Finance Manager

Key Responsibilities

• Review of the group‑wide consolidation of financial statements, ensuring full compliance with IFRS and real estate–specific reporting requirements.
• Review and reconcile intercompany transactions, project‑level allocations, and eliminations as part of the consolidation process.
• Conduct detailed variance analysis on consolidated and project‑level financial statements, highlighting trends, risks, and development‑cycle insights.
• Reviewing the day to day operations of the subsidiaries and the projects SPV.
• Oversee Corporate Income Tax (CIT) compliance for the real estate division.
• Track and report on project level financial performance, including development budgets, construction costs, land payments, and consultant fees.
• Support feasibility assessments by providing financial inputs for IRR, NPV, cash flow projections, and scenario analysis for new and ongoing developments.
• Coordinate with project management, commercial, and development teams to ensure alignment be-tween financial forecasts and project progress.
• Monitor escrow accounts, RERA related compliance / ADGM compliances and ensure proper accounting treatment for off plan sales, milestone based revenue, and cost to complete calculations.
• Assist in the preparation of annual budgets, rolling forecasts, and long range financial plans for the re-al estate division.
• Monitoring the specific projects borrowing, experiences in coordinating with banks with related to the term sheet etc.
• Perform variance analysis comparing actuals to budget, highlighting deviations related to construction progress, sales performance, and financing costs.
• Provide financial insights to support pricing strategies, project phasing, and capital allocation decisions.
• Support internal and external audits by preparing required schedules, reconciliations, and documentations related to group consolidation, standalone financials, and project accounting.
• Respond to audit queries and ensure timely closure of audit findings.