Finance Manager (Real Estate)

Jones Lang LaSalle; Riyadh; On-site; SAR 480,000 - 640,000; Full time

Job summary

Jones Lang LaSalle in Riyadh is seeking an experienced Finance Manager to lead all financial operations for a premium residential resort in North Riyadh, delivering transparent reporting and ensuring regulatory compliance.

You will oversee budgeting, rent and revenue management, cost control, audits, and ESG tracking, guiding a finance team and partnering with owners, auditors, and regulators to maximize asset value. Fluency in English and Arabic is valued.

Qualifications

• 8+ years of real estate financial and accounting experience.
• Experience managing large-scale residential or mixed-use developments in KSA or the GCC.
• Deep understanding of ZATCA compliance requirements (VAT, e-invoicing, WHT, Zakat).
• Working knowledge of IFRS standards and REGA guidelines.

Responsibilities

• Oversee all financial operations for a large-scale residential community with 1,100 units.
• Prepare and deliver monthly management accounts, quarterly financial statements and annual audited accounts.
• Maintain open-book financial records with real-time transparency for ownership review.
• Lead budget preparation, forecasting and variance analysis processes.
• Direct rent billing, revenue reconciliation, and cost control across portfolios.
• Coordinate with auditors and regulators, ensure compliance and robust internal controls.
• Provide financial insights to support strategic decisions and ESG tracking.

Skills

Financial analysis

Stakeholder management

IFRS knowledge

ZATCA compliance

VAT & e-invoicing

Regulatory liaison

English proficiency

Arabic proficiency (optional)

Education

Bachelor's degree in Finance, Accounting, or Business Administration

CPA / ACCA / CMA or equivalent

Tools

Yardi

Job description

About the Role

We are seeking an experienced Finance Manager to lead all financial operations for a premium residential resort in North Riyadh. This role requires a strategic financial leader who can deliver transparent accurate and timely financial reporting while ensuring full regulatory compliance and supporting the achievement of ambitious occupancy and revenue targets.

Key Requirements

• Minimum 8 years of real estate financial and accounting experience
• At least 5 years in operational management of large-scale residential or mixed-use developments in KSA or the GCC
• Degree in Finance Accounting or Business Administration required
• Professional accreditation CPA ACCA CMA or equivalent strongly preferred
• Deep understanding of ZATCA compliance requirements VAT e-invoicing WHT Zakat
• Working knowledge of IFRS standards and REGA guidelines
• Proficiency in property management systems Yardi Yarn or similar platforms
• Strong stakeholder management skills with experience interfacing with owners auditors and regulatory authorities
• Fluent in English written and spoken Arabic proficiency highly valued

Financial Leadership amp Reporting

• Oversee all financial operations for a large-scale residential community with 1 100 units
• Prepare and deliver monthly management accounts quarterly financial statements and annual audited accounts
• Maintain open-book financial records with real-time transparency for ownership review
• Lead budget preparation forecasting and variance analysis processes

Revenue amp Income Management

• Direct rent billing collection operations and revenue reconciliation across residential and commercial portfolios
• Oversee utility sub-metering rebilling processes and deposit management
• Prepare revenue forecasts and annual rent benchmarking reports aligned with market regulations
• Monitor and optimize non-residential revenue streams including retail amenities and value-added services

Budget amp Cost Control

• Develop annual operating and capital budgets in collaboration with operational leadership
• Monitor expenditure against approved budgets and implement variance mitigation strategies
• Ensure competitive procurement practices and contract cost control
• Drive cost efficiency while maintaining premium service standards

Compliance amp Governance

• Ensure full compliance with Saudi Arabian tax regulations and statutory filing requirements
• Maintain segregated financial accounts and support internal control frameworks
• Coordinate with internal and external auditors provide comprehensive audit documentation
• Implement and monitor financial policies procedures and approval workflows

Team Leadership

• Lead and develop a finance team including collection specialists and finance officers
• Interface with facilities management contractors on invoice verification and cost reconciliation
• Collaborate with property leasing and operations teams on financial planning and tenant account management
• Provide financial insights and analysis to support strategic decision-making

Strategic Contribution

• Support continuous improvement initiatives to maximize asset value and operational efficiency
• Deliver ad hoc financial analysis and reporting to support ownership objectives
• Contribute to ESG reporting and sustainability financial tracking
• Ensure bad debt provisions remain within industry-leading thresholds

Skills amp Competencies

• Advanced Microsoft Excel financial modeling pivot tables advanced formulas and PowerPoint
• Strong analytical and problem-solving capabilities
• Excellent written and verbal communication skills
• Detail-oriented with exceptional accuracy and organizational abilities
• Ability to work under pressure and meet tight reporting deadlines
• Strong work ethic and commitment to transparency and integrity

Minimum 8 years of real estate financial and accounting experienceAt least 5 years in operational management of large-scale residential or mixed-use developments in KSA or the GCCDegree in Finance, Accounting, or Business Administration requiredProfessional accreditation (CPA, ACCA, CMA, or equivalent) strongly preferredDeep understanding of ZATCA compliance requirements (VAT, e-invoicing, WHT, Zakat)Working knowledge of IFRS standards and REGA guidelinesProficiency in property management systems (Yardi, Yarn, or similar platforms)Strong stakeholder management skills with experience interfacing with owners, auditors, and regulatory authoritiesFluent in English (written and spoken); Arabic proficiency highly valued