Manager – Accounts and Finance

As a key partner to the development and sales teams, you will provide the robust financial modeling and cash flow optimization necessary for timely and successful project execution.

Vacancy Overview

• Job Identification: 8905

• Category: Accounts & Finance

• Location: Jebel Ali South, Dubai, AE

• Schedule: Full-time, Permanent

• Apply Before: 31/03/2026, 05:30 AM

• Posting Date: 27/02/2026

Key Responsibilities

1. Project Feasibility & Investment Analysis

• Financial Modeling: Build and maintain detailed models for residential, commercial, and mixed-use projects.

• Investment Metrics: Conduct comprehensive feasibility studies focusing on IRR, NPV, development margins, and sensitivity analysis.

• Scenario Planning: Perform complex analysis based on UAE market absorption rates, pricing trends, and cost escalations.

2. RERA & Escrow Compliance

• Regulatory Adherence: Ensure full compliance with the Dubai Land Department (DLD) and Real Estate Regulatory Agency (RERA).

• Escrow Management: Manage project escrow accounts in accordance with Law No. 8 of 2007, monitoring construction progress certifications for fund withdrawals and coordinating with trustees.

3. Budgeting & Cost Control

• Development Budgets: Manage budgets covering land, construction, consultant fees, and marketing.

• Monitoring: Perform cost-to-complete analysis and track contractor certifications and progress payments alongside Quantity Surveyors.

4. Cash Flow & Revenue Management

• Forecasting: Align project cash flow forecasts with construction milestones.

• Revenue Tracking: Monitor off-plan sales collections, SPA payment schedules, and manage VAT implications on real estate transactions.

• Liquidity: Ensure adequate liquidity is maintained across all project SPVs.

5. Reporting & IFRS Compliance

• Financial Standards: Ensure strict adherence to IFRS 15 (Revenue Recognition) and other relevant standards.

• Analysis: Prepare monthly MIS, project performance reports, and feasibility vs. actual variance analysis for senior management.

Qualifications & Experience

• Certification: Chartered Accountant (CA) or an equivalent professional qualification.

• Experience: 7–12 years of real estate development finance experience specifically within the UAE.

• Technical Skills: * Advanced Excel financial modeling (mandatory).

  • Proficiency in ERP systems such as Oracle and Kyriba.

  • Experience in multi-project portfolio management and Joint Venture (JV) structuring.

• Regulatory Knowledge: Deep understanding of UAE RERA, Escrow regulations, and VAT.

Key KPIs

• Achieving Target Project IRR & Gross Development Margin (GDM).

• Maintaining budget variance within approved limits.

• Zero penalties for Escrow or RERA non-compliance.

• High Cash Flow Adequacy Ratio across the portfolio.

How to Apply

If you are a finance professional with a background in UAE real estate development and high-level compliance management, please submit your application for Job ID 8905 before the deadline of 31 March 2026.

more jobs