Our client is a forward-thinking real estate company redefining modern living in the UAE. They are seeking a dynamic and detail-oriented Finance Manager to join the growing team and lead all financial planning, analysis, and treasury functions that support the continued expansion.
Responsibilities
Financial Planning and Analysis
- Develop and manage budgets, forecasts, and financial models for ongoing projects and new property developments.
- Conduct in-depth financial and profitability analyses to assess project feasibility and identify potential risks and opportunities.
- Prepare and maintain management accounting policies, budgeting procedures, and related internal controls.
- Provide strategic financial insights and recommendations to support management decision-making.
Financial Reporting
- Prepare accurate and timely financial statements, management reports, and performance dashboards for internal and external stakeholders.
- Deliver detailed variance analyses between actual and budgeted performance with commentary and improvement plans.
- Coordinate with auditors for annual audits and ensure proper documentation and compliance with accounting standards.
Budgeting and Forecasting
- Lead the annual budgeting process and ensure alignment with strategic business goals.
- Monitor and update rolling forecasts to reflect changes in market conditions, business priorities, and project timelines.
Cash Flow and Treasury Management
- Monitor and manage cash flow projections to ensure sufficient liquidity for operations and investments.
- Develop strategies to optimize working capital and improve cash efficiency.
- Oversee banking relationships, negotiate credit facilities, and ensure compliance with treasury and currency regulations.
- Supervise payment processing, maintain payment discipline, and manage receipts and disbursements.
- Open and manage bank accounts, ensuring all treasury operations comply with legal and regulatory requirements.
Compliance and Governance
- Ensure compliance with financial regulations, tax laws, and company policies.
- Support internal controls to safeguard assets and enhance operational efficiency.
- Coordinate contracts and payments to ensure alignment with budgets and management accounting requirements.
- Prepare and submit documentation required by banks, auditors, and regulatory authorities.
Systems and Automation
- Participate in the automation and optimization of management accounting systems, particularly within 1C or similar ERP platforms.
- Support implementation of digital tools to improve reporting accuracy and efficiency.
Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree preferred).
- Professional qualification such as ACCA, CPA, CMA, or CFA is an advantage.
- Minimum 5 years of relevant experience in finance or accounting, preferably in real estate, property management, or development.
- Strong experience in financial modeling, budgeting, forecasting, and treasury management.
- Sound knowledge of UAE financial regulations, tax compliance, and IFRS.
- Proficiency in Excel, financial modeling tools, and ERP systems (experience with 1C preferred).