Finance Manager - GL (Real estate Developer)

Overview

Financial Reporting & Analysis

• Accurately finalizing the books of accounts and preparation of the monthly, quarterly, and annual financial statements in compliance with IFRS.
• Ensure proper revenue recognition under IFRS 15 and asset accounting under IAS 16 / IAS 40.
• Oversee bank reconciliation, accruals, and intercompany transactions including allocation of the costs between various group companies.
• Prepare management reports, including profit & loss statements, project-wise costing, and consolidated financial statements.
• Deliver accurate and timely financial reports as per requirements to the management.
• Treasury & Cash flow management
• Lead cash flow management which includes projecting monthly cash flows in coordination with the Sales team and the Construction team.
• Oversee cash flow planning to ensure liquidity for construction and operating expenses.
• Monitor actual vs. budget and provide variance analysis.

Compliance & Audit

• Ensure compliance with UAE VAT, Corporate tax and RERA regulations.
• Liaising with the auditors and managing internal and external audits; ensure closure of Audited Financial Statements within deadlines.

Leadership & Team Management

• Supervise accounting staff and ensure timely completion of deliverables.
• Provide guidance and training to team members on IFRS/IAS and reporting.
• Collaborate with other departments (Project, Sales, Procurement, Legal) for smooth financial operations.

Systems & Process Improvement

• Play active part in finance digitization, ERP upgrades & other internal CRM systems, as and when required.
• Identify and implement process automation or efficiency measures.

Additional Requirements

• Strong analytical skills for the reporting and financial statements.
• Excellent leadership and interpersonal skills.
• Advanced Excel skills and experience with financial ERP systems.
• High level of integrity, accuracy, and attention to detail.