Finance Manager

Job Summary

1. Financial Leadership & Team Management

• **Lead, mentor, and develop** the finance and accounting team, fostering a culture of accountability and high performance.
• Partner with Project Managers, Commercial Directors, and Executives to provide financial clarity and drive project profitability.
• Oversee the preparation of timely and accurate monthly, quarterly, and annual financial statements.

2. Banking Instruments & Treasury Management

• **Manage the end-to-end process for bank letters, letters of credit (LCs), bank guarantees, and performance/bid bonds.**
• Maintain strong relationships with commercial banks and financial institutions to secure competitive rates and facilities.
• Ensure compliance with all banking covenants and timely release/reduction of expired bonds and guarantees to optimize borrowing capacity.

3. Construction Project Control & Cash Flow

• Monitor project-by-project cash flows, recognizing the unique capital constraints and milestone-based payment structures of major construction projects.
• Oversee **Work-in-Progress (WIP) models**, revenue recognition (Percentage of Completion), and cost-to-complete forecasting.
• Manage working capital efficiently, tracking sub-contractor payments, retention payables, and client invoicing/receivables.

4. Risk Management & Compliance

• Assess financial risks associated with ongoing and upcoming construction projects.
• Ensure strict compliance with local tax laws, industry regulations, and internal controls.
• Coordinate internal and external audit processes.

Experience

• **Minimum of 5–7 years of financial management experience**, with at least **3+ years within the Construction sector** (is a plus).
• Proven track record in a **leadership or supervisory role**, managing accounting teams and collaborating with project operations.
• Demonstrated experience handling complex banking facilities (Bonds, Guarantees, LCs) and navigating bank credit committees.

Skills & Knowledge

• Deep understanding of accounting principles (e.g., WIP, revenue recognition, retention, and variations).
• Advanced proficiency in accounting systems and expert-level Excel skills.
• Strong negotiation and communication skills, with the ability to translate complex financial data for non-finance stakeholders.

Education & Certifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Professional certification such as **CPA, CMA, ACCA, or CA** is highly preferred.

Application Question(S)

• How many years of experience in UAE?
• Willing to join immediately?