Finance Operations Manager

Section I: Job Purpose

The role holder will lead the core finance operations for the development and sales business, with responsibility for financial controls, project-level accounting oversight, cash flow management, compliance, treasury coordination, GL/AR/AP control, and lead system implementations with respect to Sales, Revenue and Project Costing.

Section III: Key Responsibilities

Finance Operations and Reporting

• Oversee day-to-day finance operations including GL, AP, AR, FA, revenue recognition, and cost allocations.
• Ensure accurate and timely month-end and year-end closing activities including intercompany, sub-GL to GL reconciliations, including in-depth review of balance sheet accounts.
• Control and monitor bank guarantees and security cheques
• Coordinate preparation of financial statements and its relevant schedules, and management reports for development projects in coordination with FP&A team.
• Take ownership of revenue and cost recognition across projects as per requirements of IFRS 15/16, including milestone billing, accruals and completion accounting.
• Preparation of departmental policies and procedures.
• Coordinate with external auditors for annual audits.

Development Project Accounting

• Track and manage development budgets, funding drawdowns, and cost-to-complete schedules.
• Review and approve project cost reports, consultant payments, and contractor billings.
• Partner with Development teams to align project progress and accurate costing in PMS.
• Maintain WIP schedules and capital expenditure reporting.
• Control project budget, change requests, agreed value of instructions and actual costs.

Systems and Process Implementations

• Lead the implementation of Built-to-Sell platform in Salesforce for finance related processes
• Lead the implementation of Oracle Project Costing and its integration with Oracle PMIS
• Implement Oracle RMCS to automate revenue recognition processes for Built-to-Sell portfolio in close co-ordination with FP&A Team with focus on integration with Salesforce and Project Management tool.
• Spearhead the implementation of Oracle Risk Management Cloud for compliance monitoring, risk assessment and instilling adequate control framework
• Lead the implementation of a robust treasury management solution such as Kyriba / FIS
• Suggest improvements and advancement in existing technologies for process improvements and efficiencies, including Oracle Agentic AIs.
• Setup new entities in Oracle and transfer balances as required.

Governance, Risk & Compliance

• Maintain strong internal controls and ensure compliance with accounting standards, tax, and regulatory requirements.
• Liaise with external auditors, tax advisors, and other third parties as needed.
• Support finance-related due diligence for acquisitions, disposals, and joint ventures.
• Ensure financial documentation and agreements are aligned with business structures and risks.

Strategic Finance Support

• Assist in entity structuring, intercompany funding flows, and tax-efficient arrangements in collaboration with tax and legal teams.
• Support financial aspects of sales contracts, deposit tracking, and revenue recognition.
• Provide financial input into commercial negotiations and investment decisions.

People Management

• Provide leadership within the function by establishing individual goals, overseeing performance management, cultivating team growth, delivering both formal and informal feedback, and conducting performance and talent evaluations.
• Build and promote an organization culture that encourages innovation and reward performance that leads to enhanced staff motivation and retention.

Section V: Qualifications, Experience & Skills

Minimum Qualification:

• Bachelor’s degree in finance, Accounting or master’s degree in finance or accounting.
• An accounting expert with either a CA or ACCA certification is required.

Experience:

• Minimum 10+ years of experience and prior experience in a managerial role often required, demonstrating leadership and team management skills.
• Previous employment history with a Big 4 accounting firm is mandatory.
• Experience in using Oracle EBS or Oracle Fusion.
• In-depth knowledge of IFRS and budgeting is essential.
• Experience in real estate development, asset management, and/or construction.
• Track record of successful finance system implementation and automation experience will be given preference.

Skills:

• Proficiency in financial software and tools, such as Enterprise Resource Planning (ERP) systems (e.g., Oracle, SAP), financial planning software (e.g., Hyperion, Oracle PBCS), Salesforce, and business intelligence tools (e.g., Power BI, Tableau).
• Advanced Excel skills, including financial modeling, data analysis, and pivot tables.
• Knowledge of accounting principles (especially IFRS 9, 15 and 16), financial analysis techniques, and reporting standards.
• Strong analytical and problem-solving abilities, with attention to detail and accuracy.
• Excellent communication skills, both written and verbal, with the ability to convey complex financial information clearly and effectively to various stakeholders.
• Leadership and interpersonal skills, including the ability to lead and develop a team, collaborate with cross-functional teams, and influence decision-making.
• Time management and organizational skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Adaptability and resilience, with the ability to thrive in a dynamic and evolving business environment.