Finance Manager – Land Bank

Budgeting and Forecasting

• Review all financial transactions and land bank accounting including POC workings and revenue recognition.

• Monitor project budgets, construction costs, and capital expenditure tracking and advise on availability of budgets against project expenditure.

• Maintain land bank reconciliation, track changes in land bank and related GFAs and update land bank financial records accordingly.

• Develop Capex budgets and finalize budget plans and schedules in line with Group policies and procedures to ensure the integrity of budget data, appropriateness and reliability of the key assumptions and control mechanisms.

• Ensure accuracy in land bank accounting and align it with accounting standards and internal controls.

• Prepare the relevant schedules (IP/ PHDS) in a timely and accurate manner and submit them to the relevant teams as per agreed timelines.

• Liaise with auditors, external consultants, and other advisors when required.

• Monitor cost at project level, identify and suggest if any impairment is triggered.

• Assist in reviewing EMC papers relating Value Added Services “VAS”, land sales, project feasibilities and Quarterly Project Review Reports.

• Prepare any project Ad-hoc analysis for decision making purposes.

• Review and finalise project accruals and legacy provisions.

• Assist in review of quarterly clearance pack and GRP with statutory reporting team.

Reports, Systems and Tools:

• Design and implement financial policies and procedures relating to land bank accounting and cost models in alignment to business objectives and identify opportunities for continuous improvement.

• Develop land bank policies, process, procedures, forms and templates to ensure adequate land bank controls and reporting structure for overall commercial Finance operations.

• Prepare monthly project dashboards showing cost and sales status.

• Ensure Policies, processes, procedures forms and templates in place, approved and implemented.