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A leading property development company in Dubai is seeking a Sr. Finance Manager to oversee financial operations and compliance. The ideal candidate will manage cash flows, monitor financial risks, and provide insights on cost efficiencies. This role requires a minimum of five years' experience in a relevant finance role within real estate.
Position Title: Sr. Finance Manager Employment Type: Full Time Salary: up to 30K AED all-inclusive depending on experience and qualifications Job Location: Dubai, UAE About the Client: A Dubai-based property development company specializing in the execution of large-scale high-rise residential projects. Job Description: • Ensure compliance with UAE VAT, Corporate Tax, and auditing standards while guiding the finance team on tax filings, audits, and regulatory requirements. Monitor and manage daily cash flows, ensuring the availability of liquid assets to cover short-term liabilities. • Forecast cash needs and optimize cash balances across accounts to maintain sufficient liquidity for company operations. Research revenue opportunities, economic trends, and internal operations to identify cost reduction and process improvement areas. • Oversee accounts receivable, accounts payable, and inventory management to optimize working capital. Manage credit lines, guarantees, and assess the creditworthiness of customers and counterparties to minimize financial risk. • Manage Escrow accounts as per Dubai Land Department (DLD) requirements, including opening accounts and securing fund releases.
• Open to Asian and Arabic nationalities, 50 years old and below • Minimum 5 years of experience in Sr. Finance Manager, finance officer, or relevant role in a real estate development firm or real estate brokerage. CPA certification is a plus. • Must have knowledge of modern treasury department tools and systems, including Treasury Management Systems (TMS), ERP and Payment Platforms • Proficient in the use of MS Office and financial management software (e.g., SAP, Oracle NetSuite) and knowledge of corporate financial law and risk management practices followed in the UAE