Financial Controller

Company Overview

Yellow Tree is a Real Estate Investment Fund based in Gibraltar and is dedicated to the ownership, development and management of commercial and residential real estate assets. The Yellow Tree Real Estate Investment Fund is backed by a Gibraltar-based multi-family office. Yellow Tree invests across capital and gateway cities, employing a tailored investment strategy to each geographic region. Our portfolio underscores long-term value and mirrors our dedication to excellence.

Our philosophy centers on income generation, ensuring that 100% of our portfolio consistently delivers returns. We achieve this by taking an asset-by-asset approach, where each asset carries its own weight in contributing income without dilution. Each asset has its own business plan that is meticulously followed making sure that each asset performs as expected.

We own and manage sustainable and high-quality properties, aligning with the objectives of leading national and international corporations. This ensures that Yellow Tree Group is synonymous with quality, reliability, and enduring success.

For more information, visit us on yellowtree.com

Role Overview

The Israel Financial Controller is responsible for the financial control, reporting, budgeting, cash flow management, tax coordination, audit coordination, and operational finance oversight of the Group’s assets in Israel, as well as any additional jurisdictions or assets assigned according to business needs.

The role ensures accurate and timely monthly, quarterly, and annual reporting, strong budgetary control, effective cash flow management, and robust financial governance across the portfolio. The Israel Financial Controller works closely with the operations team, collections team, group finance, external accountants, tax advisors, and senior management to provide reliable financial information and actionable analysis.

Key Responsibilities

Financial Reporting and Analysis

• Prepare monthly profit and loss reports for each asset, as well as the consolidated Israel P&L, including all required accruals, provisions, reclassifications, and management adjustments.
• Analyze monthly financial performance, including actual results versus budget, prior periods, and key operational drivers. Prepare clear monthly variance analysis with explanations, risks, and recommended follow-up actions.
• Prepare and analyze monthly KPI reports, ensuring that operational data provided by the Collections Manager and other teams is complete, consistent, and reliable.
• Prepare monthly control reports, including invoice cancellations, guarantees, payroll, revenue checks, and other recurring control areas. Establish and maintain a structured monthly control program.
• Support quarterly and annual reporting requirements, including schedules, reconciliations, and explanations required by group finance, auditors, investors, and management.

Budgeting, Forecasting, and Cost Control

• Lead the annual budget preparation process for the Israel portfolio, based on operational inputs received from the operations team and management assumptions.
• Monitor budget compliance throughout the year, identify deviations, and challenge cost, revenue, and operational assumptions where required.
• Oversee CAPEX budget control, including tracking approved budgets, actual spend, commitments, variances, and expected future cash requirements.
• Manage the Control Budget and ensure appropriate allocation of management company expenses across the relevant assets.

Cash Flow and Investor Distributions

• Prepare cash flow statements and perform reconciliations between profit and loss, cash flow, bank balances, and relevant working capital movements.
• Monitor cash flow on an ongoing basis, including operational cash requirements, intercompany settlements, tax payments, CAPEX needs, and investor distributions.
• Oversee the distribution of excess cash to investors, ensuring amounts are properly calculated, approved, documented, and aligned with group requirements.

Collections, Guarantees, and Revenue

• MonitoringOversee collections activity and supervise the work performed by the AR and Collections.
• Monitor guarantee renewals, lease renewals, and related collection risks, ensuring timely follow-up and appropriate escalation.
• Track and request internal monthly reports, including lease renewals, guarantee renewals, collections status, and other portfolio control information.
• Monitor monthly revenue recognition and revenue trends, including review of data used in KPI reporting.

Intercompany, Recharges, and Reconciliations

• Manage intercompany billing, settlements, and reconciliations across the relevant group companies and assets.
• Oversee settlements and recharges involving service expense reimbursements, management company allocations, and other intercompany balances as required.
• Ensure intercompany transactions are properly supported, reconciled, settled, and reflected accurately in the monthly reports.

Tax, Compliance, and External Coordination

• Monitor and review tax reporting requirements, including VAT, withholding tax, tax returns, and any other local reporting obligations.
• Prepare tax provision working papers for monthly reporting and budget purposes.
• Coordinate with external accountants, tax advisors, auditors, and other professional service providers to ensure timely and accurate compliance.
• Ensure financial processes are aligned with group policies, local requirements, and internal control standards.

Operational Finance and Team Collaboration

• Monitor day-to-day financial operations, including revenues, expenses, payroll, supplier payments, and cost control.
• Attend weekly and ad hoc team meetings, providing finance updates, highlighting risks, and following up on open financial matters.
• Work closely with operations, collections, group finance, and senior management to improve reporting accuracy, process discipline, and financial visibility.
• Perform other accounting, financial control, reporting, and analysis duties as required by the Group.

Key Success Measures

• Monthly reporting is accurate, complete, and delivered on time.
• Budget variances are clearly explained, challenged, and followed up.
• Cash flow is well controlled, forecasted, and reconciled.
• Collections, guarantees, lease renewals, and revenue risks are actively monitored.
• Intercompany balances and recharges are reconciled and settled in a disciplined manner.
• Tax provisions, VAT, withholding tax, and tax return processes are properly reviewed and coordinated.CAPEX, payroll, invoice cancellations, guarantees, and other control areas are reviewed through a structured monthly control program.
• Finance provides management with reliable analysis, early warning signals, and clear recommendations.

Required Skills and Experience

• English level proficientReal estate experience is a plus
• Strong experience in financial control, management reporting, budgeting, cash flow management, and financial analysis.
• Solid understanding of accounting principles, accruals, provisions, reconciliations, tax reporting, and internal controls.
• Experience overseeing asset-level or portfolio-level financial reporting, ideally within real estate, property management, investment, or multi-entity environments.
• Ability to analyze financial results, challenge assumptions, identify risks, and provide practical recommendations.
• Strong Excel and financial systems skills, with the ability to manage large volumes of data accurately and efficiently.High attention to detail, strong ownership, and ability to meet strict reporting deadlines.
• Excellent communication skills and ability to work effectively with finance and non-finance stakeholders.
• Ability to manage multiple priorities across assets, entities, deadlines, and stakeholders.
• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field.

We offer competitive salary packages, great learning and development opportunities.

• Opportunity to be part of a dynamicgrowing team in a fast-growing Real Estate group
• Performance Bonus
• Team Building
• Celebration and parties
• Loyalty gifts
• Gift Cards Women’sDay & Men’s Day
• Extra free days: on your birthday the company gifts you a day off
• Birthday cake
• Holiday Baskets

Yellow Tree is a GDPR compliant company, by applying to this job post, you consent with your data being processed in accordance with our PrivacyPolicy which you can find on https://yellowtree.com/gdprrecruitmentpolicy

Yellow Tree is an Equal Employment Opportunity and affirmative action employer. We do not discriminate based on race, religion, color,national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.