Summary
Overview
Work history
Skills
Timeline
Generic

Khaled Refaat

Dubai,UAE

Summary

Accomplished financial leader with over 12 years of progressive experience in real estate, property development, and hospitality sectors. Demonstrates expertise in financial modelling, budgeting, forecasting, and strategic planning, with a strong command of UAE real estate finance and RERA regulations. Proficient in SAP software, IFRS standards, and UAE VAT, corporate tax, ESR compliance, and banking operations. Adept at financial reporting analysis, balance sheet reviews, profit-and-loss management, and revenue recognition. Skilled in system digitisation and implementing new financial software to enhance operational efficiency. Committed to maintaining robust banking relationships while driving sustainable growth through innovative financial strategies.

Overview

12
12
years of professional experience

Work history

Finance manager

Tiger Real Estate
Dubai, UAE
06.2013 - Current
  • Developing and executing a comprehensive financial strategy to support growth and optimize performance across all business units.
  • Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
  • Developed strategies to increase profits and cost savings.
  • Led finance transformation projects to reach company growth goals.
  • Developed thorough forecasting and cash-flow management processes to maximise progression and profitability.
  • Leading and mentoring the finance department, fostering a high-performing and collaborative team environment.
  • Driving the digitization and automation of finance processes, including the successful implementation of new systems to improve operational efficiency and reporting accuracy.
  • Managing group-level financials by consolidating reports from all divisions and delivering timely, insightful financial reporting to senior management and shareholders.
  • Overseeing the full budgeting and forecasting cycle, including annual budgets, monthly performance tracking, and business planning.
  • As the finance lead and shared service provider for all business units, I manage end-to-end financial operations and provide strategic support for:
  • Oversee financial performance of income-generating properties, monitor rental yields, occupancy rates, capital expenditures, and drive ROI through cost optimization and asset performance management.
  • Manage financial oversight of the short-term rental business, including unit-level P&L analysis, OTA revenue tracking, dynamic pricing strategies, and compliance with DTCM regulations.
  • Handle full-cycle accounting and financial reporting for the brokerage business. I also define and monitor key performance indicators (KPIs) to assess profitability and drive operational efficiency.
  • In this role, I provide financial leadership and oversight across multiple real estate and hospitality verticals. My responsibilities span across strategic planning, financial operations, compliance, and business growth support. Key responsibilities include:
  • Monitoring group-wide cash flow, working capital, and funding requirements to ensure financial stability and liquidity across all business units.
  • Overseeing statutory audits, tax filings, and full compliance with UAE regulations including VAT, Economic Substance Regulations (ESR), and corporate tax requirements.
  • Managing relationships with banks, external auditors, and regulatory bodies to ensure smooth financial operations and compliance.
  • Develop and maintain detailed financial models to assess the feasibility of new real estate investments and developments, including IRR, NPV, and ROI calculations.
  • Collaborate with project managers to track real estate development budgets, monitor construction progress, and manage contractor payments to optimize direct costs.
  • Prepare project-specific cash flow forecasts and oversee sales performance analysis for off-plan developments, ensuring alignment with financial targets.
  • Support capital raising activities, including preparation of investor reports, pitch decks, and board presentations, providing accurate, data-driven financial insights.
  • Led the implementation of new ERP and property management systems, streamlining financial reporting and improving process automation.

Skills

  • Bachelor’s degree in Finance, Accounting,
  • Over 12 years of progressive financial leadership experience, particularly in real estate, property development, or hospitality sectors
  • In-depth understanding of UAE real estate finance, and RERA regulations
  • Proven experience in financial modeling, budgeting, forecasting, and strategic financial planning
  • Hands-on experience with system digitization and new financial software implementation
  • Strong knowledge of UAE VAT, corporate tax, ESR compliance, and banking operations
  • Financial reporting analysis
  • Knowledge of ifrs
  • SAP software expertise
  • Banking relationships maintenance
  • Profit-And-Loss aptitude
  • Revenue recognition

Timeline

Finance manager

Tiger Real Estate
06.2013 - Current

Similar Profiles

Create profile
Khaled Refaat