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CareerFinders, on behalf of our client, a global Group of Companies with diverse business interests, including Commercial and Residential Real Estate investment and development, we are seeking to recruit a highly experienced and capable Head of Finance. The successful candidate will be responsible for partnering with business owners to formulate and execute strategic sourcing plans that focus on critical spend areas, while driving commercial value and cost savings.
Key Duties/Responsibilities:
- Develop High Level Financial and Tax strategy in conjunction with the CFO for the Real Estate business that provides solutions for both strategic and tactical spend.
- Actively track the real estate asset lifecycles – Acquisition, Evaluation and Improvement, Lease and Stabilization, Disposition.
- As a key member of the real estate acquisition team responsible for market feasibility study, market appraisal, financial and tax due diligence, securing bank financing, lease contracts, insurance coverage, handover process of acquired asset plus other activities as required.
- Actively engages with pre-design and construction process – building project draft budgets, coordination with IT systems / software, building services and other vendor requirements, creating and managing payment process with the support of other business units, ensuring the validity and accuracy of payment bonds, weekly / monthly / quarterly monitoring of approved budgets, providing timely reports re budget execution to the business owners.
- Partners with Legal and Procurement team on Tender/ Bid issuance and approvals, manages contractors advance payments, change requests and final account settlement, ensures accurate and timely closure of contracts and accounts.
- Partners with Property managers on Lease administration (reviews and renewals), service charge budgeting, collection, managing tenants deposit and bank guarantees, bank loan repayment and administration, CAPEX improvements, financial management and monthly reporting, statutory reporting, suppliers chain management, stock control, utility contract and reporting, timely provides invoices and supportive documentation (reports) to the tenants
- Continually assesses the supplier and service contracts together with the country/property managers and give feedback to the Global Head of Real Estate where improvements can be made.
- Works closely with the Group CFO – ensuring full visibility of data and that all key decisions are discussed in advance.
- Drives the development and preparation of annual strategic plan, annual budget, monthly forecasts, and monthly results analysis.
- Performs special projects and ad-hoc financial reporting as required by the CFO or Global Head – Real Estate.
- Pro-actively analyzes financial data trends, making and driving process improvements with the operations leadership team, presents significant business issues to senior management and propose actions.
- Continually reviews and improves the tools utilized by finance team and management for key decisions.
Key Skills/Experience:
- Educated to degree level in Accounting/Finance or related field.
- Qualified Accountant with an officially recognized certification (ACCA/ACA/CPA etc...).
- At least 5 – 7 years manager level experience in finance function in real estate is a must.
- Experience of working in a matrix organization – functional reporting and partnering with business.
- Resilient, determined, delivery focused, team player, open to ideas.
- Preferable experience in large blue chip organization as well as smaller start-up operations.
- Excellent communication skills in English are essential.
- Flexibility and ability to travel extensively on international assignments as and when required.
To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy
