Senior Accountant Treasury

Dubai Holding Asset Management (DHAM) owns and operates an extensive portfolio of

20 landmark retail destinations and 15 residential communities. The Group plays a focal

role in shaping Dubai's position as a global leader in business, tourism and leisure,

contributing to its position as one of the world's most coveted and sought-after liveable

destinations.

Khawaneej Walk and The Outlet Village to popular attractions, including the Theatre of

Digital Art, Madame Tussauds, Tr88house, Museum of Illusions, Dubai Holding Asset

Management’s retail destinations captivate millions of visitors and tourists every year.

Meanwhile, the niche and vibrant community centres as Bay Avenue, Mudon Community

Centre, and Serena Marketplace play a vast role in enhancing the overall quality of life in

residential communities, making neighbourhoods more vibrant and connected. In 2022,

Dubai Holding Asset Management’s retail destinations collectively attracted over 28

million visitors and hosted over 75 events across the portfolio.

Dubai Asset Management maintains a substantial presence in Dubai with a leasing

portfolio of 15 distinct residential communities, elevating the city’s global recognition as

one of the most desirable and liveable destinations worldwide.

About the Job:

An opportunity has arisen for a {Job Title} to join Senior Accountant Treasury. The main duties and

responsibilities of this role:

Role Purpose:

The role holder is responsible for execution of all Treasury middle & back office operations which includes

• Daily Bank Reconciliation Payment
• Daily Bank Reconciliation Collection
• Identification of Unidentified Collection
• Multi system & ERP usage: YARDI – ORACLE - AXS
• Multi online Banking access: 8 banks
• VAT
• Automated & Manual Reconciliation
• Preparation & Submission of Daily activity report

Key Responsibilities/Accountabilities:

Overall Responsibilities:

• Verify and maintain book of accounts for bank payment and bank receipt entries, preparation of journal vouchers, debit / credit notes, cheques ensuring data accuracy.
• Post financial entries periodically and manage data updates into the assigned system to facilitate efficient processing of transactions. Maintain records for all transactions for audit trail.

Recording and Reconciliation – Daily and Monthly

• Conduct reconciliation of all relevant sub & general ledger balances, reports and reconciliation as per defined standards of accounting internal policies to ensure correct balances are reflected in DHAM’s books of accounts.
• Ensure timely recording and reporting of all transactions on a daily basis.
• Prepare reconciliation of bank transactions (Bank lines) against ERP recorded operations on a daily basis.
• Support in the preparation of monthly Trial Balance reconciliation and send for review to the Assistant Manager – Treasury.
• Compare all transactions recorded in the ERP to ensure they are reflected in bank’s physical transactions.
• Support in conducting two-way bank transaction & ERP reconciliation on a monthly basis.
• Manage the closing of accounts as per specified time scales and company’s policies and procedures.

Reporting

• Prepare various financial statistical reports for the Management to facilitate timely reconciliation of various designated accounts and keep them informed of the status.

Cash Pooling, Cash Sweep, Intercompany transfer

• Ensure real time maintenance of calibrated cash position of DHAM and all its legal entities and business units.
• Manage intercompany transfers as and directed by the Management.

Liquidity management / Cash Forecast / yield return maximization

• Forecast company’s cash flow to ensure liquidity is maintained within the company’s periodic plans and make recommendations for the development of contingency funding plans as and when needed.
• Ensure maximization of return on company’s available cash and ensure that the cashbook and ledger are accurately updated on a regular basis.
• Identify gaps in cash inflows and ensure that all chargeable cash revenue is collected, and all money is banked in due course.

Relationship Management - Banks

• Support in maintaining relationships with banks and coordinate with them on regular Treasury operations such as bank account opening and…