Position Title: Finance Manager – Property Development
Industry: Property Development & Real Estate
Location: Karachi, Pakistan
Employment Type: Full-time
Job Overview
Emirates Talent Solution is seeking a Finance Manager for a leading property development and real estate company based in Karachi. The ideal candidate will bring 7–10 years of solid experience in finance and accounting, with a proven background in the real estate or property development sector.
The Finance Manager will be responsible for overseeing day-to-day financial operations, ensuring regulatory compliance, managing cash flow and budgeting, and providing strategic financial insights to support the company’s growth and profitability.
Key ResponsibilitiesFinancial Planning & Analysis
- Prepare annual budgets, forecasts, and financial models aligned with business objectives.
- Monitor financial performance, analyze variances, and provide insightful recommendations to management.
- Support senior leadership with timely and accurate financial reports for strategic decision-making.
Financial Reporting & Compliance
- Oversee the preparation of balance sheets, profit & loss statements, and cash flow reports.
- Ensure compliance with IFRS and all local financial regulations.
- Manage audit processes, liaising with external auditors and ensuring transparent reporting.
Cash Flow & Treasury Management
- Manage daily cash flow and banking operations to ensure adequate liquidity for ongoing and new projects.
- Oversee loan payments, reconciliations, and treasury functions.
- Develop and maintain cash flow forecasts to support property investments and financial planning.
Cost Control & Risk Management
- Implement cost-control initiatives to enhance financial efficiency.
- Identify and mitigate financial risks through effective internal controls.
- Monitor project-related expenditures to ensure adherence to approved budgets.
Team Supervision
- Lead, mentor, and develop junior accountants and finance team members.
- Provide training on accounting practices, reporting standards, and ERP systems.
- Collaborate with cross-functional teams to streamline accounting and reporting processes.
Taxation & Regulatory Compliance
- Ensure full compliance with corporate tax, VAT, and other local financial regulations.
- Oversee tax filings and audits, and coordinate with consultants and government authorities.
- Stay updated with changes in Pakistan’s tax and real estate regulatory framework.
Key RequirementsEducation
- Bachelor’s or Master’s degree in Finance, Accounting, or a related field.
Certifications
- CA, ACCA, CPA, or CMA (qualified or part-qualified preferred).
Experience
- 7–10 years of progressive experience in finance and accounting.
- At least 3–5 years in a mid-to-senior finance role within property development or real estate.
Technical Skills
- Proficiency in ERP/accounting systems (QuickBooks, SAP, or equivalent).
- Strong understanding of IFRS, local tax laws, and financial compliance.
- Hands-on experience in budgeting, financial reporting, and reconciliations.
Soft Skills
- Excellent leadership, analytical, and problem-solving abilities.
- Strong communication and stakeholder management skills.
- Highly organized, with the ability to meet deadlines and thrive in a fast-paced environment.
Job Type: Full-time
Pay: Rs150,000.00 - Rs300,000.00 per month
Ability to commute/relocate:
- Karachi: Reliably commute or planning to relocate before starting work (Required)
Application Question(s):
- What is your current salary?
- What is your expected salary?
Experience:
- property development: 7 years (Required)
Language:
- English (Required)
- Urdu/Hindi (Preferred)
Work Location: In person