Finance Manager – Contracting & Construction

About Euro Systems

Position Overview

Key Responsibilities

• Lead and manage the overall finance and accounting operations of the company.
• Prepare accurate monthly, quarterly, and annual financial statements and management reports.
• Oversee project accounting, job costing, budgeting, forecasting, and profitability analysis.
• Monitor Work-in-Progress (WIP), revenue recognition, retention accounting, progress billing, and project variations.
• Manage Accounts Receivable (AR) and Accounts Payable (AP) functions to optimize cash flow and working capital.
• Handle banking relationships, credit facilities, Letters of Credit (LCs), bank guarantees, and trade finance activities.
• Review project contracts and identify financial risks, obligations, and opportunities.
• Develop and monitor project budgets and financial performance indicators.
• Ensure compliance with IFRS, UAE VAT regulations, corporate policies, and statutory requirements.
• Lead annual budgeting, financial forecasting, and strategic financial planning processes.
• Coordinate with external auditors, banks, consultants, and government authorities.
• Implement and strengthen financial controls, policies, procedures, and ERP systems.
• Provide financial insights and recommendations to senior management for strategic decision-making.
• Lead, mentor, and develop the finance and accounts team.

Requirements

• CA preferred; ACCA, CPA, CMA, or Master's Degree in Finance/Accounting will also be considered.
• Minimum 15–20 years of progressive finance and accounting experience.
• Minimum 5 years of experience as a Finance Manager, Finance Controller, or similar senior finance leadership role.
• Mandatory UAE experience within Contracting, Construction, Engineering, or Interior Fit-Out companies.
• Strong expertise in:
• Project Accounting
• Job Costing
• WIP Reporting
• Revenue Recognition

• Cash Flow & Working Capital Management

• Letters of Credit (LCs)
• Bank Guarantees

• Financial Planning & Analysis

• Strong understanding of UAE VAT regulations and IFRS standards.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Tally, or equivalent platforms.
• Excellent analytical, leadership, communication, and stakeholder management skills.
• Proven experience leading and developing finance teams.

Preferred Candidate Profile

• Strategic and commercially driven finance professional.
• Strong leadership and team management capabilities.
• Excellent communication and negotiation skills.
• Experience supporting large-scale contracting or construction projects.
• Ability to work effectively in a fast-paced and project-driven environment.
• Pay: AED14,000.00 - AED18,000.00 per month