Financial Controller

This Financial Controller job description outlines the key responsibilities and expectations for a financial controller in the real estate industry.

Financial Management:

. Oversee and manage the financial operations of the real estate company.

. Prepare, analyse and present financial statements and reports.

. Ensure compliance with accounting standards and regulatory requirements.

Budgeting and Forecasting:

. Develop annual budgets and financial forecasts.

. Monitor budget performance and variances and provide explanations for discrepancies.

. Work with other departments to prepare and review project-specific budgets

Cash Flow Management:

. Manage company cash flow, including monitoring receivables and payables.

. Optimize the company's liquidity position.

. Implement cash management strategies to ensure sufficient funds are available for operations and investments.

. Work with lenders on loan documentation, Covenant Analysis

Financial Planning and Analysis:

. Conduct financial analysis and modelling for potential real estate investments and projects.

. Evaluate the financial viability and performance of properties and portfolios.

. Provide strategic recommendations based on financial analysis.

Internal Controls and Compliance:

. Establish and maintain internal controls to safeguard company assets.

. Ensure compliance with financial policies and procedures.

. Coordinate and oversee internal and external audits.

Reporting:

. Prepare detailed financial reports for senior management and stakeholders.

. Provide regular updates on financial performance, including key metrics and KPIs.

. Ensure accurate and timely financial reporting.

Team Leadership:

. Lead and manage the accounting, finance and operations team.

. Provide training, mentorship and professional development for team members.

. Oversee the recruitment and performance of finance staff.

Strategic Planning:

. Advise on financial implications of strategic decisions.

. Assist in the development of long-term financial strategies and goals.

Tax Planning and Compliance:

. Manage and oversee tax planning and compliance activities.

. Ensure timely filing of tax returns and compliance with tax regulations.

. Optimize tax strategies to minimize liabilities and enhance profitability.

Risk Management:

. Identify and mitigate financial risks associated with real estate investments and operations.

. Implement risk management policies and procedures.

. Monitor and report on potential financial risks to the company.