Finance Director
Skills
About This Role
Reporting to Group CFO
About the Company
Ohana Development is a leading private developer in the Middle East, renowned for crafting timeless residences that embody attainable luxury, exceptional quality, and enduring value.
With over 35 years of expertise, the company’s vision goes beyond building homes—it’s about creating lasting legacies for families, clients, and communities.
Role Overview
The Finance Director is responsible for leading the overall financial strategy, governance, and operational performance of Ohana Development.
The role provides executive-level financial leadership, ensuring robust financial management, commercial insight, and strict alignment with group strategy.
Reporting to the Group CFO, the Finance Director serves as a trusted strategic advisor to the General Manager, playing a critical role in driving business growth, optimizing capital allocation, navigating project lifecycles, and safeguarding the financial integrity of the organization in compliance with UAE real estate regulations.
Strategic Financial Leadership
· Lead the company’s financial strategy aligned with group objectives
· Provide forward-looking insights to drive growth, profitability, and value creation
· Partner with the Managing Director / GM on business strategy and execution
Financial Performance , Cash Management & Escrow Governance
· Full ownership of the company’s financial performance, including P&L, Balance Sheet, and project-level cash flows
· Lead cash flow planning and liquidity management across development projects
· Ensure compliance with UAE Escrow regulations and manage off-plan sales proceeds
· Oversee accurate and timely financial reporting
· Deliver actionable financial analysis on risks, costs, and opportunities
Budgeting, Planning & Investment Analysis
· Lead budgeting, forecasting, and long-term financial planning
· Oversee financial modeling, feasibility studies, and scenario analysis
· Evaluate project viability, ROI, and funding structures
· Monitor performance vs. budget and drive corrective actions
Operational Finance & Project Controls
· Oversee accounting operations, including AP/AR, payroll, and project accounting
· Ensure strong control over construction costs, contractor payments, and variations
· Apply relevant accounting standards (IFRS 15 & IFRS 16)
· Drive ERP effectiveness, automation, and data integrity
Governance, Risk & Compliance
· Establish strong internal controls and governance frameworks
· Ensure compliance with UAE Corporate Tax, VAT, and real estate regulations( e.g., ADREC, DLD, institutional mandates).
· Lead risk management across financial and contractual areas
· Manage internal and external audits with timely resolution of findings
Executive Business Partner & Transformation
· Act as a strategic advisor to senior leadership on financial and operational decisions
· Provide financial oversight across the full project lifecycle
· Lead finance transformation initiatives (ERP, automation, reporting dashboards)
· Drive a performance culture through financial KPIs and data insights
Leadership & Stakeholder Management
· Build and lead a high-performing finance team
· Manage relationships with banks, auditors, regulators, and government entities
· Support fundraising, project financing, and partnership evaluations
Skills and Experience
- 12–15+ years of progressive finance experience, with at least 5 years in a senior leadership or Finance Director role
- Deep familiarity with the UAE real estate regulatory landscape, including escrow account management and local tax compliance.
- Proven track record of leading ERP implementations or major finance transformation initiatives.
- Bachelor’s degree in Finance, Accounting, Economics, or related field
- Mandatory professional qualifications such as CPA, ACCA, ACA, or equivalent
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