Overview of the role
The Finance Manager ensures compliance with accounting standards for Accounts Receivable, oversees the accuracy of revenue, debt provision, and billing entries, and coordinates with the shared services team for posting. The role involves monitoring Accounts Receivable balances, identifying discrepancies, reporting exceptions, and managing security deposit deviations, refunds, credit balances, and unit sale handovers.

What you will do

• Review periodic invoicing and revised billing to CFC clients and tenants related to (rent & service charge)
• Review the monthly utilities invoicing to CFC clients and tenants.
• Review tenants’ sales against the audit certificates and calculate turnover.
• Review Property tax against property tax report and send to shared service team to book the property tax.
• Prepare all revenue accruals.
• Approving units’ clearance for unit sales handover and reconcile actual handed over units Vs. actual recognized revenue.
• Reconcile Lease contracts Vs recognized Revenue.
• Preparing and calculate post-dated cheques NPV and related Journal entries to be sent to shared service team for recording.
• Review system workflows (new leases, renewals, amendments, and terminations) and send comments to Financial Controller.
• Manage internal auditors and external auditors.
• Prepare and review on monthly basis the aging report, legal and critical cases’ provision for bad debt.
• Review intermediate accounts (i.e. tenant deposits - other debtor / unearned income / security deposit) for any required adjustments or booking.
• Respond to line manager’s special assignment.
• Respond to business and other departments queries and requests for invoices. Proformas invoices and E-invoices.
• Follow up , highlight and provide prompt solutions for any billing issues related to both ERP system and tax portal for uploading E-invoices.
• Conduct weekly, month-end, quarter-end and year-end meetings with shared service order to cash team to review closing tasks and ensure to maintain the monthly, quarter and year end closing group and local deadlines.