JLL
Property Finance Manager
Riyadh, Saudi ArabiaPosted today
- Salary
- AED 8k–12k a month· est.
- Job type
- Full time
- Level
- Lead
- Field
- Finance & Accounting
- Work mode
- On site
About the role
JLL empowers you to shape a brighter way. Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers and to find a place where they belong. Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward. About the Role: We are seeking an experienced Finance Manager to lead all financial operations for a premium residential resort in North Riyadh. This role requires a strategic financial leader who can deliver transparent, accurate, and timely financial reporting while ensuring full regulatory compliance and supporting the achievement of ambitious occupancy and revenue targets. Key Requirements: - Minimum 8 years of real estate financial and accounting experience - At least 5 years in operational management of large-scale residential or mixed-use developments in KSA or the GCC - Degree in Finance, Accounting, or Business Administration required - Professional accreditation (CPA, ACCA, CMA, or equivalent) strongly preferred - Deep understanding of ZATCA compliance requirements (VAT, e-invoicing, WHT, Zakat) - Working knowledge of IFRS standards and REGA guidelines - Proficiency in property management systems (Yardi, Yarn, or similar platforms) - Strong stakeholder management skills with experience interfacing with owners, auditors, and regulatory authorities - Fluent in English (written and spoken); Arabic proficiency highly valued Key Responsibilities: Financial Leadership & Reporting: - Oversee all financial operations for a large-scale residential community with 1,100+ units - Prepare and deliver monthly management accounts, quarterly financial statements, and annual audited accounts - Maintain open-book financial records with real-time transparency for ownership review - Lead budget preparation, forecasting, and variance analysis processes Revenue & Income Management: - Direct rent billing, collection operations, and revenue reconciliation across residential and commercial portfolios - Oversee utility sub-metering, rebilling processes, and deposit management - Prepare revenue forecasts and annual rent benchmarking reports aligned with market regulations - Monitor and optimize non-residential revenue streams including retail, amenities, and value-added services Budget & Cost Control: - Develop annual operating and capital budgets in collaboration with operational leadership - Monitor expenditure against approved budgets and implement variance mitigation strategies - Ensure competitive procurement practices and contract cost control - Drive cost efficiency while maintaining premium service standards Compliance & Governance: - Ensure full compliance with Saudi Arabian tax regulations and statutory filing requirements - Maintain segregated financial accounts and support internal control frameworks - Coordinate with internal and external auditors; provide comprehensive audit documentation - Implement and monitor financial policies, procedures, and approval workflows Team Leadership: - Lead and develop a finance team including collection specialists and finance officers - Interface with facilities management contractors on invoice verification and cost reconciliation - Collaborate with property, leasing, and operations teams on financial planning and tenant account management - Provide financial insights and analysis to support strategic decision-making Strategic Contribution: - Support continuous improvement initiatives to maximize asset value and operational efficiency - Deliver ad hoc financial analysis and reporting to support ownership objectives - Contribute to ESG reporting and sustainability financial tracking - Ensure bad debt provisions remain within industry-leading thresholds Skills & Competencies: - Advanced Microsoft Excel (financial modeling, pivot tables, advanced formulas) and PowerPoint - Strong analytical and problem-solving capabilities - Excellent written and verbal communication skills - Detail-oriented with exceptional accuracy and organizational abilities - Ability to work under pressure and meet tight reporting deadlines - Strong work ethic and commitment to transparency and integrity What We Offer: - Opportunity to work with a global leader in real estate services - Exposure to premium residential property management at institutional scale - Collaborative, professional work environment - Career development opportunities within JLL's regional and global network - Competitive compensation package Location: Riyadh, Kingdom of Saudi Arabia Employment Type: Full-time, On-site Location: On-site –Riyadh, SAU If this job description resonates with you, we encourage you to apply
Requirements
Minimum 8 years of real estate financial and accounting experience; At least 5 years in operational management of large-scale residential or mixed-use developments in KSA or the GCC; Degree in Finance, Accounting, or Business Administration required; Professional accreditation (CPA, ACCA, CMA, or equivalent) strongly preferred; Deep understanding of ZATCA compliance requirements (VAT, e-invoicing, WHT, Zakat); Working knowledge of IFRS standards and REGA guidelines; Proficiency in property management systems (Yardi, Yarn, or similar platforms); Strong stakeholder management skills with experience interfacing with owners, auditors, and regulatory authorities; Fluent in English (written and spoken); Arabic proficiency highly valued
Responsibilities
Oversee all financial operations for a large-scale residential community with 1,100+ units; Prepare and deliver monthly management accounts, quarterly financial statements, and annual audited accounts; Maintain open-book financial records with real-time transparency for ownership review; Lead budget preparation, forecasting, and variance analysis processes; Direct rent billing, collection operations, and revenue reconciliation across residential and commercial portfolios; Oversee utility sub-metering, rebilling processes, and deposit management; Prepare revenue forecasts and annual rent benchmarking reports aligned with market regulations; Monitor and optimize non-residential revenue streams including retail, amenities, and value-added services; Develop annual operating and capital budgets in collaboration with operational leadership; Monitor expenditure against approved budgets and implement variance mitigation strategies; Ensure competitive procurement practices and contract cost control; Drive cost efficiency while maintaining premium service standards; Ensure full compliance with Saudi Arabian tax regulations and statutory filing requirements; Maintain segregated financial accounts and support internal control frameworks; Coordinate with internal and external auditors; provide comprehensive audit documentation; Implement and monitor financial policies, procedures, and approval workflows; Lead and develop a finance team including collection specialists and finance officers; Interface with facilities management contractors on invoice verification and cost reconciliation; Collaborate with property, leasing, and operations teams on financial planning and tenant account management; Provide financial insights and analysis to support strategic decision-making; Support continuous improvement initiatives to maximize asset value and operational efficiency; Deliver ad hoc financial analysis and reporting to support ownership objectives; Contribute to ESG reporting and sustainability financial tracking; Ensure bad debt provisions remain within industry-leading thresholds
Skills
- Advanced Microsoft Excel (financial modeling, pivot tables, advanced formulas)
- PowerPoint
- IFRS
- ZATCA compliance
- Yardi
- financial reporting
- budgeting
- variance analysis
- revenue management
- forecasting
- cost control
- audit coordination
- stakeholder management
- negotiation
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