Role Purpose:

The role holder is responsible for overseeing financial planning, budgeting, forecasting, delivering accurate financial analysis and improving the efficiency of financial reporting to enable informed strategic and operational decision-making.

Key Responsibilities:

• Provide strategic financial reporting to the management to identify key risk in operation, timely flagging the issue to the management in order to achieve high performance standards.
• Lead all FP&A activities for Built to sale Business (BTS) ensuring all the Board and committee presentation are prepared as per the requirement of management.
• Responsible for overseeing the preparation, analysis, and accuracy of financial statements, including income statements, balance sheets, and cash flow statements. Ensure these statements comply with accounting standards and provide an accurate depiction of the company's financial health.
• Strategic Default Management: The primary purpose is to devise and implement comprehensive strategies to identify, address, and resolve customer defaults across various real estate projects within Emaar.
• Default Analysis and Mitigation: Analyzing and understanding the underlying reasons for customer defaults is essential. This role focuses on conducting detailed root cause analyses and developing effective mitigation plans to reduce default rates and minimize financial impacts.
• Remediation Planning and Execution: Designing and overseeing the execution of detailed plans aimed at remediating customer defaults. These plans are structured to outline clear steps and actions to recover defaulted accounts while preserving positive customer relationships.
• Manages budgeting processes, collaborates with different teams to develop accurate financial forecasts, and contributes to strategic financial planning initiatives to ensure financial resources are effectively allocated and aligned with organizational goals.
• Review financial models and forecast assumptions to validate data accuracy and support scenario planning and decision-making.
• Collaborate with business unit heads and functional teams to align financial goals with operational drivers and enhance financial accountability.
• Present key financial metrics and insights to management to influence strategic initiatives and support proactive business steering.
• Submit monthly financial closing and reporting to ensure accurate and timely delivery of P&L, balance sheet, and cash flow statements.
• Facilitate the annual planning process by engaging with business units to produce aligned, data-backed financial forecasts.
• Ensure compliance with internal controls, policies, and external financial reporting requirements to uphold financial integrity.
• Improve planning and reporting processes and tools to drive automation, increase accuracy, and reduce cycle times across FP&A functions.
• Collaborate with cross functional team and external stakeholders to align financial priorities and reporting expectations.
• IFRS, Corporate tax, ICFR Compliance: Ensures adherence to International Financial Reporting Standards (IFRS) and other relevant accounting standards, corporate tax and ICFR related regulation. Stays updated with changes in these regulations and implements necessary adjustments to maintain compliance in accounts and reporting perspective.

Qualification:

• CA, CPA or CFA and relevant bachelors/ masters degree in finance/accounting.

Experience:

• A minimum of 10 years of relevant experience with at least 5 years within the real estate or property development industry, with a strong understanding of development project finances.
• Prior experience in corporate finance within a large public organization.
• Proficiency in Financial Statements analysis, Data Analysis & Reporting, Budgeting, and Forecasting techniques
• Strong knowledge of Financial Modeling, Internal Controls, Audit Methodologies, IFRS compliance, corporate tax and ICFR related compliance and regulation.