Finance Manager-Contracting

About Eurosystems

Position Overview

Financial Management & Reporting

• Lead the preparation of monthly, quarterly, and annual financial statements.
• Ensure compliance with IFRS standards and UAE financial regulations.
• Manage general ledger, accounts payable, accounts receivable, payroll, and treasury functions.
• Develop and maintain effective internal controls and financial policies.
• Provide financial insights and strategic recommendations to senior management.

Project Accounting & Cost Control

• Oversee project accounting activities across multiple ongoing projects.
• Monitor project budgets, cost allocation, profitability, and margin performance.
• Manage Work-in-Progress (WIP) accounting and project revenue recognition.
• Review progress billings, retention accounting, variation orders, and subcontractor payments.
• Partner with project managers to improve cost control and financial performance.

Budgeting & Strategic Planning

• Lead annual budgeting and periodic forecasting processes.
• Prepare financial models and feasibility studies for new projects and investments.
• Analyze financial performance and provide actionable recommendations.
• Support management with strategic planning and financial decision-making.

Cash Flow & Working Capital Management

• Monitor company cash flow and liquidity requirements.
• Manage receivables, payables, and working capital to maintain healthy cash positions.
• Coordinate with clients and project teams to improve collection cycles.
• Prepare cash flow forecasts and funding plans for project execution.

Compliance & Audit

• Ensure compliance with UAE VAT regulations and statutory requirements.
• Coordinate with auditors, tax consultants, banks, and regulatory authorities.
• Prepare audit schedules and facilitate internal and external audits.
• Maintain accurate financial records and documentation.

Leadership & Team Development

• Lead, mentor, and develop the finance and accounting team.
• Establish KPIs and performance metrics to drive accountability.
• Promote continuous improvement and professional development.
• Foster collaboration across finance, operations, procurement, and project teams.

& Experience

• Chartered Accountant (CA), ACCA, CPA, CMA, or Master's Degree in Finance/Accounting.
• 15–20 years of progressive finance and accounting experience.
• Minimum 5 years in a Finance Manager, Finance Controller, or equivalent leadership role.
• Mandatory experience in contracting, construction, façade, aluminum, glazing, or engineering industries.
• Strong expertise in:
• Project Accounting
• Job Costing
• WIP Accounting
• Revenue Recognition
• Progress Billing
• Variation Orders
• Retention Accounting

• Project Cash Flow Management

• Strong knowledge of IFRS and UAE VAT regulations.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Tally, or equivalent.
• Advanced proficiency in Microsoft Excel and financial modeling.

Job Type: Full-time