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Finance Manager-Contracting

Euro Systems
Al Quoz, UAE
Fulltime
Executive
AED 14,000/month
2 months ago
Financial Planning and Analysis (FP&A)Budgeting and ForecastingFinancial ReportingCash Flow ManagementTreasury ManagementCost Accounting
Free

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Financial Planning and Analysis (FP&A)Budgeting and ForecastingFinancial Reporting
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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.

Key Responsibilitiesfinancial 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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