Review of the group‑wide consolidation of financial statements, ensuring full compliance with IFRS and real estate–specific reporting requirements.
Review and reconcile intercompany transactions, project‑level allocations, and eliminations as part of the consolidation process.
Conduct detailed variance analysis on consolidated and project‑level financial statements, highlighting trends, risks, and development‑cycle insights.
Reviewing the day to day operations of the subsidiaries and the projects SPV.
Oversee Corporate Income Tax (CIT) compliance for the real estate division.
Track and report on project level financial performance, including development budgets, construction costs, land payments, and consultant fees.
Support feasibility assessments by providing financial inputs for IRR, NPV, cash flow projections, and scenario analysis for new and ongoing developments.
Coordinate with project management, commercial, and development teams to ensure alignment be-tween financial forecasts and project progress.
Monitor escrow accounts, RERA related compliance / ADGM compliances and ensure proper accounting treatment for off plan sales, milestone based revenue, and cost to complete calculations.
Assist in the preparation of annual budgets, rolling forecasts, and long range financial plans for the re-al estate division.
Monitoring the specific projects borrowing, experiences in coordinating with banks with related to the term sheet etc.
Perform variance analysis comparing actuals to budget, highlighting deviations related to construction progress, sales performance, and financing costs.
Provide financial insights to support pricing strategies, project phasing, and capital allocation decisions.
Support internal and external audits by preparing required schedules, reconciliations, and documentations related to group consolidation, standalone financials, and project accounting.
Respond to audit queries and ensure timely closure of audit findings.