Finance Manager
2 days ago
KBH Real Estate Development is seeking a highly skilled Finance Manager – Treasury & Project Finance to drive financial leadership within our development portfolio. The ideal candidate will have deep experience in real estate development or tower/multi‑phase projects in the UAE, and a proven ability to manage liquidity, financing, and banking relationships for large‑scale property developments.
Key Responsibilities:
· Oversee daily cash operations and treasury management tied to property development projects, ensuring optimal liquidity and timely funding across project milestones.
· Monitor and forecast short‑ and long‑term cash flows, aligned with development schedules, and optimize capital allocation, working closely with Project, Procurement and Operations teams.
· Build and manage strong relationships with banks, lenders and financial institutions; negotiate and manage facilities, escrow and TAS accounts, and secure favorable financing and terms.
· Prepare accurate cash‑flow forecasts, MIS reports, project cost vs budget analysis, and development profitability reviews for management and board level.
· Ensure strict compliance with UAE real‑estate and financial regulations including VAT, Corporate Tax, escrow requirements, and IFRS accounting for property developments.
· Implement and maintain treasury/control policies, lead documentation for audits and regulatory reviews, and support internal and external audits.
· Drive continuous improvement of treasury and finance processes and systems (ERP/Oracle/SAP), and collaborate cross‑functionally with Legal, Project, Sales and Finance teams.
· Mentor and guide junior finance staff, strengthen the finance team capabilities, and promote a culture of accuracy, accountability, and strategic thinking.
Qualifications & Skills:
· Bachelor's degree in Accounting, Finance or related field; MBA or professional certification (CA/CPA/ACCA) preferred.
· –12 years' experience in finance within real‐estate development, property or construction sector in the UAE (treasury, project finance, banking).
· Strong knowledge of development finance, project accounting, cash‑flow modelling, cost control and profitability tracking for property/development projects.
· Deep understanding of UAE property developer regulatory frameworks: escrow accounts, TAS, VAT, Corporate Tax.
· Proficiency in ERP/financial systems (Oracle, SAP or equivalent), advanced Excel/data analysis, and treasury management tools.
· Excellent analytical, negotiation and stakeholder‑management skills; ability to collaborate across functions and communicate financial insight to senior management.
· Proven ability to lead/process improvement initiatives and build strong cross‑functional relationships.
FinanceManager #ProjectFinance #TreasuryManagement #RealEstateFinance #CashFlow #DevelopmentFinance #AjmanJobs #UAEJobs #PropertyDevelopment #FinanceLeadership #KBHRealEstate #HiringNow-
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