Finance Manager (Real Estate)

Position Overview

Key Responsibilities

• Review, verify, and validate Sales Purchase Agreements (SPA) prior to execution.
• Ensure SPA financial terms align with approved pricing, payment plans, company policies, and management approvals.
• Monitor customer payment schedules and milestone collections in accordance with executed SPAs.
• Coordinate with the Sales and Legal teams regarding SPA amendments, transfers, cancellations, and their financial implications.
• Verify booking amounts, instalment schedules, discounts, incentives, rebates, and special approvals.
• Ensure accurate revenue recognition in accordance with executed SPAs and IFRS requirements.
• Maintain complete financial documentation related to all customer contracts.
• Work extensively with Salesforce CRM to monitor sales transactions and customer payment status.
• Reconcile CRM sales records with ERP and accounting systems to ensure financial accuracy.
• Monitor booking status, payment milestones, instalment schedules, customer ledgers, and payment history.
• Generate accurate financial and operational reports covering sales collections, outstanding customer balances, revenue tracking, broker and sales commission calculations, and collection performance.
• Support automation of commission calculations, customer payment tracking, and invoice monitoring.

Qualifications & Experience

• Bachelor's Degree in Finance, Accounting, Commerce, or a related discipline.
• Professional qualification such as CPA, CA, ACCA, CMA, or equivalent will be an added advantage.
• Minimum 12–15 years of finance experience, including 5–8 years within a UAE Real Estate Developer organisation.
• Strong expertise in Sales Purchase Agreements (SPA) and developer finance operations.
• Hands-on experience with Salesforce CRM, ERP systems, and real estate financial systems.
• Strong experience in customer collections, receivables management, instalment payment plans, and revenue accounting.
• Proven experience in project accounting, escrow account management, treasury operations, and project cash flow management.
• Strong understanding of IFRS revenue recognition principles.
• Excellent analytical, leadership, communication, problem-solving, and stakeholder management skills.