Finance Manager, Real Estate, JLL, Riyadh, KSA

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JLL empowers you to shape a brighter way.  

Our people at JLL and JLL Technologies 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.   

We are seeking an experienced Senior Manager/Associate level Finance Manager specializing in Real Estate Consultancy Services to strengthen our financial management team. The candidate will possess strong expertise in developing complex development, master community and building operating and service charge models, service charge apportionment methodologies, break-even point analysis, and operating expense analysis. In addition to project management and client reporting, this role requires exceptional presentation skills, a strategic mindset, and the ability to support the line manager in developing and advising innovative and market-leading consultancy solutions. The preferred candidate for this role would ideally be located in the Kingdom of Saudi Arabia (KSA) or demonstrates a willingness to relocate.

Responsibilities:

Project Execution

    Develop and oversee the development of complex development, master community and building service charge models in line with the RICS guidelines, ensuring accuracy and efficiency in calculating service charges for diverse real estate developments and properties.
    Develop service charge apportionment methodologies as per the best market practices, considering factors such as property size, tenancy, usage, and common areas allocation.
    Conduct break-even point (BEP) analysis to evaluate the financial feasibility and profitability of real estate projects.
    Manage client financial reporting requirements, including the preparation of financial statements, budgets, forecasts, and variance analysis, ensuring timely and accurate delivery of reports.
    Develop and implement comprehensive financial policies and procedures that encompass the operational finance aspect of the client's portfolio. These policies and procedures will enhance financial controls, streamline processes, and ensure strict adherence to industry standards and regulations.
    Create interactive dashboards and reports for C-suite executives, presenting key financial metrics, performance analysis, key cost and revenue drivers and strategic recommendations.
    Utilize excellent presentation skills to effectively communicate complex financial concepts, including service charge apportionment, service charge recovery, and the implications of void costs, to clients, colleagues, and stakeholders.
    Conduct in-depth analysis of real estate operating expenses, comparing trends, and benchmarking results against industry standards across the GCC region.
    Collaborate with the external Parties to review, assess, and update the service rate cards periodically, to reflect market trends, changes in service scope, or any new services introduced by the facilities management companies.
    Interpret development master plans and designs, encompassing architectural and engineering drawings, for the purpose of establishing services to estimate operating expenses and develop these into service charge regimes.
    Develop comprehensive life cycle costing models and reserve fund models.

Project Management

    Effectively lead and manage consultancy mandates simultaneously, ensuring seamless project management and execution of deliverables within timelines.
    Lead the interpretation and evaluation of Request for Proposals, requirements and Request for Quotations issued by clients and collaborate with internal cross-functional teams to develop technical and commercial proposals.
    Ensure timely delivery of project deliverables and compliance with client requirements.
    Continuously monitor project progress against risk, timelines and deliverables, adjusting plans and resources to execute.

Client Management and Business Development

    Travel across the GCC region to attend client meetings, presentations, and industry events to build and strengthen client relationships and explore new business opportunities.
    Build and foster strong client relationships to establish trust and understanding to provide tailored operational financial solutions.
    Identify business development opportunities and contribute to the growth of the Property & Asset Management including developing leads, pitching services, and participating in the preparation and submission of new business proposals.

Strategic Thinking

    Employ a strategic mindset to identify real estate opportunities for process improvement, cost optimization, and revenue generation for our clients.
    Collaborate with stakeholders to understand the development and operational stages of the real estate industry and integrate financial analysis into strategic decision-making.
    Stay abreast of industry trends, market dynamics, and regulatory changes to provide valuable insights and make informed recommendations.
    Support the line manager in the development of new consultancy products and services, through market research, competitive analysis, and client insights.

Team Management

    Lead a team of senior financial analysts, providing guidance and mentoring in the areas of financial and service charge modeling, performance management, and project delivery to ensure the timely and accurate completion of deliverables.
    Clearly understand, communicate and assign  objectives, deliverables, and timelines to ensure alignment within the Financial Management team.

Location:

On-site –Riyadh, SAU

If this job description resonates with you, we encourage you to apply even if you don’t meet all of the requirements.  We’re interested in getting to know you and what you bring to the table!

JLL Privacy Notice

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process –  you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

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https://jll.wd1.myworkdayjobs.com/jllcareers/job/Riyadh-SAU/Finance-Manager--Real-Estate_REQ374197-1?source=Indeed


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