Executive - Finance Business Partner Accounts Payable - Dubai Holding Real Estate

About Dubai Holding Real Estate:

Dubai Holding’s real estate business has developed strategic destinations and communities that offer unique and attractive lifestyle opportunities to meet the evolving needs of Dubai’s residents and visitors alike. As a master developer, we invest in sustainable infrastructure, accessibility, community amenities and family-focused facilities including community centers, mosques, schools, supermarkets and landscaping.

Our integrated real estate offering also includes a robust land sales portfolio, project management for large-scale projects, as well as top-notch facilities management services.

About the job:

• Assist in the review of CAPEX purchase requisitions and monitor budget adequacy, ensuring appropriate budgetary controls are in place and project costs remain within budget.
• Liaise with business partners internally and externally to support contracts and transactions.
• Support CAPEX and OPEX contractor bank guarantee validation and guarantees management.
• Monitor SLAs and collaborate with shared services on day-to-day activities to ensure consistent service delivery and compliance with performance KPIs.
• Work closely with stakeholders across functions to proactively identify issues and provide effective solutions.
• Support the review of infrastructure cost allocations, month-end project accruals, EOT provisions, claims and other CAPEX activities.
• Prepare capital work-in-progress reconciliations and project cost reports for BTS, LTS and infrastructure projects.
• Review project cost reports to assess financial performance, identify cost overruns or inefficiencies and provide recommendations for improvement.
• Support Shared Services with monthly closing activities and review project cost accruals, cost reports, CWIP analysis and Accounts Payable CAPEX/OPEX schedules.
• Support statutory and internal audit requirements and ensure timely and accurate provision of required information.
• Review and update AP processes and policies, including segregation of duties, and participate in the implementation of Oracle Unifier.
• Identify opportunities to automate controls and improve AP processes and workflows using financial systems and innovative technology.
• Review Percentage of Completion workings for DHRE projects in accordance with IFRS and collaborate with Development and Infrastructure teams to support accurate revenue recognition.

About you: 

• Minimum 2–4 years of professional experience managing payments within a dynamic, fast-paced environment.
• Bachelor's degree in Finance/ Accounting is a minimum, ACA, CPA or ACCA qualified.
• Strong IFRS knowledge, VAT compliance, and hands-on accounting and operational experience is preferred.
• Must have a strong analytical capability, with the ability to analyse financial data and identify exceptions and gaps.
• Working knowledge of Oracle Fusion, Unifier and Salesforce preferred.
• Understanding of the RERA Transaction Accounting System and Escrow payment mechanisms preferred, not mandatory.
• Strong attention to detail with the ability to prioritize effectively and manage multiple competing deadlines.

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 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.