Manager - Accounts and Finance
KORA PROPERTIES L.L.C · Dubai
Job description
About the role
Kora Properties, part of Apparel Group, is looking for a Manager - Accounts and Finance in Dubai. The role covers financial reporting, budgeting and forecasting, real estate finance and asset management support, treasury and working capital, and audit, risk and governance.
Key responsibilities
- Prepare and review monthly, quarterly and annual financial statements under IFRS and UAE regulations, including consolidated statements and group reporting deadlines.
- Manage statutory filings, VAT returns and corporate tax compliance, and design internal financial controls.
- Lead annual budgeting and multi-year planning, rolling forecasts and scenario models, and deliver monthly performance packs (revenues, OPEX, CAPEX, NOI, EBITDA).
- Evaluate new projects, acquisitions and capital expenditure proposals and drive cost optimisation and yield improvement.
- Oversee property development finances (cost tracking, draw schedules, milestone billing, project P&L), investment property accounting under IAS 40 and lease accounting under IFRS 16.
- Support feasibility studies and investment return models (IRR, NPV, yield, payback) and liaise with valuers, quantity surveyors and consultants.
- Run daily treasury operations, cash flow planning and liquidity management, and manage accounts payable and receivable.
- Coordinate with banks on financing facilities, loan drawdowns and covenant compliance, and prepare cash flow forecasts.
- Lead internal and external audits, prepare audit schedules and reconciliations, maintain the financial risk register and ensure adherence to group financial policies.
Required profile
- Bachelor's degree in Finance, Accounting or Business Administration; Master's/MBA a plus.
- Mandatory professional qualification: CA, CPA, ACCA or CMA.
- 10-13 years in finance and accounting, with 4-5 years in a managerial role leading a team.
- Real estate, property development or construction experience essential; GCC exposure preferred.
- Proven track record of independently managing external audits with clean outcomes.
Required skills
- Strong IFRS knowledge (IAS 40, IFRS 15, IFRS 16, IFRS 9)
- Financial modelling, project finance, investment appraisal and asset-level P&L
- Knowledge of UAE VAT, corporate tax and statutory compliance
- SAP, Oracle or Yardi; advanced Excel
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Published 1 day ago
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KORA PROPERTIES L.L.C
Dubai
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