Project Finance Business Partner
Role Overview
Acts as a trusted financial partner to Project Management and Operations, independently validating financial forecasts in construction and large, complex project environments.
Partners with project managers throughout the project lifecycle to review contract values, costs to complete, margins, and financial risks.
Works upstream alongside project teams to strengthen financial discipline, governance, and forecast reliability; the accounting team handles transactional accounting.
Key Skills for This Role
Full Job Posting
Position purpose
Acts as a trusted financial partner to Project Management and Operations, independently validating financial forecasts in construction and large, complex project environments.
Partners with project managers throughout the project lifecycle to review contract values, costs to complete, margins, and financial risks.
Works upstream alongside project teams to strengthen financial discipline, governance, and forecast reliability; the accounting team handles transactional accounting.
Project forecasting and financial assurance
- Independently review contract value, revenue, cost-to-complete, and margin forecasts.
- Challenge project manager assumptions against contract terms, scope, progress, and cost data.
- Identify and escalate forecast gaps, inconsistencies, and emerging financial risks.
- Compare actual performance with budget and forecast, investigate material variances, and set forecasting methods, templates, and documentation standards.
Site engagement and valuation
- Review and validate percent complete, earned value, and cost-to-complete valuations.
- Reconcile on-site progress with reported financial performance.
- Flag productivity, sequencing, subcontractor, and site risks affecting cost, margin, or schedule.
Commercial and contract oversight
- Support bid-stage cost build-ups, margin analysis, and payment milestone structures.
- Review contracts, variations, and change orders against financial projections.
- Help project managers understand the financial effect of scope changes, change orders, and execution risks.
- Partner with project management from award through close-out.
Revenue, accounting, and cash
- Validate project revenue recognition under IFRS 15, working with project management and project accounting to ensure complete and accurate inputs.
- Review month-end project cost capture, accrued revenue, deferred revenue, and project provisions; keep billing milestones, progress, and recognized revenue aligned.
- Track billing, collections, retentions, and payment milestones against contract terms; support resolution of overdue receivables.
- Provide project cash inputs to the MENA cash forecast.
Reporting and compliance support
- Produce monthly portfolio reports covering margins, forecast movements, risks and opportunities, and backlog.
- Feed validated project forecasts into company budgets and forecasts; present performance and recommendations to the Finance Director and regional leadership.
- Review project-related month-end journals and reconciliations and support the year-end audit on contract revenue, work in progress, and project balances.
- Support VAT and WHT treatment of project invoices and subcontractor payments.
Position requirements
- Bachelor’s degree in finance, accounting, or a related field, plus ACCA, ACA, CPA, or CMA.
- 8+ years in finance, including 5+ years in project finance, project controls, or commercial finance in construction, events, or other project-based businesses.
- Hands-on experience with site visits and project valuations, including percent complete, earned value, and cost-to-complete.
- Strong grasp of project contracts, change orders, cost forecasting, and margin management.
- Working knowledge of IFRS 15 for long-term contracts.
Preferred qualifications
- Experience with Epicor or a similar ERP and project costing system is preferred.
- Advanced Excel and financial modeling skills are preferred.
- Live entertainment or events production experience is preferred.
- Working knowledge of UAE and KSA VAT and WHT is preferred.
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