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Dubai Holding

Manager/Senior Manager - Record to Report (R2R) - Financial Reporting - Dubai Holding Group Services

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  • Posted 27 days ago
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Job Description

About Dubai Holding Group Services:

Group Services is Dubai Holding's shared business services arm that provides consolidated business solutions in procurement, finance and human capital across the Group. With a commitment to talent, digital innovation and continuous improvement, it delivers best-in-class service, enhancing the Group's overall performance. Group Services is dedicated to transforming operations, elevating service quality and cultivating specialized teams focused on excellence and innovation

Group Services comprises of:

Group Services Procurement delivers end-to-end value through strategic sourcing, supplier management, and contracting. Enabled by advanced technology, streamlined processes, strong governance, and data-driven insights, it ensures responsible sourcing, cost efficiency, and operational excellence.

Group Services Finance manages financial transactions, budgeting, and reporting to ensure strong fiscal health and cash flow. It empowers informed decision-making through insights that drive sustainable growth and profitability.

Group Services Human Capital manages the full employee lifecycle, ensuring a smooth journey from recruitment to offboarding while fostering a culture that values and supports peoplethe Group's greatest asset.

Empowering talent for the future: Group Services greatest strength lies in its people; their collective capabilities serve as the driving force of the company. Dedicated to creating a vibrant talent hub where challenging the norm leads to innovation, collaboration fuels creativity and caring for people and partners cultivates strong relationships, Group Services aims to build a foundation for sustained success. As a business that views success as a shared journey and celebrates every achievement along the way, Group Services offers the opportunity to grow, develop skills and make a meaningful impact.

Dubai Holding Group Services (DHGS) proudly supports a diverse portfolio of companies:

Dubai Holding Real Estate

Dubai Holding Entertainment

Dubai Holding Community Management

Dubai Holding Land Estates

Dubai Holding Hospitality

Dubai Holding Investments

Dubai Holding Asset Management

About the role:

The Manager R2R oversees the financial reporting, management reporting and regulatory reporting processes. This role is further responsible for process efficiency, reporting accuracy, and cross-functional collaboration. The role will also support the Associate Director Record to Report in enabling value creation within the DHGS Finance sub-function through continuous improvement and optimisation of existing processes. The role will lead own team to foster customer centricity and service excellence, aligned to DHGS shared vision.

Key Responsibilities include:

Strategic Planning & Financial Governance

  • Support the financial reporting strategy, aligning with corporate financial goals
  • Ensure compliance with IFRS, US GAAP, and local regulatory standards
  • Support the lead on financial risk management initiatives, mitigating process risks
  • Guide internal team to ensure adherence to processes, guidelines, and protocols for reporting activities in line with set standards & protocols delivering on agreed SLAs
  • Track relevant key performance indicators, identify operational gaps in meeting team goals and guide internal teams to help achieve it
  • Guide internal teams and support execution of special projects and initiatives to ensure continuous value addition by DHGS Finance in line with business goals

Financial Reporting & Analysis

  • Lead the preparation and review of monthly, quarterly, and annual financial reports, ensuring accuracy and compliance with financial regulations and policies
  • Oversee the preparation of financial statements and management reports that provide insights into the company's financial performance
  • Ensure alignment of reporting processes with business goals and regulatory requirements
  • Manage the consolidation process for multi-entity organizations
  • Review and approve financial statement footnotes and disclosures

Management Reporting

  • Develop and maintain a suite of management reports and dashboards
  • Analyse financial results and provide insights to senior management
  • Prepare variance analysis reports comparing actual results to budget and forecast
  • Collaborate with FP&A team to align financial reporting with planning and analysis

Regulatory Reporting

  • Oversee the preparation of reports for regulatory bodies (e.g., SEC filings for public companies)
  • Ensure compliance with reporting requirements and deadlines
  • Stay updated on changes in reporting standards and implement necessary changes
  • Liaise with external auditors during the audit process

Stakeholder Management

  • Collaborate with other GS Finance teams to ensure the financial data is accurate and up to date
  • Serve as the primary escalation point for critical issues, ensuring swift resolution through coordination with IT and other key stakeholders
  • Manage a team of Assistant Managers, Senior Associates, and Associates in reporting
  • Develop strong working relationships with internal stakeholders, including finance, internal audit, and business operations, to ensure smooth reporting
  • Provide regular updates and escalate issues to senior management in a timely manner

Internal Controls & Compliance

  • Ensure reporting processes comply with GAAP/IFRS and internal policies
  • Participate in SOX compliance activities for public companies
  • Implement and maintain internal controls related to financial reporting
  • Ensure adherence to internal controls and compliance procedures, identifying areas for improvement and driving corrective actions
  • Monitor adherence to the risk assessment framework and checklists across all operations, systems, and processes; review risk assessment outcomes and identify relevant internal controls to close vulnerabilities

Process Improvement & Reporting

  • Identify and implement improvements to reporting processes, including the adoption of automation tools and reporting systems
  • Develop and implement best practices that enhance accuracy and reduce time spent on manual processes
  • Align R2R processes across subsidiaries while maintaining flexibility
  • Regularly assess the efficiency of reporting workflows and drive initiatives to reduce cycle time and enhance reporting accuracy
  • Identify and recommend opportunities for cost reduction and efficiency improvement within existing processes
  • Collaborate with internal and external stakeholders to ensure effective implementation of process improvements

Qualifications, Skills & Experience:

  • Bachelor's degree in Accounting or Finance
  • Professional certifications (CA, CPA, ACCA) highly preferred
  • 7+ years of experience in financial reporting, general ledger, and financial close processes
  • Previous Big 4 experience is highly preferred with exposure to industries such as real estate, construction, asset management, investment, hospitality, entertainment,
  • Strong expertise in financial controls, compliance, and governance frameworks
  • Proven track record in stakeholder management and service excellence
  • Strong leadership and relationship management skills with a customer focused approach
  • Ability to manage multiple priorities in a fast-paced environment
  • Strong understanding of finance function and processes
  • Experience working in a finance shared services set up is preferred
  • Experience working in the Middle East region is preferred
  • Experience in ERP systems such as SAP, Oracle Fusion, Workday
  • Experience in tools and technologies such as ARCS, BlackLine, RPA and AI-driven analytics etc.
  • Strong knowledge of GAAP/IFRS and financial reporting requirements

About the 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 Classification: Internal 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.

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About Company

Job ID: 144026105