Finance Manager (Real Estate)

Job TitleFinance Manager – Real EstatePosition OverviewWe are seeking an experienced and commercially focused Finance Manager to oversee the organisation's finance operations while supporting the commercial, sales, and customer lifecycle within a real estate environment. The ideal candidate must have strong UAE experience in real estate development, with excellent knowledge of Sales Purchase Agreements (SPA), CRM systems, Salesforce, escrow management, project accounting, revenue recognition, customer collections, and financial reporting.The successful candidate will work closely with the Sales, CRM, Legal, Customer Service, and Project teams to ensure financial accuracy throughout the customer journey—from booking through handover.Key Responsibilities1. Sales Purchase Agreement (SPA) ManagementReview and validate Sales Purchase Agreements (SPA) before execution.Ensure SPA financial terms align with approved pricing, payment plans, and company policies.Monitor customer payment schedules as per SPA milestones.Coordinate with Legal and Sales teams on SPA amendments and financial implications.Verify booking amounts, instalment schedules, rebates, incentives, and discounts.Support contract cancellations, transfers, and SPA revisions.Ensure proper revenue recognition based on executed SPAs.2. CRM & Sales Accounting CoordinationWork closely with Salesforce CRM or similar real estate systems to monitor sales transactions and customer payment statusReconcile CRM sales data with accounting records and ERP systemsTrack instalment schedules, booking status, and customer payment historyGenerate financial and operational reports related to:Sales collectionsOutstanding balancesBroker/agent commissionsRevenue trackingCoordinate with sales, collections, and finance teams to ensure data accuracySupport automation and tracking of commission calculations and invoice monitoring3. Customer Collections & ReceivablesTrack customer receivables including booking amounts, instalment collections, and post-handover paymentsMonitor overdue payments and coordinate with collection teams for follow-upMaintain proper documentation for all customer financial transactionsPrepare aging reports for customer receivables and payablesPerform customer and vendor account reconciliations regularly4. Finance and Project Escrow Account ManagementLead the overall finance and accounting function of the organisation.Monitor profitability, project performance, and cash flow.Provide financial insights and recommendations to senior management.Monitor escrow accounts and project cash movements.Monitor development expenditure and project cash utilisation.Monitor project cash flow and operational fund requirementsAssist in payment processing and fund allocationReview payment approvals and treasury operations.Coordinate with banks regarding project financing and guarantees.5. VAT & UAE ComplianceEnsure proper VAT treatment for real estate transactions in accordance with UAE regulationsVerify supplier invoices and tax invoices for VAT complianceSupport preparation of VAT workings and reconciliationsMaintain audit-ready financial records and supporting documentationKnowledge of RERA procedures, AML compliance, and UAE real estate regulationsRequirements & QualificationsBachelor's Degree in Finance, Accounting, Commerce, or related field.CPA, CA, ACCA, CMA, or equivalent professional qualification is an additional advantage.Minimum 12–15 years of finance experience, including 5–8 years in UAE real estate development.Strong knowledge of Sales Purchase Agreements (SPA) and developer finance operations.Hands-on experience with Salesforce and other real estate CRM platforms and ERP Systems.Experience in customer collections, receivables management, and payment plans.Strong knowledge of escrow account management and project accounting.Experience in revenue recognition under IFRS.Strong analytical, leadership, communication, and stakeholder management abilities.Preferred ProfileExperience with leading UAE real estate developers.Strong exposure to off-plan property sales and developer operations.Expertise in Salesforce CRM reporting.Experience managing finance for multi-project and multi-entity organisations.Knowledge of customer lifecycle management, handover finance, and escrow compliance.Strong commercial mindset with the ability to partner effectively with Sales and Business Development teams.Experience in digital finance transformation and process automation.