Website Farah Experiences
Farah Experiences LLC was established in 2008 to deliver unique, world-class entertainment experiences in the United Arab Emirates’ capital, Abu Dhabi. Today, the company operates three award-winning theme parks:Ferrari World Abu Dhabi, the world’s first Ferrari-branded theme park and Yas Waterworld, the UAE’s unique Emirati waterpark and Warner Bros. WorldTM Abu Dhabi, the world’s first-ever Warner Bros. branded indoor theme park.
Finance Assistant Manager (CAPEX)
Job Description
Supporting in Month end Activity
- Review and update the detailed schedule of fixed assets and accumulated depreciation and make sure FA schedules are reconciled with GL.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Provide a monthly update on all capital expenditures (Capex) for the MX and MD groups, ensuring alignment with the approved budget. Prepare and send invoices to Miral on a quarterly basis.
- Preparation of ad hoc internal management reports as required.
- Assist in preparing various department monthly trackers on consolidated level for MX group.
Preparing and Maintaining Trackers
- Preparing day-to-day activities for Fixed Assets and maintaining Assets Capitalization & Assets Retirement.
- Updating reallocations of the Capex budget.
- Maintain records for PR & PO for each Capex Budget and update them in capex tracker.
- Conduct periodic physical counts of fixed assets.
- Investigate the potential obsolescence of fixed assets.
- Conduct financial analysis to support decision-making processes.
- Team member for Fixed Assets Tagging Projects to ensure completion of the project in line with the guidelines and timelines.
- Prepare and provide financial data and reports required for management review, audits, tax filings, and other regulatory reporting.
Audit and Compliance
- Support the external and internal audit process by providing necessary documentation, explanations, and reconciliations.
- Ensure compliance with internal financial policies, procedures, and controls, as well as all applicable regulatory requirements.
Process Improvement and Automation
- Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
- Identify opportunities to improve fixed assets processes, enhance reporting accuracy, and implement automated solutions to streamline the general ledger function.
- Collaborate with IT and finance teams to ensure the integrity and functionality of the accounting systems.
- Implement best practices and standard operating procedures.
- Collaborate with other departments to streamline financial workflows.
Essentials:
- Bachelor’s degree in an accounting-related field
- Minimum 3 years’ experience in the field of finance
- Excellent knowledge of IFRS accounting standards
- High attention to detail
- Good communication and interpersonal skills
- Ability to work under pressure
To apply for this job please visit enpk.fa.em8.oraclecloud.com.