The job holder will be responsible for business partnering activities and collaboration with shared services for Accounts Receivable (AR) and other services functions. The job holder will also be responsible for maintaining functional procedures, internal controls, and reporting in conformity with company procedures, group policies, IFRS and laws, regulations and statutes while directing specific areas within the overall department operation. Business Partnering • Liaise with business partners within and outside DHRE to conclude contracts and transactions. • Monitor the SLA with shared services and collaborate with shared services on day-to-day activities. • Monitor the execution of SLA with third parties, in collaboration with shared services. • Work closely with stakeholders across functions in a fast-paced environment, able to provide solution to issues. • Work on projects / initiatives as assigned including any corporate level projects. Accounts Receivable Operations • Monitor update of inflows on Transaction Accounting System by unit. • Manage launch related activities. • Overlook cashiering activities, including over the counter activities, post-dated cheques management, cash management. • Review of post-handover payment plan (PHPP) buy out proposals. • Perform monthly review of staff commission for land sales. • Seek approval for write-offs as per DH policy. • Monitor and analyze customer accounts receivable to identify and address overdue payments promptly, facilitating effective debt collection and cash flow management. Reporting and Audits • Review monthly complex revenue recognition workings based on IFRS. • Support shared services in monthly closing activities. • Review of monthly reports for management and statutory reporting. • Review of reconciliation of revenue and costs of sales on a project to date basis. • Review Accounts Receivable schedules, received from shared services. • Facilitate shared services in ensuring compliance with regulatory requirements by coordinating and successfully completing escrow audits mandated by RERA for all build-to-suit (BTS) projects. • Comply with Anti-Money Laundering (AML) regulations by timely completing and submitting required reports to the Treasury. • For activities not managed by shared services, act as a focal point for statutory audits requests from Reporting team / Internal Audit etc. to facilitate effective communication and coordination between the finance department and auditors, ensuring timely and accurate provision of requested information for audit purposes. Processes and Policies Review • For activities not managed by shared services, review and update processes and policies including Segregation of Duty Matrices for Accounts Receivable (AR) function. • Overlook and conclude on the implementation of Unifier (Oracle tool). • Actively seek automation of controls across DHRE through efficient use of financial systems and innovative technology to enhance and continuously improve the design and effectiveness of controls, including efficiencies in documentation, assessment, and monitoring of controls. Qualifications for Internal Candidates • ACA/CPA/ACCA Qualified. • 4-5 years of professional experience in managing high volume of receivables in a dynamic, fast-paced environment. • Strong IFRS Knowledge, VAT Compliance, hands on accounting and operational experience in related industry (Real Estate or Construction). • Working Knowledge of Oracle Fusion and Unifier. • Understanding of the RERA Transaction Accounting System and Escrow payment mechanisms • Attention to detail and able to work in a dynamic environment. • Ability to work in fast-paced environment with multiple competing deadlines.