Job Description

The Role

Chief Financial Officer (CFO) -- Real Estate Developer (Dubai) Position Summary We are seeking a seasoned and visionary Chief Financial Officer (CFO) to lead the financial strategy of an established off-plan real estate development company in Dubai. The ideal candidate will possess extensive, proven experience in the UAE real estate sector, with a deep understanding of development cycles, financial structuring, and compliance requirements. This individual will be instrumental in driving sustainable company growth, project capitalization, and operational excellence through robust financial leadership. Strategic Financial Leadership o Develop and execute the company's financial strategy in alignment with corporate growth objectives. o Advise executive leadership on funding strategies, market trends, and risk exposure impacting real estate development. o Drive capital structuring initiatives, ensuring cost-effective financing for off-plan projects and operational expansions. Financial Management & Controls o Oversee budgeting, forecasting, and financial planning across development and operational functions. o Implement and monitor internal financial controls to ensure accuracy, efficiency, and regulatory compliance. o Manage financial reporting frameworks in accordance with IFRS and UAE-specific accounting standards. Project & Development Finance o Structure and monitor financial models to evaluate project feasibility, ROI, and capital deployment. o Collaborate with project development teams to ensure alignment between project delivery timelines and funding schedules. o Evaluate and approve financial scenarios for pre-launch, construction, and post-handover phases. Regulatory Compliance & External Liaison o Coordinate audits with third-party firms and internal teams to ensure transparency and accountability. o Maintain robust relationships with UAE government departments including DLD, RERA, and relevant financial authorities. o Ensure tax and regulatory compliance across all entities and development structures. Team & Organizational Leadership o Lead, mentor, and manage the finance department including financial managers, accountants, and analysts. o Champion a high-performance culture emphasizing accuracy, integrity, and strategic focus. o Drive cross-functional collaboration between finance, legal, sales, and development units.



Requirements

Education Bachelors in Finance, Accounting, or Economics (mandatory); MBA or CPA/CA preferred o Experience Minimum 10 years in senior finance roles within the UAE real estate sector, with at least 5 years in a CFO or Deputy CFO capacity o Technical Skills Real estate financing, budgetary planning, project financial modelling, ERP/CRM systems o Compliance Knowledge UAE regulatory frameworks (RERA, DLD), AML procedures, audit standards o Leadership Proven ability to manage and scale finance teams within a dynamic development environment o Stakeholder Management Strong relationships with auditors, banks, and government departments

About the company

TownX Real Estate Development is a prestigious real estate developer in Dubai. Founded in 2017, TownX has established a track record of delivering high quality residential projects across the city. The TownX growing team consists of experts of the industry, who frequently collaborate with internationally renowned engineers & architects. The story of TownX is a story of growth, starting from one simple apartment investment to the established real-estate developer it has become today.