The Financial Audit and Internal Control Director/Manager will play a critical role in ensuring the financial integrity and compliance of the company’s (and, within the real estate arm of the overall group, the relevant group companies’) activities, reporting, new transactions (acquisition, development) and management processes. The successful candidate will be responsible for developing, designing, implementing, and overseeing robust internal control systems and conducting financial audits to identify areas for improvement and mitigate risks. The individual will collaborate with other real estate group companies (within the group) and various departments to assess financial processes, provide recommendations, and ensure adherence to regulatory requirements.

Key Accountabilities:

• In general applicable for both Pasha Development itself, and other real estate/hospitality companies under the real estate umbrella of the group:
• Design, develop, implement, and maintain effective internal control systems to safeguard assets and ensure compliance with applicable regulations.
• Evaluate existing processes and identify opportunities to enhance controls and streamline financial operation.
• Develop (and/or give support to the development of) policies, practices, procedures, and tolls necessary to realize the internal control objectives
• Monitor the compliance with established policies and procedures
• Plan and execute comprehensive financial audits, assessing the accuracy and reliability of financial information, reliability and validity of reports
• Identify and communicate audit findings, recommendations, and best practices to management for process improvement.
• Assess financial risks associated with real estate transactions and operations, developing strategies to mitigate and manage identified risks.
• Monitor changes in regulations and industry standards to ensure ongoing compliance.
• Ensure economic and efficient use of resources.
• Work closely with other group companies, cross-functional teams, including finance, legal, HR, and development, to ensure alignment and understanding of internal control objectives.
• Provide guidance and training to employees on internal control policies and procedures.
• Prepare and present comprehensive reports on internal control effectiveness, audit findings, and risk management to senior management and relevant stakeholders.

Required skills:

• Bachelor’s degree in finance, Accounting, Business Administration, or related field.
• A master’s degree or professional certification (e.g., CPA, ACCA, CIA) is highly preferred.
• Proven experience in financial auditing, internal controls, and risk management within the real estate industry.
• Thorough understanding of financial principles, accounting standards, and regulatory requirements related to real estate and hospitality industries
• Strong analytical and problem-solving skills.
• In-depth knowledge of relevant laws and regulations governing real estate and hospitality industries and financial reporting.
• Excellent communication and interpersonal skills to collaborate with diverse teams.
• Ability to adapt to a dynamic and fast-paced environment, managing multiple priorities effectively.
• High ethical standards and commitment to maintaining confidentiality and integrity in all aspects of the role.

Candidates meeting the below stated criteria are requested to send their resumes/CVs.

Deadline for applications – 31.01.2024.