Finance controller (Property Development)

CITIC Pacific Limited; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

CITIC Pacific Limited is seeking an experienced Finance Controller (Property Development) to lead budgeting, forecasting and internal controls for large-scale real estate projects in Hong Kong. The role also drives financing strategies, bank relations, and treasury management to support ongoing development and leasing operations.

The ideal candidate has 15+ years in real estate finance, professional qualifications (HKICPA/ACCA/CFA), and strong experience with real estate project financing, debt

Qualifications

• Bachelor’s degree or above in Finance/Accounting.
• Professional qualifications: HKICPA, ACCA, CFA or equivalent.

Responsibilities

• Oversee annual budgeting, rolling forecasts, financial settlement and cost monitoring for large projects including real estate development and leasing.
• Control construction costs and budget overruns; implement internal controls and approval workflows for compliance and efficiency.
• Supervise daily accounting to ensure HKFRS compliance and regulatory requirements; manage tax planning and external audits.
• Lead financing initiatives, develop strategies, and maintain relationships with banks and capital markets for stable funding.
• Manage full lifecycle of financing activities including loans, bond issuance, project/shareholder loans and guarantees; monitor covenants and obligations.
• Coordinate cash flow forecasting and liquidity management; monitor major inflows/outflows and funding gaps to safeguard funds.

Skills

Budgeting & Forecasting

Financial Accounting

Internal Control

HKFRS

Treasury Management

Debt & Cash Flow Management

Audit Liaison

Cross-Functional Leadership

Education

Bachelor’s degree in Finance/Accounting

HKICPA/ACCA/CFA or equivalent

Job description

Finance controller (Property Development)

1. Operational Budgeting, Financial Accounting, and Internal Control

• Oversee the comprehensive annual budgeting, rolling operational forecasting, financial settlement, and cost monitoring for large-scale, multi-sector projects (including real estate development, leasing); proactively identify operational risks and optimize profitability.
• Strictly control construction costs and budget overrun risks; optimize and implement internal control systems and approval workflows to ensure operational compliance and efficiency.
• Supervise daily accounting operations to ensure strict adherence to Hong Kong Financial Reporting Standards (HKFRS) and regulatory requirements; manage tax planning and lead external audit engagements.

2. Financing Arrangements, Debt Management, and Treasury Coordination

• Spearhead bank and capital market financing initiatives; formulate and execute financing strategies; expand funding channels and maintain strong relationships with financial institutions to ensure stable access to capital, supporting project operations and the company's sustainable growth.
• Manage the full lifecycle of financing activities - including bank loans, bond issuance, project/shareholder loans, and guarantees; monitor financial covenants and contractual obligations; and proactively mitigate potential performance risks.
• Coordinate cash flow forecasting and liquidity risk management; dynamically monitor major cash inflows and outflows (such as capital expenditure, debt repayment, and working capital); continuously assess funding gaps to safeguard project funds and ensure stable operations.

Requirements

• Bachelor’s degree or above, majoring in Finance, Accounting, or a related field; possession of HKICPA, ACCA, CFA, or equivalent professional qualifications.
• Over 15 years of experience with large-scale Hong Kong real estate enterprises or "Big Four" accounting firms (specializing in real estate), with a focus on real estate project finance and/or treasury management.
• Practical experience in full-lifecycle financial management for large-scale real estate development projects; familiarity with Hong Kong bank lending and capital market financing operations.
• Experience across diverse property sectors—including residential, commercial, hospitality, and large-scale mixed-use community projects is preferred.
• Proficiency in reviewing financing documentation, managing financial covenants, and overseeing debt and cash flow; strong business acumen and rigorous analytical skills.
• Excellent cross-departmental communication, team management, and internal/external coordination skills; ability to independently handle financial and financing controls for complex projects and effectively coordinate among shareholders, financial institutions, and intermediaries.
• Strong written and verbal communication skills in both Chinese and English.

CITIC Pacific is headquartered in Hong Kong with diverse operations in real estate, healthcare and consumer products distribution. The company is a wholly owned subsidiary of CITIC Limited (267.HK), a Hong Kong listed company and one of the largest conglomerates in China.

Building strong teams of talented people has been a driving factor of our business success. We provide talented professionals with excellent career opportunities to build expertise and foster innovation.

Join us if you are interested in a challenging and rewarding career with a team of committed professionals.