Finance Manager-Contracting
Skills
About This Role
Job Summary
We are seeking a highly experienced Finance Manager with a strong background in contracting and construction companies to lead the financial operations of the organization.
The role requires expertise in project-based accounting, cost control, financial planning, and cash flow management across multiple ongoing projects in a fast-paced construction environment.
The ideal candidate will act as a strategic finance leader, providing insights that support business decisions, ensure regulatory compliance, and improve overall financial performance and operational efficiency.
Financial Management & Reporting
- Oversee preparation of monthly, quarterly, and annual financial statements
- Ensure compliance with IFRS standards and UAE financial regulations
- Manage general ledger, accounts payable/receivable, and payroll functions
- 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 multiple projects
- Oversee Work-in-Progress (WIP) reporting and financial accuracy
- Handle progress billing, variations, and retention accounting
- Work closely with project and operations teams to control costs and improve margins
Budgeting & Financial Planning
- Lead annual budgeting and forecasting processes
- Develop financial models for strategic planning and project feasibility
- Provide financial analysis and recommendations to senior management
Cash Flow & Working Capital Management
- Monitor and manage cash flow to ensure operational liquidity
- Optimize working capital including receivables, payables, and inventory
- Ensure timely collections in coordination with project and commercial teams
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/external audits
Leadership & Team Management
- Lead and develop the finance team to ensure high performance
- Set KPIs and drive accountability within the finance function
- Promote continuous improvement and process efficiency
Requirements
- Chartered Accountant (CA) or Master’s degree in Accounting/Finance
- 15–18 years of progressive experience in finance and accounting
- Minimum 5 years in Finance Manager or Finance Controller role
- Mandatory experience in contracting, construction, façade, aluminum, or related industries
- Strong expertise in project accounting, job costing, WIP, revenue recognition
- Experience in progress billing, variations, retention, and project cash flow management
- Proficiency in ERP systems (SAP, Oracle, Tally, or similar)
- Strong knowledge of IFRS and UAE VAT regulations
- Excellent analytical, leadership, and decision-making skills
- Ability to work under pressure in a deadline-driven environment
- Fluency in English required
Job Type: Full-time
Pay: AED14,000.00 - AED18,000.00 per month
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