Manager Assets Management and GL (UAE National)
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Key skills for this role
About the Role
Position Title: Manager – Fixed Assets & GL Reports to: Head of Financial Operations Department: Finance 2.
Key Skills for This Role
Full Job Posting
Manager – Fixed Assets & GL
Reports to:
2. POSITION SUMMARY
Responsible for managing fixed assets and General Ledger (GL) activities to ensure accurate accounting, compliance with IFRS, and integrity of financial data, while supporting financial reporting, controls, and process improvements.
Number Of Staff Supervised
- **Direct Reports:**
Tbc
- **Total Reports:**
Key Accountabilities
- Manage the recording, tracking, and accounting of fixed assets including acquisitions, disposals, transfers, and depreciation in compliance with IFRS and company policies.
- Oversee asset capitalization processes ensuring proper documentation, accuracy, and adherence to financial policies.
- Lead the calculation and posting of depreciation to ensure completeness and timeliness of financial records.
- Manage General Ledger activities including journal entries, reconciliations, and ledger integrity to ensure accurate financial reporting.
- Oversee month-end and year-end closing processes ensuring all entries and reconciliations are completed accurately and within deadlines.
- Support the preparation of financial statements by ensuring accurate reporting of fixed assets and GL balances.
- Implement and maintain effective internal controls to safeguard financial data and ensure compliance with IFRS and company policies.
- Identify and implement process improvements to enhance efficiency and accuracy within fixed assets and GL functions.
- Lead, manage, and develop the team by setting objectives, monitoring performance, and ensuring delivery of high-quality outputs.
- Liaise with internal and external auditors to provide required documentation and address audit queries effectively.
- Collaborate with internal stakeholders including IT, Operations, and Treasury to ensure accurate and timely financial data flow.
- Perform any additional duties as assigned by the Line Manager.
Fixed Assets Accounting
Management of asset lifecycle including capitalization, depreciation, disposals, and reconciliations
General Ledger Management
Oversight of journal entries, reconciliations, and ledger integrity
Financial Reporting
Preparation and analysis of financial statements and reports
Ifrs Knowledge
Application of International Financial Reporting Standards in accounting treatments
Erp Systems (Sap Preferred)
Use of financial systems for transaction processing, reporting, and controls
Internal Controls
Design and implementation of financial controls to ensure data integrity and compliance
5. COMMUNICATIONS AND WORKING RELATIONSHIPS
- **Internal:**
Finance team, Treasury, IT, Operations, Senior Management
- **External:**
Auditors, Consultants
- 6.
- CONTEXT, WORK ENVIRONMENT AND DECISION-MAKING AUTHORITY (DELEGATIONS)
- Operates in a dynamic finance environment within a real estate / asset management organization.
- Requires strict adherence to financial deadlines and regulatory standards.
- Has authority over review and approval of reconciliations, journal entries, and process improvements within delegated limits.
7. FINANCIAL RESPONSIBILITIES AND ACCOUNTABILITIES
- Ensure accuracy and completeness of fixed asset register and GL balances.
- Oversee depreciation, capitalization, and asset valuation processes.
- Support accurate financial reporting and audit readiness.
Education
- Bachelor’s degree in Finance, Accounting, or equivalent (Mandatory)
- Professional certification (CPA, CMA, ACCA) or Master’s degree (Preferred)
Experience
- 5 – 7 years of relevant experience in Fixed Assets & GL or finance roles
- Minimum 2 years in a managerial role
- Experience in real estate / asset management preferred
Note
This job description provides a broad indication of the role and responsibilities of the position.
The position holder may be required to perform additional tasks and responsibilities not listed here, in line with organizational needs and changes in business priorities.
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