Chief Financial Officer (CFO) – Real Estate Development

Job Purpose:

The Chief Financial Officer (CFO) will lead the Group’s financial strategy, planning, reporting, and risk management, ensuring strong financial performance, sustainable growth, and effective capital allocation across real estate development projects. The role requires proven experience working with a real estate developer , with strong expertise in project finance, cash flow management, investment evaluation, budgeting, and financial governance.

Key Responsibilities:

A. Financial Strategy & Leadership

• Develop and implement the Group’s financial strategy aligned with business objectives and expansion plans.
• Advise the CEO, Board, and senior management on financial performance, investments, and strategic business decisions.
• Lead the Finance, Accounting, Treasury, and Financial Planning & Analysis (FP&A) functions.

B. Real Estate Project Finance

• Oversee financial planning and feasibility analysis for property development projects, including residential, commercial, and mixed-use developments.
• Evaluate project budgets, development costs, expected returns, profitability, and investment viability.
• Monitor project cash flows, funding requirements, construction costs, and financial commitments throughout the project lifecycle.
• Assess project financing options, debt structures, and capital allocation strategies.

C. Budgeting, Forecasting & Financial Reporting

• Lead annual budgeting, financial forecasting, business planning, and variance analysis.
• Prepare and present financial statements, management reports, cash flow forecasts, and financial performance dashboards.
• Monitor key financial KPIs, project profitability, margins, and return on investment.
• Ensure accurate and timely financial reporting in accordance with applicable IFRS and UAE regulations.

D. Treasury, Banking & Fundraising

• Manage banking relationships, credit facilities, project financing, and working capital requirements.
• Oversee liquidity planning, cash management, debt servicing, and funding strategies.
• Negotiate financing terms with banks and financial institutions to support development projects.

E. Financial Controls, Tax & Compliance

• Establish robust internal financial controls, governance frameworks, and risk management procedures.
• Ensure compliance with UAE corporate tax, VAT, IFRS, and other applicable regulatory requirements.
• Oversee audits, statutory reporting, financial policies, and coordination with external auditors and advisors.

F. Investment & Commercial Analysis

• Evaluate new development opportunities, land acquisitions, joint ventures, and strategic investments.
• Conduct financial due diligence, investment appraisals, sensitivity analysis, and scenario planning.
• Collaborate with Development, Sales, Procurement, Projects, and Legal teams to optimize costs and maximize returns.

G. Team Management

• Lead, mentor, and develop the Finance and Accounts team.
• Drive process improvements, financial automation, and effective ERP-based financial reporting.
• Present financial insights and recommendations to senior management to support business growth.

Essential Qualifications & Experience:

• Bachelor’s degree in Finance, Accounting, Commerce, or a related discipline; CA, ACCA, CPA, or equivalent professional qualification is strongly preferred.
• MBA in Finance or a relevant postgraduate qualification is an advantage.
• Minimum 15–20 years of progressive finance experience, including substantial senior leadership experience.
• Previous experience as CFO, Finance Director, Head of Finance, or in a comparable senior finance leadership role within a real estate development company.
• Strong understanding of real estate development financial models, project feasibility, development budgets, project cash flows, and investment returns.
• Proven experience in project financing, banking facilities, treasury management, budgeting, forecasting, and financial reporting.
• Strong knowledge of IFRS, UAE VAT, UAE Corporate Tax, audit requirements, and financial governance.
• Experience managing large finance teams and working directly with CEOs, Boards, investors, and banking institutions.
• Proficiency in ERP systems and advanced financial modelling and analytical tools.

Pay: From AED50,000.00 per month

Application Question(s):

• What is your current salary ?
• Which Real Estate Developer (In-House experience) you have ?
• What is your Salary expectation?

Work Location: In person