Urwah Admin

Avana Companies

<div>We have an immediate full-time opportunity for a driven Commercial Real Estate (CRE) Loan Processor &amp; Closer with a desire to grow professionally.
The CRE Loan Processor &amp; Closer will primarily be responsible for working directly with the borrower&rsquo;s loan representative(s) to obtain the necessary borrower, guarantor, and property information to prepare the loan file for underwriting and closing, works with third-party vendors to obtain satisfactory reports and coordinates loan closing with legal counsel. The Loan Processor &amp; Closer also performs basic financial statement analysis and assists with data entry for credit decisions.
As part of the AVANA team (www.avanacompanies.com), we will provide you training in U.S. real estate lending and pair you with experienced U.S.-based team members to ensure you have the support needed to succeed.
We will train you to provide great customer service and build strong client relationships, following AVANA&rsquo;s core values: Putting People First, Doing the Right Thing, Taking the Lead, Making an Impact, and recognizing that Excellence is a journey.
Duties and Responsibilities
Collection of Borrower and Property Information (40%)
<ul><li>Provides excellent customer service to Business Development Officers (BDOs), borrowers, underwriters, and other loan stakeholders.
</li><li>Works directly with the loan representative to obtain the necessary borrower, guarantor, and property information for the loan file.
</li><li>Works with third-party vendors to obtain reports, such as appraisal, environmental, title, credit, property condition assessment, engineering, and others as needed.
</li><li>Prepares and distributes correspondence to others involved in the loan transaction.</li>
<li>Ensures items are received and reviewed in a timely fashion to support an expedient loan process for all involved.</li>
</ul>
Verification of Loan Information (10%)
<ul><li>Maintains the integrity of the loan file by ensuring that information provided is complete and accurate.
</li><li>Ensures that documentation contains the appropriate signatures.
</li><li>Reviews borrower information for consistency.</li>
<li>Follows up on items that require additional action.
</li><li>Interprets file contents in an effort to anticipate problems that would otherwise arise in underwriting.
</li><li>Applies independent judgment to proactively take action on leading indicators and &ldquo;red flags&rdquo; to ensure potential problems are resolved as early as possible in the lending process.</li>
</ul>
Loan Closings (50%)
<ul><li>Verifies that all required loan and credit committee approvals are obtained.</li>
<li>Acts as the primary point of contact between the borrower, lender, external counsel, title companies, and escrow agents.</li>
<li>Coordinates and manages the collection of due diligence materials, such as title searches, appraisals, environmental reports, surveys, and zoning verifications.</li>
<li>Maintains consistent communication with BDOs, underwriters, and credit analysts to ensure smooth progression towards closing.</li>
<li>Works with external legal counsel to ensure timely preparation of loan documents, including promissory notes, mortgages, deeds of trust, security agreements, and guarantees.</li>
<li>Reviews drafts of loan documents for accuracy, ensuring compliance with lender policies and legal requirements.</li>
<li>Serves as a liaison between legal counsel and internal teams (e.g., underwriting, compliance) to address any document-related concerns.</li>
<li>Ensures external counsel reviews and approves title commitments and ensures all necessary endorsements and policies protect the lender&rsquo;s interest.</li>
<li>Liaises with external legal counsel to resolve complex title, insurance, or compliance issues.</li>
<li>Works with internal and external teams to clear any exceptions (e.g., title or insurance issues).</li>
<li>Coordinates with title companies and escrow agents to ensure all necessary documents are ready for closing.</li>
<li>Ensures all pre-closing conditions set by the underwriting team are satisfied before the loan is approved for closing.</li>
<li>Works with the internal insurance specialist to ensure that insurance requirements are met by the borrower, including hazard, liability, and flood insurance where applicable.</li>
<li>Coordinates with the accounting team for loan disbursement, ensuring funds are released in accordance with the loan agreement.</li>
<li>Reviews and approves final settlement statements to ensure that fees and loan proceeds are accurately reflected.</li>
<li>Manages escrow funding arrangements and ensures a smooth flow of funds at closing.</li>
<li>Addresses last-minute changes or updates to ensure the loan closes on time.</li>
<li>Ensures the proper recording of legal documents with relevant state or county offices, such as mortgages or deeds of trust.</li>
<li>Facilitates the collection and organization of post-closing documents (title policies, insurance certificates, recorded documents).</li>
<li>Tracks and reports on outstanding post-closing requirements.</li>
<li>Proactively identifies potential issues or delays during the closing process and works to resolve them quickly.</li>
<li>Maintains strong relationships with borrowers, attorneys, and third parties to ensure a positive closing experience.</li>
<li>Assists the BDOs and underwriters in managing client expectations and addressing any concerns regarding the closing process.</li>
<li>Ensures that the closing process complies with all federal, state, and local regulations.</li>
<li>Ensures all transactions meet Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.</li>
</ul>
Required Education and Experience/Skills:
<ul><li>Candidates with prior credit union, community, regional or national bank experience in relationship management, business development or sales will be given priority.</li>
<li>Bachelor&rsquo;s degree in finance, real estate, business administration or related field is preferred.</li>
<li>Courses or certifications in commercial real estate finance, mortgage banking, or legal studies related to real estate are an added advantage.</li>
<li>5+ years of experience in commercial real estate loan closings or a related field (such as real estate law, title, or escrow services).</li>
<li>Familiarity with commercial real estate transactions, including acquisition loans, refinancing, bridge loans, or construction loans required.</li>
<li>Thorough understanding of business financial statements, business and personal tax returns and credit required; and ability to prepare proposals and credit summaries for management review.</li>
<li>Experience working with external legal counsel, title companies, and third-party vendors like appraisers and surveyors.</li>
<li>Knowledge of loan documentation (e.g., promissory notes, deeds of trust, mortgages) and related legal and regulatory requirements.</li>
<li>Familiarity with due diligence processes, including title searches, appraisals, environmental reports, and insurance reviews.</li>
<li>Understanding of local, state, and federal laws related to commercial real estate transactions.</li>
<li>Experience with document management systems and the ability to manage digital workflows.</li>
<li>Excellent communication skills, both verbal and written, to liaise effectively between internal teams, external counsel, borrowers, and third parties.</li>
<li>Strong relationship management skills to build rapport with borrowers and stakeholders.</li>
<li>Ability to explain complex legal or financial concepts to non-experts in a clear and concise manner.</li>
<li>Strong attention to detail in reviewing documents, reports, and closing checklists.</li>
<li>Ability to multi-task and manage multiple closings simultaneously, often with tight deadlines.</li>
<li>Well-developed problem-solving skills to address closing issues or resolve discrepancies efficiently.</li>
<li>Ability to interpret financial documents, appraisals, and legal agreements to ensure that all closing conditions are met.</li>
<li>Analytical thinking to identify potential risks or issues in the closing process and proactively address them.</li>
</ul>
Desired Characteristics
<ul><li>Positive and professional attitude.</li>
<li>Self-motivated.</li>
<li>Team oriented, demonstrates a willingness to assist other members of the company.</li>
<li>Detail-oriented with the ability to spot inconsistencies or issues in legal and financial documents.</li>
<li>Adaptability and flexibility, given the dynamic nature of real estate transactions where issues may arise unexpectedly.</li>
</ul>
What we have to offer
<ul><li>Competitive salary and benefits package</li>
<li>Ample opportunities for growth and self-development
</li><li>Opportunities for professional development and advancement</li>
<li>Collaborative and inclusive work environment with international exposure</li></ul></div>

Loan Processor & Closer

<div>Mission:
As a Junior/ Senior Accountant, your mission is to oversee and manage the financial activities of the organization, ensuring accuracy, compliance, and transparency. You will be responsible for overseeing daily treasury operations, cash management, ensuring optimal cash flow management, mitigating financial risk, and compliance with financial regulations. Additionally, you will contribute to financial planning and analysis by providing insights and recommendations.
Core Competencies:
<ul><li>Cash Management and Treasury</li>
<li>Accounting and Reporting</li>
<li>Analytical Thinking</li>
<li>Cost Management/Internal Controls Assessment</li>
</ul>
Key Performance Indicators:
<ul><li>Achieve a forecast accuracy rate of 90% for short-term cash flows.</li>
<li>Ensure compliance with financial reporting standards and achieve a zero-error rate in financial reports.</li>
<li>Cash reconciliations and coordination within team for treasury function.
</li><li>Develop dashboards to measure the drivers of business performance, financial and cash forecasts and provide insight to team</li>
<li>Be able to put together an efficient way of cash forecasting and close to real-time reporting to management</li>
<li>Funding Liquidity management</li>
<li>Detailed accounting for all borrower collections and interest remittances to investors</li>
<li>Accuracy of financial transactions, including weekly cash reports, liquidity forecasts, calculations and payment processing.</li>
<li>Accuracy of financial data input and reconciliation.</li>
</ul>
Key Responsibilities:
Cash and Liquidity Management:
<ul><li>Monitor daily cash positions and forecast short-term and long-term cash requirements.</li>
<li>Execute cash management strategies to optimize liquidity while minimizing idle cash balances.</li>
<li>Coordinate with internal departments to ensure timely funding for operational needs.</li>
<li>Evaluate investment opportunities and recommend investment strategies to maximize returns while managing risks.</li>
</ul>
Banking Relationships:
<ul><li>Manage relationships with banks and financial institutions.</li>
<li>Negotiate banking services, fees, and terms to optimize banking relationships.</li>
<li>Evaluate and recommend changes in banking partners as necessary.</li>
</ul>
Cash Flow Forecasting:
<ul><li>Develop accurate cash flow forecasts to support operational and strategic decision-making by collaborating with people across the organization.</li>
<li>Analyze variances between forecasted and actual cash flows and provide explanations and recommendations.</li>
</ul>
Risk Management:
<ul><li>Identify, assess, and mitigate financial risks, including interest rate risk, foreign exchange risk, and credit risk.</li>
<li>Develop risk management strategies to protect the organization's financial health.</li>
<li>Maintain compliance with regulatory requirements and internal policies related to treasury operations.</li>
<li>Ensure compliance with regulatory requirements, industry standards, and contractual obligations related to financial matters. Stay informed about changes in accounting standards, regulations, and best practices.</li>
</ul>
Financial Reporting and Analysis:
<ul><li>Prepare accurate and timely reports on treasury activities, including cash balances, investments, and debt. Be able to reconcile cash and book journal entries to support month end closing.</li>
<li>Develop Dashboards to provide in-depth financial analysis to support strategic decision-making and identify opportunities for cost reduction, revenue enhancement, or process improvement. Present findings to senior management to facilitate informed decision-making.</li>
<li>Collaborate with internal and external auditors to ensure compliance with financial reporting standards. Address audit findings and implement recommendations for improvement as necessary.</li>
<li>Communicate financial information effectively to stakeholders, including senior management, board of directors, investors, and external partners. Collaborate cross-functionally with other departments to support organizational goals and initiatives.</li>
</ul>
Internal Controls and Process Improvement:
<ul><li>Establish and maintain internal control procedures to safeguard company assets, prevent fraud, and ensure compliance with policies and regulations.
</li><li>Identify opportunities to streamline treasury processes and enhance efficiency, accuracy and scalability</li>
<li>Implement best practices and automation tools to improve accuracy and effectiveness.</li>
<li>Lead or participate in treasury-related projects to support business objectives.</li>
</ul>
Qualifications:
<ul><li>A bachelor's degree in accounting, finance, or a related field.</li>
<li>A master's degree or professional certification such as CPA (Certified Public Accountant), ACCA (Association of Chartered Certified Accountants), or CMA (Certified Management Accountant) may be preferred.</li>
<li>3+ years of relevant experience in accounting, finance, or auditing, Knowledge on Islamic finance or Shariah-compliant lending a plus.</li>
<li>Understanding of regulatory requirements and guidelines governing finance operations, including US accounting standards and local regulatory frameworks.</li>
<li>Excellent strategic thinking and problem-solving skills and attention to details</li>
<li>Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.</li>
<li>Strong business acumen and a deep understanding of organizational dynamics</li>
<li>Outstanding communication and interpersonal skills, with the ability to build relationships and influence others.</li>
<li>Demonstrated ability to work effectively with diverse teams and across all levels of an organization.</li>
<li>Proven track record of driving change and leading successful transformation initiatives</li>
</ul>
Important: Complete your job application using below link or the QR code attached in this job positng. 
https://avanacompanies.clearcompany.com/careers/jobs/7d63f6f3-8ba8-6952-c4bb-288d5cbff61b/apply?source=3064993-CS-53540</div>

Junior Accountant (Bahrain)

<div>We are seeking a Chief Financial Officer (CFO) to join our leadership team. The ideal candidate will be a strategic thinker with proven debt fund management, banking relations, and financial operations expertise. This role is critical in driving AVANA's mission to deliver exceptional value to our clients, investors, and stakeholders. The candidate will work very closely with CEO and will have the opportunity to take on a global role overseeing all offices.
Key Responsibilities:
<ul><li>Develop and execute the company's financial strategy, ensuring alignment with AVANA's mission and goals.</li>
<li>Oversee debt fund management, structuring, and performance optimization.</li>
<li>Establish and nurture robust relationships with banks, credit unions, and institutional lenders to obtain competitive financing.</li>
<li>Lead financial planning, forecasting, and budgeting processes. Must have prior experience in creating and monitoring budgets across various business units.
</li><li>Ensure compliance with SEC regulations and learn the Saudi Central Bank's banking standards and financial reporting requirements.</li>
<li>Work collaboratively with the Chief Executive Officer (CEO) to develop and implement strategies for raising capital from various sources, including banks, lines of credit, and institutional investors in the Middle East and the USA.</li>
<li>Establish and maintain appropriate fund structures that align with regulatory requirements and investor expectations.</li>
<li>Ensure compliance with all legal, regulatory, and reporting obligations related to fund operations.</li>
<li>Manage cash flow and liquidity to support operational and strategic initiatives.</li>
<li>Monitor and mitigate financial risks, including interest rate, credit, and regulatory exposures, and oversee tax strategy.</li>
<li>Implement robust internal controls and oversee audit processes to ensure the security of company assets.</li>
<li>Understand private credit and direct lending at their core to effectively negotiate or discuss lines of credit and warehouse lines.</li>
<li>Mentor and develop the finance team to meet and exceed organizational objectives.</li>
<li>Collaborate with the CEO and management team to drive long-term growth and profitability.</li>
<li>Represent the company in investor meetings, board presentations, and stakeholder engagements.</li>
<li>Develop and nurture strong relationships with current and potential investors, prioritizing transparency and trust.</li>
<li>Oversee timely response to investor inquiries and manage communication regarding portfolio performance, strategy, and compliance updates.</li>
</ul>
Key Performance Indicators (KPIs)
<ul><li>Meet or exceed funding goals for Debt fund and Equity Capital jointly with the CEO</li>
<li>Establish specific capital raising objectives, such as successfully closing targeted funding rounds within predetermined timelines and the annual establishment and maintenance of new investor relationships.</li>
<li>Ensure compliance with lender covenants and maintain strong cash flow. Provide timely reporting to the warehouse lender, currently a bank in the USA.</li>
<li>Increase investor satisfaction and retention rates to over 90% by enhancing online financial reporting.</li>
<li>Zero significant non-compliance issues during regulatory audits or investor reviews.</li>
<li>Satisfactory employee engagement and satisfaction score within the finance team. Conducting quarterly training sessions or development initiatives.</li>
<li>Timely and accurate management reporting for internal and external stakeholders &ndash; shareholders, banks, investors and employees.
</li></ul>Qualifications:
<ul><li>MBA, CA, or CPA; must possess graduate-level education in finance and accounting.</li>
<li>Fluent in GAAP and IFRS accounting standards.
</li><li>Minimum 15 years of progressive experience in financial leadership roles.</li>
<li>Expertise in debt fund management, capital markets, lending, and portfolio oversight.</li>
<li>Proven track record of managing banking relationships and negotiating credit facilities.</li>
<li>Proven track record in raising capital, including experience with debt financing, equity fundraising, and working with institutional investors.</li>
<li>Hands-on experience setting up fund structures, including SPVs, trusts, and other investment vehicles.</li>
<li>Strong understanding of regulatory compliance related to financial services, fund management, and corporate governance in different jurisdictions.</li>
<li>Experience managing investor relations and leading due diligence processes with private equity firms, venture capitalists, and institutional investors.</li>
<li>Exceptional communication, leadership, and strategic planning skills.</li>
<li>Candidates must have fluency in English language.
</li><li>Candidates with previous experience in the Big 4 accounting firms in audit, tax, or advisory will be preferred.</li></ul></div>

Chief Financial Officer (CFO)

<div>Mission: 
The Compliance Officer will ensure the financial transactions, business activities and general operations adhere to the principles of Shariah law, including compliance oversight, policy development, auditing and risk management, stakeholder communication and ethical advocacy.
<div>Core Competencies: 
<ul><li>Regulatory Knowledge &amp; Ethical Conduct</li><li>Risk Management &amp; Compliance</li><li>Auditing &amp; Monitoring</li><li>Communication &amp; Interpersonal Skills</li></ul></div>
<div>Key Performance Indicators: 
<ul><li>The % of the organization's assets that comply with Sharia principles, including investments, financing activities, and other financial instruments that align with Islamic finance guidelines.</li><li>The amount of time taken to obtain approval from authorities for new financial products, contracts, or business activities.</li><li>Drafting, implementing and training of business operations procedures for new staff within 60 days of onboarding.</li><li>The # of findings from compliance audits or assessments and the % time taken to remediate any issues identified.</li><li>The accuracy and timeliness of regulatory reports submitted by the organization.</li></ul></div>
<div>Responsibilities: 
<ul><li>Ensures that the organization complies with all relevant laws, regulations, and industry standards applicable to its operations including AML, KYC requirements</li><li>Acts as primary liaison between the organization and regulatory authorities, industry associations, and other external stakeholders.</li><li>Scrutinizes contracts, agreements, and business practices to ensure they are free from interest (riba), uncertainty (gharar), speculation (maisir), and unethical investments.</li><li>Develops and implements policies and procedures that align with Shariah principles and regulatory requirements. This will involve creating guidelines for permissible investments, ethical business practices, and customer interactions that adhere to Islamic finance principles.</li><li>Monitors the organization's activities to detect any violations of laws, regulations, or internal policies. Investigates potential breaches, documenting findings, and reporting them to senior management and regulatory authorities as required.</li><li>Provides training and educational sessions to employees to ensure they understand Shariah compliance requirements and their implications for business operations.</li><li>Audits and monitoring activities to assess the organization's compliance with Sharia principles. This involves reviewing financial records, conducting on-site inspections, and investigating any potential breaches of Sharia compliance.</li></ul></div>
<div>Qualifications: 
<ul><li>Bachelor's degree in Business, Finance, or a related field. Master's degree preferred.</li><li>Professional Certificate in Islamic Finance (PCIF) Certification</li><li>Proven experience in a similar leadership role, with a track record of successfully implementing technology strategies.</li><li>Strong technical compliance and lending knowledge and understanding of legal requirements, regulations and Sharia Lending practices</li><li>Excellent leadership and management skills, with the ability to motivate and inspire a team.</li><li>Strong business acumen and the ability to align technology initiatives with organizational goals.</li><li>Exceptional problem-solving and decision-making skills, with a strong attention to detail.</li><li>Excellent communication and interpersonal skills, with the ability to effectively collaborate and communicate with stakeholders at all levels.</li><li>Proven ability to manage multiple projects and priorities in a fast-paced, dynamic environment.</li><li>Strong strategic thinking and planning skills, with the ability to anticipate and mitigate potential risks and challenges.</li></ul></div>
Note: This job description is not intended to be all-inclusive. The Compliance Officer may be required to perform other related duties as requested by the management team.</div>

Compliance Officer (Riyadh)

<div>VP of Operations
AVANA Companies (for Ezdaher Finance Company, KSA)
Location: Riyadh, Saudi Arabia
Mission:
The GM / VP Operations&rsquo; mission is to streamline operations, enhance efficiency, and drive sustainable growth, ultimately delivering exceptional value to our customers, stakeholders, and employees. Through effective leadership, collaboration, and innovation, aim to achieve operational excellence across all aspects of the business, ensuring alignment with organizational objectives and exceeding performance expectations.
Core Competencies:
<ul><li>Entrepreneurial</li>
<li>Responsive and Responsible</li>
<li>Data Driven decisioning</li>
<li>Sense of Humor
</li><li>Altruistic
</li></ul>Key Performance Indicators:
<ul><li>Support the growth of revenue base to $5MM by end of 2 years
</li><li>Support the growth of gross revenue rate per month to $250,000 per year</li>
<li>Top grade the entire organization (will outline a Budget)</li>
<li>Set up network of partners, referral sources and deal pipeline that generate $1MM in closed fee income per year.</li>
<li>Build a data department to serve the entire organization &ndash; data gathering, data cleaning and data integration (will outline a Budget)</li>
<li>Design and roll out financial literacy program for SMEs in Saudi (will outline a Budget)</li>
</ul>
Responsibilities:
<ul><li>Develop and implement strategies to drive operational excellence and achieve company goals</li><li>Oversee and manage the day-to-day operations of the organization, ensuring smooth and efficient functioning of all departments</li><li>Collaborate with the executive team to develop and execute the organization's strategic plan</li><li>Lead and inspire a diverse team, providing guidance, coaching, and support to foster a high-performance culture</li><li>Working with the Chief Compliance Officer, develops and implements policies and procedures that align with Shariah principles and regulatory requirements.
</li></ul><ul><li>Establish performance metrics and benchmarks to assess the efficiency and effectiveness of operations, including processes and procedures for the sales team and customer support</li></ul>
- Identify areas for improvement and implement solutions to optimize processes, increase productivity, and reduce costs 
<ul><li>Foster a culture of continuous improvement and innovation, encouraging employees to contribute ideas and initiatives</li><li>Build and maintain relationships with internal and external stakeholders, ensuring collaborative partnerships and effective communication</li><li>Ensure compliance with regulatory requirements and industry best practices</li><li>Monitor and analyze market trends, competitor activities, and technological advancements to identify opportunities and risks</li></ul>
Qualifications:
<ul><li>Bachelor's degree in Business Administration, Management, or a related field (Master's degree preferred)</li><li>Proven experience as a VP Operations or in a similar senior leadership role</li><li>Strong knowledge of operations management principles and practices</li><li>Exceptional leadership and management abilities, with a focus on driving results and operational excellence</li><li>Excellent strategic thinking and problem-solving skills</li><li>Strong business acumen and a deep understanding of organizational dynamics</li><li>Outstanding communication and interpersonal skills, with the ability to build relationships and influence others</li><li>Demonstrated ability to work effectively with diverse teams and across all levels of an organization</li><li>Proven track record of driving change and leading successful transformation initiatives</li><li>Ability to thrive in a fast-paced, dynamic environment</li></ul>
Note: This job description is not intended to be all-inclusive. The VP Operations may be required to perform other related duties as requested by the management team.</div>

General Manager, VP Operations (Riyadh)