vp finance operations in dubai

posted
contact
randstad india
position type
permanent
apply now

job details

posted
location
dubai, uttar pradesh
function
Construction & Property
position type
permanent
reference number
928551
contact
randstad india
apply now

job description

?Planning :

- Assist in formulating the Company's future direction and supporting tactical initiatives

- Monitor and direct the implementation of Strategic business plans

- Develop financial and tax strategies

- Manage the capital request and budgeting processes

- Develop performance measures that support the Company's strategic direction

Implementation and review :

- Participate in key decisions as a member of the Management team

- Assess organizational performance against both the annual budget and Company's long term strategy

- Develop tools and systems to provide critical financial and operational information to Board/Management

- Establish yearly objectives and goals for the Company

- Build systems and procedure to mitigate risks

- Asset liability management

- Oversee long term budgetary planning and cost management in alignment with the organization strategic plan

- Resources planning and mobilization in line with requirements of the Company

- Finalization of Annual Budgets and accounts

- Ensuring compliance with appropriate Accounting Standards, regulatory and statutory requirements

- Maintain internal controls and safeguards

- Manage cash flows and forecasting

- Optimize the handling of Banking relationship

- Oversee budgeting and implementation of budgets so as to monitor progress and present financial metrics both internally and externally

- Monitor the Company's performance in keeping with investments guidelines laid down by the Board/Management

- Represent Company with investment bankers and investors

Benefits
?Damac deals with luxury segment apartments.

Interest free income.

Family accommodation.

International experience.

Client Introduction
?DAMAC Properties has been at the forefront of the Middle East�s luxury real estate market since 2002, delivering luxury residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon and the United Kingdom.

skills

?Financial planning, fund raising, debts, equity, IPO

qualification

?CA with 15 + years of experience in financial planning and control.Fundraising through Debts syndications and to handle merger & acquisition of the organisation.

Building the Annual Operations Plan (AOP) for the Organization & the Various Business Entities.

- Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.

- Participate in developing new business, specifically: assist the CEO / MD in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.

- Ensure adequate controls are installed and that substantiating documentation is approved and available such that all financial transactions may pass independent and governmental audits.

- Monitor and direct the implementation of strategic business plans. Develop financial and tax strategies. Manage the capital request and budgeting processes

- Oversee the company's transaction processing systems. Monitor all open legal issues involving the company, and legal issues affecting the industry

- Report risk issues to the audit committee of the board of directors

- Maintain relations with external auditors and investigate their findings and recommendations, monitor cash balances and cash forecasts, arrange for debt and equity financing

- Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.

- Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs.

- Ensure adequate cash flow to meet the organization's needs.

- Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.

- Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.

- Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.

- Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place. Oversee business insurance plans and health care coverage analysis.

- Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.

- Managing entire factory accounting along with product costing

- Knowledge and ability to manage multi country accounting practices and complying to same

- Knowledge of managing treasury activities

- Good understanding of Forex Management & hedging