Financial Manager – Real Estate Full Time NEW

Job Summary :

• Responsible for managing the financial aspects of a property or properties. Collects rent and ensures taxes, insurance, payroll, and maintenance bills are paid.

Job Description:

• Handle financial operations of the property.
• Collect rent.

Strategic Financial Planning & Investment:

• Develop and implement financial strategies to support the growth of the real estate portfolio.
• Lead the financial modeling and feasibility studies for new developments and acquisitions in the retail and industrial sectors.
• Secure project financing and manage relationships with banks and financial institutions.

2. Asset Management & Operations:

• Oversee the financial performance of Commercial Malls (revenue from leases, common area maintenance – CAM, and marketing funds) and Industrial Complexes.
• Monitor key performance indicators (KPIs) such as Net Operating Income (NOI), occupancy rates, and tenant turnover.
• Manage property tax, insurance, and regulatory compliance for large-scale industrial and retail assets.

3. Budgeting, Forecasting & Reporting:

• Direct the annual operating and capital budget preparation and monthly forecasting.
• Prepare comprehensive financial statements and performance reports for the Board of Directors and stakeholders.
• Analyze variance between actual performance and budgets to identify cost-saving opportunities.

4. Risk Management & Internal Controls:

• Establish and enforce robust internal control systems to safeguard company assets.
• Manage legal and financial risks associated with commercial leasing and industrial operations.
• Coordinate internal and external audits to ensure adherence to accounting standards (IFRS) and local tax regulations.

5. Leadership & Team Management:

• Lead and mentor the finance and accounting department, fostering a high-performance culture.
• Collaborate with the Leasing and Operations departments to optimize rent collection and service charge recoveries.