Finance Manager - Accounts Payable Holding Land Estates

Finance Manager – Accounts Payable – Dubai Holding Land Estates

Dubai Holding Land Estates oversees a diverse land portfolio strategically located across Dubai’s most sought-after areas. With convenient access to major highways, nearby amenities, and flexible land use options, investors are presented with unique opportunities for development and growth.

Through the centralization of Dubai Holding’s land bank, Dubai Holding Land Estates focuses on large‑scale master plans, ensuring alignment with the Dubai 2040 Urban Master Plan, while also supporting the business’s commitment to sustainable urban development and strategic land portfolio management.

An opportunity has arisen for a Finance Manager – Accounts Payable to join Dubai Holding Land Estate
. The main duties and responsibilities of this role are mentioned below:

• Develop, improve and maintain budgetary controls in respect of spending to ensure that commitments and spending are in line with the approved budgets and relevant DOAs ensuring compliance.
• Manage Accounts Payable (AP) function for DHLE entities including developing, communicating, and implementing the function’s policies and procedures ensuring adherence to relevant DOAs.
• Develop and implement Service Level Agreements (SLAs) for AP transaction processing activities in accordance with best practices ensuring timely revision and compliance.
• Responsible for implementing and maintaining a system of internal controls that will ensure that all financial reporting and prepared in compliance with financial policies, norms and best practices.
• Be a point of contact such as Banks and RERA (Real Estate Regulatory Authority) for administrating and managing Transaction Accounting System (TAS) and matters relating to Escrow Account management.
• Develop and maintain payment cycles and accurate schedules for all balances relating to Accounts Payable in accordance with business requirements and ensure compliance.
• Provide guidance to staff in the processing of all AP activity streams including receipt and processing of payment certificates along with invoices, resolution of exceptions and payment processing.
• Lead AP system/process enhancements and automation and implement AP transactional metrics reporting package to monitor operational performance.
• Review payable ageing, ensure payments are made on due dates and balances are reviewed and reconciled as per agreed KPI’s.
• Coordinate work relating to both internal and external (statutory, FAD etc.) for audits and review of the company financial records. Timely implement the recommendations for findings of auditors’, if any, and ensure compliance.
• Liaise with internal (Departments) and external (Suppliers/ Service Providers/ Affiliated Companies etc.) stakeholders to ensure smooth functioning of Accounts Payable operations and meet service requirements.
• Oversee the cash flow forecasts and management reports and assure accuracy, completeness and timely issuance.
• Align with the organization’s goals, operating models including effective communication with department heads throughout the organization and extended service providers and stakeholders.
• Monitor the working environment within the department and maintain performance‑driven work environment which promotes employee morale and positive employee engagement.
• Establish reporting templates for management reporting and implement monitoring and reporting mechanisms to measure process efficiencies and ensure compliance with policies and procedures.
• Provide regular coaching, establish professional development plans and monitor progress of team.

• Bachelor’s degree in Finance/Accounts;
  Master’s degree preferred.
• Professional Accounting Qualification (Chartered Accountant, ACCA, CPA etc.).
• 4‑6 years’ experience with at least 2 years experience in a senior role in Accounts payable function in Oracle Financials or similar ERP System.
• Strong IFRS Knowledge, VAT Compliance, hands‑on accounting and accounts payable experience in related industry (Real Estate or Construction).

• Thorough understanding of IFRS and accounting.
• Understanding of the RERA TAS and Escrow…