Location: Abu Dhabi
Job Type:
Permanent
Closing Date:
2025-06-08
About vacancy
mselect is looking to hire an Associate Director – Finance for a Facilities Management company in Abu Dhabi, UAE. Candidates must have a minimum of 10 years of professional experience with at least 3 years in a similar capacity, preferably within the Real Estate industry. Fluency in English is a must.
Job Purpose
Direct and manage the finance functions to ensure they operate in line with corporate standards and are focused on supporting the achievement of corporate objectives.
Key Responsibilities
Strategy Development and Implementation:
Together with the HR function, define an optimum organisation structure and direct the development of the finance structures so that resources are optimally utilised, and communication can efficiently take place.
Budgeting & Financial Performance:
Oversee the consolidation, recommend the department budget, and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are capitalised upon.
Partnership Management:
Establish strategic relationships with key internal and external stakeholders to ensure the effective capturing of business needs and delivery of customer-centric services through strong relationship management that is coupled with in depth technical expertise and support.
Finance Operations Management:
Develop and lead the implementation of departmental policies, systems, processes, procedures and controls covering all areas of the assigned department so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service consistently.
Change Management:
Lead the management of change through continuous improvement of departmental systems, processes and practices, considering global standards and changes in the business environment which demand proactive action plans.
Reporting:
Frameworks, Boundaries & Decision-Making Authority
Requirements
*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
Job Purpose
Direct and manage the finance functions to ensure they operate in line with corporate standards and are focused on supporting the achievement of corporate objectives.
Key Responsibilities
Strategy Development and Implementation:
- Develop and direct the implementation of the department strategy, ensuring alignment to functional strategy, client’s vision, mission and corporate objectives
- Ensure that department strategy and related strategic plans are developed and implemented, which are aligned with the vision and mission of client
- Ensure the provision of subject matter expertise for the assigned domain and provide counsel to leadership on all related areas to facilitate the achievement of client’s strategy and departmental strategies
- Manage the effective achievement of department objectives through effective leadership and by setting individual objectives, managing performance, developing and motivating the team to maximise performance
- Lead the talent development initiatives for the assigned department, collaborating with functional experts and thereby ensuring the availability of talent to fit business requirements
Together with the HR function, define an optimum organisation structure and direct the development of the finance structures so that resources are optimally utilised, and communication can efficiently take place.
Budgeting & Financial Performance:
Oversee the consolidation, recommend the department budget, and monitor financial performance versus the budget so that the business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, and potential areas of cost reduction or performance improvement opportunities are capitalised upon.
Partnership Management:
Establish strategic relationships with key internal and external stakeholders to ensure the effective capturing of business needs and delivery of customer-centric services through strong relationship management that is coupled with in depth technical expertise and support.
Finance Operations Management:
- Maintain and manage a comprehensive accounting system that would be able to produce timely and relevant financial information to stakeholders
- Optimise working capital through proper management of cash, accounts receivable and accounts payable
- Develop and manage the annual planning and budgeting process to finalise a board of directors-approved plan and budget
- Monitor progress of performance vs budget, analyse and report variances for management decisions and follow up
- Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems
- Ensure that the company’s financial resources (cash and bank balances) are monitored, and manage surpluses and deficits efficiently
- Responsible for ensuring all financial transactions are correctly accounted for to provide credible assurance that accounting records reflect financial transactions and positions in accordance with accounting policies, guidelines and IFRS standards
- Responsible for ensuring adherence to Tax and VAT laws, regulatory guidance and reporting timelines so that will be in full compliance with its obligations towards public authorities
- Direct and facilitate the coordination with relevant internal and external parties (Banks and Clients) within to ensure a healthy integration of Finance SAP across the organisation
- Direct and monitor the financial build of SAP Finance within the environment, ensuring the development and implementation of the end-to-end finance value chain across processes
Develop and lead the implementation of departmental policies, systems, processes, procedures and controls covering all areas of the assigned department so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service consistently.
Change Management:
Lead the management of change through continuous improvement of departmental systems, processes and practices, considering global standards and changes in the business environment which demand proactive action plans.
Reporting:
- Ensure that all departmental reports are prepared timely and accurate manner and meet requirements, policies and quality standards
- Provide all required financial reports that are timely and relevant to various stakeholders (Board of Directors, Executive Management team, Shareholders, Internal & External Audit and external regulatory authorities)
Frameworks, Boundaries & Decision-Making Authority
- Function within the framework and boundaries of policies, as well as the overall organisational and governance frameworks
- Accountable for the management of the Finance Department within the boundaries decided by the overall strategic plan and approved budgets
- Authorised to make decisions as per the approved authorisation matrix
Requirements
- Bachelor’s Degree in Finance or any related field
- Master’s degree and/or professional postgraduate certificates (preferred)
- 10+ years of professional experience with at least 3 years in a similar capacity, preferably within the Real Estate industry
*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
