Financial Director

Job Description:

Project Financing:

• Develop and implement financial strategies tailored to residential housing projects, securing funding through debt, equity, and public-private partnerships.
• Lead negotiations with financial institutions, investors, and government bodies to secure favorable financing terms for residential real estate projects.
• Oversee the preparation of financial models and feasibility studies specific to residential developments.
• Monitor the performance of financing agreements and ensure compliance with financial covenants.

Cash Flow Management:

• Develop and manage cash flow models to ensure sufficient liquidity for ongoing and future residential projects.
• Monitor and forecast cash flow needs, identifying potential shortfalls and implementing solutions to maintain financial stability.
• Optimize working capital management, including receivables, payables, and inventory, to improve cash flow efficiency.
• Collaborate with procurement and operations teams to align project timelines with cash flow requirements.

Procure-to-Pay Process:

• Oversee the Procure-to-Pay process to ensure timely and cost-effective procurement of goods and services for residential projects.
• Implement and manage systems to streamline procurement, invoicing, and payment processes.
• Ensure accurate tracking of project expenditures and alignment with budget forecasts.
• Work closely with suppliers, contractors, and internal teams to manage payment terms and optimize cash flow.

Financial Planning & Analysis:

• Lead the budgeting process for residential housing projects, ensuring alignment with company objectives and financial constraints.
• Perform detailed financial analysis of residential real estate projects, including scenario planning, cost-benefit analysis, and risk assessment.
• Develop and maintain financial models to forecast cash flows, profitability, and ROI for residential projects.
• Provide strategic recommendations to the executive team based on financial analysis and real estate market trends.

Risk Management:

• Identify and manage financial risks associated with residential housing projects, including market, interest rate, and credit risks.
• Develop risk mitigation strategies, including hedging and insurance, to protect the company’s financial interests.
• Ensure all financial aspects of residential projects comply with relevant regulations and company policies.

Reporting & Compliance:

• Prepare and present regular financial reports to the executive team, board of directors, and external stakeholders.
• Ensure accurate and timely financial reporting in accordance with international accounting standards (e.g., IFRS) and real estate regulations.
• Coordinate with auditors and regulatory bodies to ensure compliance with financial and real estate-specific regulations.

Team Leadership:

• Manage and mentor a team of finance professionals with a focus on residential real estate projects.
• Collaborate with cross-functional teams, including project management, legal, procurement, and operations, to ensure seamless execution of residential developments.
• Lead initiatives to improve financial processes and systems, enhancing efficiency and transparency.

Job Requirements:

• Bachelor’s degree in Finance, Accounting, related field; MBA or CFA preferred.
• Minimum of 15 years of experience in project finance, with a strong emphasis on residential real estate projects.
• Proven track record of securing financing for large-scale residential developments.
• Extensive experience in cash flow management and the Procure-to-Pay process.
• Strong understanding of financial modeling, budgeting, and forecasting specific to real estate.
• Excellent negotiation, communication, and leadership skills.
• Familiarity with international financial regulations and accounting standards (e.g., IFRS).
• Experience in risk management and financial compliance within the real estate sector.
• Ability to work in a fast-paced environment and manage multiple residential projects simultaneously.