Finance Manager - Construction
Skills
About This Role
Overview
- We are seeking a hands-on Finance Manager to manage the finance function at a subsidiary level for a large entity. The role is responsible for overseeing day-to-day financial operations, financial control, detailed cost analysis, reporting, budgeting, and FP&A activities, while ensuring alignment with broader corporate finance policies and reporting requirements.
- The role has a strong focus on project cost control, margin protection, cash flow discipline, and continuous improvement of financial processes within a project-driven environment.
- The position leads a team of onshore and offshore finance professionals and works closely with the Finance Director and corporate finance stakeholders to ensure accurate reporting, robust financial controls, timely insights, and actionable cost and performance analysis.
Financial Management & Reporting
· Manage the subsidiary finance function, including accounting, reporting, controls, and compliance.
· Prepare and deliver monthly, quarterly, and annual financial reports in line with IFRS and corporate reporting standards.
· Oversee general ledger, AP/AR, fixed assets, and cash flow management at the entity level.
· Ensure timely month-end and year-end close, with clear ownership of balances, reconciliations, and supporting schedules.
· Coordinate audits, tax filings, and statutory requirements with guidance and oversight from senior finance leadership.
· Act as the primary owner of financial integrity at the subsidiary level, ensuring compliance with Delegation of Authority (DOA), internal controls, and group finance policies.
Project Accounting, Cost Control & Analysis
· Own and oversee project financial reporting, including project cost tracking, budget vs actual analysis, forecast-to-complete, and margin analysis.
· Perform deep-dive cost analysis across projects to identify cost drivers, inefficiencies, and opportunities for cost optimization.
· Review BOQs, contracts, variations, and change orders to assess financial impact and manage cost risks.
· Monitor and manage work-in-progress (WIP), unbilled revenue, claims, variations, and provisions.
· Proactively identify and escalate financial, contractual, and cost-related risks.
Budgeting, Forecasting & FP&A
· Lead annual budgeting and periodic forecasting processes for the subsidiary.
· Perform variance analysis with clear insight into cost movements, margin performance, and project-level drivers.
· Support financial modelling, scenario analysis, and business planning activities.
· Monitor financial and operational performance, highlighting cost trends, efficiency gaps, cash flow risks, and improvement opportunities.
Systems, Data Integrity & Process Improvement
· Work with Oracle Fusion ERP for financial reporting, controls, and analysis.
· Ensure accuracy, completeness, and integrity of financial and project data supporting management and consolidated reporting.
· Drive continuous improvement of finance processes, including month-end close, project cost reporting, budgeting, forecasting, and reporting automation.
· Strong knowledge of construction industry systems and the effective use of system-generated reports for financial analysis and cost control.
Leadership & Team Management
· Lead and manage a finance team of onshore and offshore members.
· Ensure timely delivery of finance outputs and adherence to policies, controls, and reporting timelines.
· Coach and develop team members, promoting accountability, analytical capability, and ownership of outputs.
Business Partnering
· Act as the primary finance point of contact for the subsidiary.
· Partner with operational teams within construction and O&M environments to support financial decision-making.
· Provide financial insight and challenge on cost management, budget discipline, project profitability, and cash flow.
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