Senior Finance Manager

Overview

• Banking & Treasury Management

• Manage and maintain all banking relationships across UAE, KSA, and Qatar — including commercial banks, Islamic finance institutions, and trade finance providers.
• Negotiate and manage credit facilities, bank guarantees (tender, performance, advance payment), letters of credit (LC), and other banking instruments.
• Oversee treasury operations including investment of surplus funds, FX risk management, and intercompany funding.
• Ensure compliance with banking covenants and liaise with relationship managers for timely renewals and facility reviews.

• Cash Flow & Working Capital Management

• Prepare, maintain, and continuously monitor weekly and monthly cash flow forecasts across all entities.
• Manage working capital cycle — debtors, creditors, and project billing milestones — to optimize liquidity.
• Coordinate with project and operations teams to align payment schedules, client invoicing, and subcontractor settlements.
• Identify and address cash flow gaps proactively; recommend corrective actions to management.

• Budgeting & Financial Planning

• Lead the annual group budgeting exercise in coordination with department heads and project managers.
• Develop divisional and consolidated budgets covering revenue, cost of sales, overhead, capex, and manpower.
• Conduct variance analysis (actual vs. budget) and provide actionable commentary to senior management on a monthly basis.
• Support strategic planning through multi-year financial modelling, sensitivity analysis, and scenario planning.

• Financial Reporting & Compliance

• Prepare accurate and timely monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) for all group entities.
• Ensure group consolidation and inter-company eliminations are completed accurately and on schedule.
• Liaise with external auditors and coordinate the annual statutory audit process.
• Ensure compliance with UAE VAT regulations, KSA ZATCA requirements, and Qatar tax laws; coordinate with tax consultants as needed.
• Maintain proper books of accounts in compliance with IFRS standards.

• Project Finance & Cost Control

• Monitor financial performance of individual contracts and projects; provide project-wise P&L visibility.
• Review and validate project cost estimates, BOQs, and variation order claims from a financial perspective.
• Track mobilization costs, project receivables, and retention release schedules.
• Support the tendering team with financial inputs, bid bonds, and project financing structures.

• Accounts & Internal Controls

• Oversee the accounts payable and receivable functions; ensure timely collection and payment cycles.
• Establish and enforce robust internal financial controls, SOPs, and authorization matrices.
• Ensure accurate and compliant payroll processing in coordination with the HR department.
• Implement and optimize ERP/accounting systems (e.g., Oracle, SAP, Tally, or equivalent).

• Strategic & Advisory Role

• Act as a strategic advisor to the Group CEO and senior leadership on financial matters, capital allocation, and business performance.
• Evaluate financial viability of new business opportunities, joint ventures, and market expansion.
• Prepare board-level financial presentations and investor/banker reports as required.
• Lead, mentor, and develop the finance team across group entities.