidate profile

The ideal candidate for this position will have the following experience and qualifications:

• UAE National
• Bachelors’ degree in Accounting or Finance, CA, CPA, CMA or equivalent is required.
• Minimum of 4 years of experience in related field
• Charted Accountant with experience working with RERA and Mollak preferred
• Experience of Master Community service charge modeling and financial management.
• Strong knowledge across all financial aspects – budgeting, forecasting, planning, accounting, reporting etc.
• Excellent analytical skills that allow for interpretation of budgetary, financial, and related management information.
• Excellent writing skills sufficient to draft professional reports and correspondence that is clear and concise.
• Excellent interpersonal skills to work cooperatively with persons at all levels in the organization.
• Solid track record of producing highly accurate and timely analysis.
• Sound knowledge of Hyperion, Excel for Apps etc.
• Advanced critical thinking skills.
• Strong attention to detail, with ability to manage multiple projects and deadlines.
• Excellent written and oral English communication skills. Arabic would be an added advantage.