Finance Executive
Role Overview
The Finance Executive supports financial operations for a real estate development business, focusing on accurate accounting, timely reporting, and effective financial controls.
The role requires analytical skills, attention to detail, hands-on real estate project accounting, cash flow management, stakeholder coordination, and escrow management.
Key Skills for This Role
Full Job Posting
Position overview
The Finance Executive supports financial operations for a real estate development business, focusing on accurate accounting, timely reporting, and effective financial controls.
The role requires analytical skills, attention to detail, hands-on real estate project accounting, cash flow management, stakeholder coordination, and escrow management.
Key responsibilities
- Manage daily accounting, including AP/AR, bank reconciliations, journal entries, and general ledger updates.
- Prepare monthly, quarterly, and annual financial statements in line with company policies and regulatory requirements.
- Monitor project budgets, costs, and cash flows; highlight variances and recommend corrective actions.
- Coordinate project expenses, contractor payments, retention amounts, and milestone-based disbursements.
- Handle VAT calculations, filings, and compliance for real estate transactions.
- Support external audits with schedules and documentation and respond to auditor queries.
- Maintain records of escrow accounts, project collections, and customer payments.
- Prepare management MIS reports on project performance, cash flow forecasts, and financial dashboards.
- Liaise with banks on facilities, guarantees, loan documentation, and related financial matters.
- Ensure compliance with internal controls, financial policies, and statutory requirements.
Qualifications and experience
- Bachelor’s degree in Finance, Accounting, or a related field.
- CA, CPA, or CMA certification is an advantage.
- 3–5 years of finance or accounting experience, preferably at a real estate developer or construction company.
- Strong knowledge of project accounting, cost control, and real estate financial processes.
- Proficiency in MS Excel.
- Solid understanding of UAE VAT regulations and compliance.
- Strong analytical, organizational, and communication skills.
Key competencies
- Financial accuracy and attention to detail.
- Analytical and problem-solving ability.
- Time management and ability to meet deadlines.
- Integrity, confidentiality, and professionalism.
- Team collaboration and stakeholder coordination.
Work location
- Work is in person.
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