Financial Director

4 days ago

Riyadh, Ar Riyāḑ, Saudi Arabia Olayancareer Full time
Job Summary

Olayancareer is seeking a highly skilled Financial Controller to oversee all financial functions and provide strategic financial guidance to the organization.

Key Responsibilities
  • Oversee senior accountants on assigned portfolios and perform higher-level risk-based reviews on a monthly/quarterly basis prior to final review by the manager.
  • Setup and accounting for complex multi-tier investments and commingled funds.
  • Serve as the primary point of contact for Portfolio and Asset Management for all accounting-related matters on assigned portfolios.
  • Work with Asset Management department to answer/provide information for current and prospective investors.
  • Coordinate, prepare, and complete all audit reports and tax returns for portfolios in a timely manner.
  • Review consultant reports prepared by the accounting department.
  • Oversee third-party managers who provide accounting services.
  • Analyze and coordinate the completion of performance returns, advisory, incentive, and acquisition/disposition fees on real estate investments.
  • Analyze cash positions and ensure excess cash distributions are made timely in accordance with the respective Investment Management or Partnership Agreements.
  • Assist in the design and analysis of information received during the annual audit process.
  • Participate and raise potential accounting concerns in meetings with Legal/Closings during the acquisition and disposition process.
  • Work with other departments on the acquisition and disposition of portfolio investments as appropriate.
  • Prepare timely and accurate weekly reviews of business cases related to renewal, closure, remodel, relocation, and new openings.
  • Interface with senior management on special projects as needed.
  • Review accountants' work product for accuracy and completeness, including ensuring financial packages are complete and delivered timely and accurately to Account Management Teams, Real Estate Management Teams, and Clients.
  • Establish internal work controls to monitor and review accountants' work product for accuracy and timely processing to safeguard the assets of our clients and uphold the organization's responsibility.
Requirements
  • Bachelor's degree in Accounting.
  • 5+ years of experience in a controller role with real estate experience.

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