Finance Manager (Real Estate)

About the role

Key requirements

• Minimum eight years of real estate financial and accounting experience.
• At least five years of operational management experience in large-scale residential or mixed-use developments in KSA or the GCC.
• Degree in Finance, Accounting, or Business Administration is required.
• Deep knowledge of ZATCA requirements, including VAT, e-invoicing, WHT, and Zakat.
• Working knowledge of IFRS, REGA guidelines, and property management systems such as Yardi, Yarn, or similar.
• Strong stakeholder management experience with owners, auditors, and regulatory authorities.
• Fluent written and spoken English; Arabic proficiency is highly valued.
• CPA, ACCA, CMA, or equivalent professional accreditation is strongly preferred.

Financial leadership and reporting

• Oversee financial operations for a residential community with more than 1,100 units.
• Prepare monthly management accounts, quarterly financial statements, and annual audited accounts.
• Maintain open-book financial records and lead budgeting, forecasting, and variance analysis.

Revenue and cost control

• Direct rent billing, collections, revenue reconciliation, utility sub-metering, rebilling, and deposit management.
• Prepare revenue forecasts and rent benchmarking reports and monitor non-residential revenue streams.
• Develop operating and capital budgets, control expenditure, support procurement, and drive cost efficiency.

Compliance and governance

• Ensure compliance with Saudi tax regulations and statutory filing requirements.
• Maintain segregated accounts and financial controls and implement policies, procedures, and approval workflows.
• Coordinate internal and external audits and provide comprehensive documentation.

Team and strategic contribution

• Lead and develop the finance team, including collection specialists and finance officers.
• Collaborate with facilities, property, leasing, and operations teams on invoices, planning, and tenant accounts.
• Provide financial insights, support asset-value and operational-efficiency initiatives, contribute to ESG reporting, and deliver ad hoc analysis.

Skills and competencies

• Advanced Microsoft Excel skills, including financial modeling, pivot tables, and advanced formulas, plus PowerPoint proficiency.
• Strong analytical, problem-solving, communication, organizational, accuracy, transparency, and integrity skills.
• Ability to work under pressure and meet tight reporting deadlines.

Location and employment

• Location: Riyadh, Kingdom of Saudi Arabia.
• Employment type: Full-time and on-site.