Real Estate Financial Controller

Client of PER; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in Dubai seeks a Financial Project Manager focusing on real estate development. The role involves managing project budgets, cash forecasts, and liaising with various stakeholders. Ideal candidates will have a degree in finance, experience in construction finance, and proficiency in Excel.

Qualifications

• Minimum 3 years experience in real estate development or project cost control.
• Strong understanding of financial processes within construction or property development.
• Experience with international teams and emerging markets preferred.

Responsibilities

• Develop, manage, and update project budgets.
• Oversee cash flow forecasts and reconcile accounts.
• Monitor construction progress and review financial metrics.

Skills

Financial modeling

Variance analysis

Budgeting

Analytical skills

Communication skills

Education

Degree in Accounting or Finance

Professional accounting qualification

Tools

Excel

Job description

• Develop, manage, and update comprehensive project development budgets
• Prepare and oversee cash flow forecasts across all project phases, ensuring financial accuracy and foresight
• Reconcile project accounts and manage dedicated bank accounts to ensure compliance and accuracy
• Review and validate invoices, Bills of Quantities, and all relevant supporting documentation
• Conduct detailed variance analyses between budgeted and actual costs, providing actionable insights and recommendations
• Collaborate closely with quantity surveyors, contractors, architects, consultants, and the Asia project team
• Monitor construction progress, update project timelines, and ensure key deliverables and milestones are achieved
• Review and verify progress reports to align with both physical and financial metrics
• Maintain dynamic financial models, regularly updating them to reflect changes in project scope and timelines
• Serve as the primary financial liaison between stakeholders in Mauritius, London, Asia and Dubai
• Track vendor performance and coordinate timely approvals for payments based on verified progress
• Ensure clear, timely, and accurate communication with internal teams and external partners
• Produce weekly, monthly, and quarterly reports on project performance
• Maintain audit ready financial records in compliance with internal policies and external regulations
• Assist with year-end reporting and regulatory filings, working closely with external accountants as needed

What the job involves

• Develop, manage, and update comprehensive project development budgets
• Prepare and oversee cash flow forecasts across all project phases, ensuring financial accuracy and foresight
• Reconcile project accounts and manage dedicated bank accounts to ensure compliance and accuracy
• Review and validate invoices, Bills of Quantities, and all relevant supporting documentation
• Conduct detailed variance analyses between budgeted and actual costs, providing actionable insights and recommendations
• Collaborate closely with quantity surveyors, contractors, architects, consultants, and the Asia project team
• Monitor construction progress, update project timelines, and ensure key deliverables and milestones are achieved
• Review and verify progress reports to align with both physical and financial metrics
• Maintain dynamic financial models, regularly updating them to reflect changes in project scope and timelines
• Serve as the primary financial liaison between stakeholders in Mauritius, London, Asia and Dubai
• Track vendor performance and coordinate timely approvals for payments based on verified progress
• Ensure clear, timely, and accurate communication with internal teams and external partners
• Produce weekly, monthly, and quarterly reports on project performance
• Maintain audit ready financial records in compliance with internal policies and external regulations
• Assist with year-end reporting and regulatory filings, working closely with external accountants as needed

Who we are looking for

• Degree in Accounting, Finance, Real Estate, or a related field
• Professional accounting qualification (part-qualified candidates will also be considered)
• Minimum of 3 years experience in real estate development, construction finance, or project cost control
• Advanced proficiency in Excel, with proven experience in budgeting, financial modelling, and variance analysis
• Strong understanding of Bills of Quantities, vendor invoicing, and financial processes within construction or property development environments
• Experience collaborating with international teams and working in emerging markets is a strong asset
• Exceptional organizational, analytical, and communication skills, with a meticulous attention to detail

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