Finance Manager

About This Role

Job Title: Finance Manager

Location: Al Quoz, Dubai, UAE
Employment Type: Full-Time
Industry: Contracting / Construction

Job Summary

We are seeking a highly experienced and results-driven Finance Manager with a strong background in contracting and construction companies to lead and oversee the financial operations of the organization.

The ideal candidate will have deep expertise in project-based accounting, cost control, financial planning, and cash flow management within a project-driven environment. This role requires a strategic thinker who can provide financial insights, ensure regulatory compliance, and enhance operational efficiency across multiple ongoing projects.

Key ResponsibilitiesFinancial Management & Reporting

• Oversee the preparation of accurate and timely monthly, quarterly, and annual financial statements.
• Ensure compliance with IFRS standards and UAE financial regulations.
• Manage general ledger, accounts payable/receivable, and payroll functions.
• Establish and maintain strong internal controls to safeguard company assets.

Project Accounting & Cost Control

• Manage project accounting including budgeting, cost allocation, and revenue recognition.
• Monitor job costing, project profitability, and margin analysis across projects.
• Track and report Work-in-Progress (WIP) and ensure accurate financial representation.
• Oversee progress billing, variations, and retention accounting.
• Work closely with project and operations teams to control costs and improve financial performance.

Budgeting & Financial Planning

• Lead the annual budgeting process and periodic forecasting.
• Develop financial models for strategic planning and project feasibility.
• Analyze financial performance and provide actionable insights to senior management.

Cash Flow & Working Capital Management

• Monitor and manage cash flow to ensure sufficient liquidity for project execution.
• Optimize working capital, including receivables, payables, and inventory.
• Coordinate with clients and internal teams to ensure timely collections.

Compliance & Audit

• Liaise with external auditors, tax consultants, and regulatory authorities.
• Ensure compliance with UAE VAT regulations and statutory requirements.
• Prepare audit schedules and support internal and external audits.

LC (Letter of Credit) & Banking

• Manage and monitor Letters of Credit (LCs), bank guarantees, and trade finance instruments.
• Coordinate with banks for LC issuance, amendments, and documentation.
• Ensure compliance with contractual and banking requirements related to project financing.

Leadership & Team Management

• Lead, mentor, and develop the finance team.
• Set KPIs and drive accountability across the department.
• Promote a culture of continuous improvement and high performance.

Requirements

• Chartered Accountant (CA) or Master’s degree in Accounting/Finance.
• 15–20 years of progressive experience in finance and accounting.
• Minimum 5 years in a Finance Manager or Finance Controller role.
• Mandatory experience in contracting, construction, façade, aluminum, or related industries.
• Strong expertise in:
• Project accounting
• Job costing & WIP accounting
• Revenue recognition
• Progress billing, variations, and retention
• Experience handling Letters of Credit (LCs), bank guarantees, and project-based financing.
• Proficiency in ERP systems (SAP, Oracle, Tally, or similar).
• Strong knowledge of IFRS and UAE VAT regulations.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and communication skills.
• Ability to work in a fast-paced, deadline-driven environment.
• Fluency in English is required.

Job Type: Full-time

Pay: AED14,000.00 - AED17,000.00 per month

Work Location: In person