Assistant Finance Manager - MEP / Construction
Skills
About This Role
Job Title: Assistant Finance Manager
Industry : MEP/Contracting
Job Summary
Shuraa is are seeking a hands-on Finance Executive with strong experience in cash flow management and financial reporting within the MEP / contracting industry for its client.
This role is focused on financial planning, project-based financial analysis, and management reporting.
The ideal candidate should understand how project cycles impact cash flow, profitability, and working capital.
Key Responsibilities
- Monitor and manage company cash flow, ensuring adequate liquidity for project operations, supplier payments, and payroll.
- Prepare rolling cash flow forecasts aligned with project milestones, billing cycles, and retention structures.
- Analyse project budgets versus actual costs, monitor profitability, and highlight cost variances with actionable recommendations.
- Support financial evaluation of new project bids and assess the financial impact of variation orders and contract changes.
- Track receivables and payables closely to improve working capital efficiency and reduce collection cycles.
- Prepare monthly management reports, financial performance summaries, and KPI analysis to support leadership decisions.
- Assist in budgeting and forecasting, including revenue projections based on ongoing and upcoming projects.
- Identify financial risks, cost-saving opportunities, and efficiency improvements to enhance overall project margins.
- Liaise with banks when required and support audit processes in coordination with the accounting team.
Requirements
- Bachelor’s degree in Finance, Accounting, or related field.
- 3-5 years of finance experience, preferably in MEP or construction/contracting industry in UAE.
- Strong understanding of project-based finance and cash flow cycles.
- Experience in budgeting, forecasting, and financial reporting.
- Advanced Excel skills (financial modelling preferred).
- Strong analytical and decision-support capability.
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