Holders of the Guinness World Record for the "Largest Fireworks Display" ever recorded and "Largest Pyrotechnic Image", Fireworks by Grucci is a sixth-generation, family-owned and operated company. Known as "America's First Family of Fireworks," the Gruccis have transformed the night skies to the delight of millions across the globe since 1850. They are world-renowned for pyrotechnic artistry, scientific innovation and old-fashioned values. Their signature performances include the official celebration of the 200th Anniversary of the National Anthem “Star Spangled Spectacular,†in Baltimore, countless performances in and around Las Vegas, NV., seven consecutive U.S. Presidential Inaugurations; the Olympic Games in Beijing, Salt Lake City, Los Angeles and Lake Placid; commemorations such as the Centennial of the Statue of Liberty and star-studded extravaganzas including the grand opening of the Atlantis Dubai and the Palm Jumeirah Island in the United Arab Emirates. On New Year’s Eve 2013, a stunning performance displaying 479,651 fireworks made its debut above Dubai’s iconic skyline. The Gruccis achieved their “Largest Fireworks Display†title with this performance and smashed the Guinness Book of World Record’s preceding mark. Phil Grucci currently serves as President/CEO of Fireworks by Grucci, Inc. and Pyrotechnique by Grucci, Inc., the manufacturing entity of the Grucci group of companies.... |
The position is responsible to support the Finance Manager- Revenue in overseeing and managing the day to day operation and supervision. This position plays an integral role in verifying and ensuring integrity, completeness and correctness of tenant lease data, advances, receivables and provision balances. It ensures that Accounts Receivable and Leases Revenues are properly authorized according to the company policy and procedure, and with applicable DOA.
Further, this position is also responsible for implementing and monitoring the Revenue and Accounts Receivable monthly closing process as well as regular review of tenant account balances including controlling and monitors timely billing, collection and ensures safe keeping of PDCs.
Role Details - Key Responsibilities and Accountabilities:
Run monthly recurring billing and ensure the monthly revenues booked agree with the signed lease agreements.
Prepare and update receipts to tenants for various payment collection i.e. rent, utilities and deposits etc.,
Review and reconcile tenant accounts balances for revenue and receivables with GL on monthly basis and ensure no integrity issue is pending.
Run IAS 17 and ensure accuracy of adjustment entries processed on a monthly basis.
Prepare tenants' statement of account as and when required.
Assist and provide swift feedback to Leasing and Asset Management teams in day to day transactions pertaining to renewal, amendments, surrender and new deals.
Provide historical information and analysis as and when required.
Support the business by reducing review and processing time for all Revenue and Receivables transaction, i.e. refunds, Statement of Accounts and billing.
Ensure clearing of any reconciling item resulted from revenue bank accounts reconciliation on timely basis.
Review and ensure correctness of tenants' balances for advances, deposits, receivables and revenue on monthly basis.
Coordinate with the Oman / Bahrain offices daily and ensure that the daily bank processing for all collections are performed on a timely basis.
Submit monthly consolidated financial key information related to A/R and revenue area.
Review percentage rent calculation and ensure accuracy completeness and timely billing.
Review all tenants' refunds ensuring compliance with lease agreements and the company's financial policies and procedures.
Ensure Tenant Variation to standard lease terms and conditions are duly supported with TVR form approved as per DoA requirements.
Review tenant utilities recovery accounts and ensure all tenants are paying either through lease agreement or on actual consumption basis.
Prepare tenants' accounts reconciliations as well as follow-up on pending issues and old outstanding items.
Ensure Proper review and check over billing and collection process ensuring timely and accurate generation and distribution of A/R invoices and receipts.
Assist in other ad-hoc analysis, financial reporting and other various tasks related to areas of responsibility.
Ensure compliance with the MAFP SMBU's Code of Conduct, Departmental policies and HC Policies and Procedures at all times.
Be the advocate and ambassador of aligning and cascading the MAFP values in the assigned area of responsibility and ensure that it is adhered to and exhibit the same all the time.
Further, this position is also responsible for implementing and monitoring the Revenue and Accounts Receivable monthly closing process as well as regular review of tenant account balances including controlling and monitors timely billing, collection and ensures safe keeping of PDCs.
Role Details - Key Responsibilities and Accountabilities:
Run monthly recurring billing and ensure the monthly revenues booked agree with the signed lease agreements.
Prepare and update receipts to tenants for various payment collection i.e. rent, utilities and deposits etc.,
Review and reconcile tenant accounts balances for revenue and receivables with GL on monthly basis and ensure no integrity issue is pending.
Run IAS 17 and ensure accuracy of adjustment entries processed on a monthly basis.
Prepare tenants' statement of account as and when required.
Assist and provide swift feedback to Leasing and Asset Management teams in day to day transactions pertaining to renewal, amendments, surrender and new deals.
Provide historical information and analysis as and when required.
Support the business by reducing review and processing time for all Revenue and Receivables transaction, i.e. refunds, Statement of Accounts and billing.
Ensure clearing of any reconciling item resulted from revenue bank accounts reconciliation on timely basis.
Review and ensure correctness of tenants' balances for advances, deposits, receivables and revenue on monthly basis.
Coordinate with the Oman / Bahrain offices daily and ensure that the daily bank processing for all collections are performed on a timely basis.
Submit monthly consolidated financial key information related to A/R and revenue area.
Review percentage rent calculation and ensure accuracy completeness and timely billing.
Review all tenants' refunds ensuring compliance with lease agreements and the company's financial policies and procedures.
Ensure Tenant Variation to standard lease terms and conditions are duly supported with TVR form approved as per DoA requirements.
Review tenant utilities recovery accounts and ensure all tenants are paying either through lease agreement or on actual consumption basis.
Prepare tenants' accounts reconciliations as well as follow-up on pending issues and old outstanding items.
Ensure Proper review and check over billing and collection process ensuring timely and accurate generation and distribution of A/R invoices and receipts.
Assist in other ad-hoc analysis, financial reporting and other various tasks related to areas of responsibility.
Ensure compliance with the MAFP SMBU's Code of Conduct, Departmental policies and HC Policies and Procedures at all times.
Be the advocate and ambassador of aligning and cascading the MAFP values in the assigned area of responsibility and ensure that it is adhered to and exhibit the same all the time.
