Finance Manager (Real Estate Development)

Overview

Financial Reporting & IFRS Compliance

• Lead monthly, quarterly, and annual financial closings.
• Prepare consolidated financial statements and management reports.
• Ensure compliance with IFRS, UAE regulations, and Group accounting policies.
• Review general ledger activities and ensure financial accuracy and completeness.
• Prepare Board, Management, and Shareholder reporting packages.

Budgeting, Forecasting & Financial Planning

• Lead the annual budgeting process across all entities.
• Prepare rolling forecasts and long-term financial projections.
• Monitor actual performance against budget and provide variance analysis.
• Develop financial models to support investment and development decisions.

Treasury & Cash Flow Management

• Manage Group cash flow forecasting and liquidity planning.
• Monitor working capital requirements and funding needs.
• Coordinate banking relationships, facilities, guarantees, and financing arrangements.
• Review and approve payment recommendations in line with delegated authority limits.

Real Estate Development Finance

• Monitor project feasibility studies, project cash flows, and development budgets.
• Review project profitability, cost-to-complete analyses, and funding requirements.
• Support land acquisitions, project structuring, escrow compliance, and development
• financing.
• Review sales collections, payment plans, and project financial performance.

Audit, Tax & Regulatory Compliance

• Lead annual external audits and statutory reporting requirements.
• Coordinate internal audit reviews and implementation of recommendations.
• Manage UAE VAT and Corporate Tax compliance activities.
• Liaise with auditors, tax consultants, banks, legal advisors, and regulatory authorities.

Internal Controls & Governance

• Develop and strengthen internal control frameworks.
• Review and improve workflows, authority matrices, and financial procedures.
• Implement risk mitigation measures to safeguard Group assets.
• Ensure compliance with approved policies and delegated authority limits.

ERP & Process Improvement

• Lead ERP enhancement and automation initiatives.
• Improve finance processes, reporting efficiency, and data integrity.
• Participate in system implementation projects relating to finance, real estate
• development, and property management.
• Establish and maintain SOPs across the finance function.

Leadership & Team Management

• Lead, mentor, and develop finance and accounting teams across the Group.
• Establish KPIs and performance management frameworks.
• Ensure adequate succession planning and staff development.
• Promote accountability, professionalism, and continuous improvement

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• Professional qualification such as ACCA, CPA, CMA, CA, or equivalent preferred.
• MBA is an advantage.
• **Arabic + English Speaker (Mandatory)**

Experience Requirements

• 12–18 years of progressive finance experience.
• Minimum 10 years of GCC experience, preferably UAE.
• Minimum 5 years in a managerial role.
• Strong experience in Real Estate Development and Construction/Contracting sectors.
• Experience with multi-entity group structures is mandatory

Technical Skills

• Strong IFRS knowledge.
• UAE VAT and Corporate Tax expertise.
• Budgeting, forecasting, treasury, and financial modelling.
• ERP experience.
• Advanced Microsoft Excel and financial reporting skills.
• External audit and financial statement preparation experience.

Competencies

• Leadership and people management.
• Strategic thinking and commercial awareness.
• Strong analytical and problem-solving abilities.
• High integrity and confidentiality.
• Excellent communication and stakeholder management skills.
• Ability to work under pressure and manage multiple priorities