Finance Manager (Industrial, Trade, and Real Estate Finance)

The Finance Manager will be the lead financial strategist, responsible for all aspects of financial operations for a vertically integrated lighting business covering retail, projects, manufacturing, and real estate development. This critical role requires extensive hands-on experience in complex Trade Finance (e.g., Back-to-Back LCs), securing and managing specialized Real Estate Development Loans, and overseeing the financial operations and industrial loans related to the lighting manufacturing facility.

Key Responsibilities

1. Trade Finance & Working Capital Management

• Complex LC Management:
• Oversee the entire lifecycle of Letters of Credit (LCs), with specific expertise in structuring and executing Back-to-Back LCs and Transferable LCs to facilitate complex international trading and supply chain needs.
• Ensure all LC transactions comply strictly with UCP 600 and ISBP standards to eliminate discrepancies.
• Manage risk associated with foreign exchange and commodity price fluctuations for imported goods and raw materials.
• Bank Facilities:
• Manage and optimize all short-term bank facilities, including Trust Receipts (TRs), Bills Discounting, and overdrafts, optimizing working capital for the retail inventory cycle and project-based purchasing.
• Negotiate terms for and administer all revolving credit lines and term loans related to the business's operational needs.

2. Real Estate Development & Asset Financing

• Development Loan Management:
• Lead the preparation of financial proposals and documentation required to secure Real Estate Development Loans for new properties (e.g., retail showrooms, warehouse expansion, or residential/commercial investment projects).
• Oversee drawdowns, interest calculations, and compliance with loan covenants throughout the development phase.
• Feasibility & Valuation:
• Conduct comprehensive financial modeling, ROI analysis, and risk assessment for all potential real estate investments and development ventures.
• Manage the financial reporting and statutory valuation of the company's real estate portfolio.

3. Manufacturing & Industrial Finance

• Industrial CapEx Loans:
• Secure and manage long-term financing and structured loans for the acquisition of major manufacturing equipment, machinery, and factory construction/expansion.
• Develop and manage Capital Expenditure (CapEx) budgets focused on enhancing lighting production efficiency.
• Cost Accounting:
• Supervise cost accounting activities within the manufacturing unit, focusing on product costing, standard vs. actual cost variances, and monitoring direct labor and overhead recovery rates.

4. Core Financial Management & Compliance

• Oversee cash flow forecasting, budgeting, and financial reporting (P&L, Balance Sheet, Cash Flow Statement) for all business segments (Retail, Projects, Manufacturing, Real Estate).
• Ensure rigorous compliance with all local financial regulations, tax laws, and corporate governance standards.

Qualifications

Education & Experience

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• A professional qualification (CPA, ACCA, CMA, CFA) is highly desirable.
• Minimum of 8 years of progressive experience in finance, which must include:
• Proven, hands-on expertise in complex Trade Finance (Back-to-Back LCs).
• Experience in securing and managing Real Estate Development and Industrial/CapEx Loans.
• A background in managing the finances of either a manufacturing operation or a project-based business.

Skills & Competencies

• Expert Trade Finance Knowledge: Deep understanding of UCP 600, ISBP, and the practical execution of complex LC structures.
• Industrial & Property Finance Acumen: Proven ability to model, structure, and manage both long-term factory loans and short/medium-term property development financing.
• Cost Management: Strong grasp of manufacturing cost principles and inventory accounting.
• Communication & Negotiation: Exceptional ability to negotiate financial terms with multiple banking partners and communicate complex financial concepts to non-financial stakeholders.

send your cv to logistics@alshulah.com

Job Type: Full-time