Position Overview: The Project Finance Manager is responsible for managing and overseeing all aspects of project financing activities within the real estate company. The primary focus is on securing and managing financing through various banks and financial institutions to support the company’s real estate projects.
Key Responsibilities: Project Finance Manager
- Banking Relationships: Establish, maintain, and nurture strong relationships with banks and financial institutions to secure favourable financing terms for various projects.
- Project Financing: Develop, negotiate, and structure financing packages tailored to each real estate project’s specific needs, including loans, lines of credit, and other financial products.
- Financial Analysis: Conduct thorough financial analysis and due diligence to support project financing, including cash flow projections, risk assessments, and feasibility studies.
- Loan Management: Oversee the entire loan process single handedly, from application to disbursement, ensuring timely and efficient access to funds for project execution.
- Compliance & Reporting: Ensure compliance with all financial and legal requirements associated with project financing, and prepare detailed reports for senior management and stakeholders on the status of financing activities.
- Strategic Planning: Collaborate with senior management to align financing strategies with the company’s overall financial goals and project timelines.
- Risk Management: Identify and mitigate financial risks associated with project financing, including interest rate fluctuations, market conditions, and credit risk.
- Negotiation: Lead negotiations with banks and financial institutions to secure the most favourable terms for financing, including interest rates, covenants, and repayment schedules.
- Documentation: Oversee the preparation and review of all financing-related documentation, ensuring accuracy and compliance with all legal and regulatory requirements.
- Financial Reporting: Prepare and review financial statements, ensuring accuracy and compliance with accounting standards.
- Accounts Management: Oversee accounts payable, accounts receivable, and payroll processing.
- Reconciliation: Ensure timely bank reconciliations and maintain accurate general ledger entries.
- Budgeting & Forecasting: Assist in preparing budgets, financial forecasts, and variance analysis.
- Compliance: Ensure adherence to financial regulations and internal controls.
- Audit Preparation: Coordinate and prepare for internal and external audits.
- Team Leadership: Supervise and guide the accounting team, fostering a collaborative work environment.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or related field (MBA preferred).
- Extensive experience in project finance, particularly within the real estate sector.
- Strong network of banking and financial contacts.
- Proven track record of successfully securing and managing large-scale project financing.
- Excellent negotiation, analytical, and communication skills.
- In-depth knowledge of financial regulations and compliance requirements.
Competencies:
- Strong understanding of real estate markets and project finance structures.
- Ability to manage multiple projects and deadlines effectively.
- Strategic thinker with the ability to align financing strategies with business objectives.
- High attention to detail and problem-solving skills.
This role is critical to the financial success and growth of the company, ensuring that all real estate projects are adequately funded and aligned with the company’s financial objectives.