Finance Manager-Contracting

Job Summary

Key Responsibilitiesfinancial Management & Reporting

• Oversee the preparation of accurate and timely **monthly, quarterly, and annual financial statements**.
• Ensure compliance with **IFRS standards** and UAE financial regulations.
• Manage the general ledger, accounts payable/receivable, and payroll functions.
• Establish and maintain robust **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.
• Track and report on **Work-in-Progress (WIP)** and ensure accurate financial representation.
• Oversee **progress billing, variations, and retention accounting**.
• Collaborate with project and operations teams to control costs and improve financial performance.

Budgeting & Financial Planning

• Lead the **annual budgeting process** and periodic forecasting exercises.
• Develop financial models to support **strategic planning and project feasibility analysis**.
• Analyze financial performance and provide actionable recommendations to senior management.

Cash Flow & Working Capital Management

• Monitor and manage **cash flow**, ensuring sufficient liquidity for project execution.
• Optimize **working capital**, including receivables, payables, and inventory management.
• Coordinate with clients and internal teams to ensure timely collections.

Compliance & Audit

• Liaise with **external auditors, tax consultants, and regulatory authorities**.
• Ensure compliance with **UAE VAT regulations** and other statutory requirements.
• Prepare audit schedules and ensure smooth completion of internal and external audits.

Leadership & Team Management

• Lead, mentor, and develop the finance team to achieve high performance.
• Establish clear KPIs and drive accountability within the department.
• Foster a culture of continuous improvement and professional development.

Requirements

• Chartered Accountant (CA) qualification or Master’s degree in Accounting/Finance.
• 10–15 years of progressive experience in finance and accounting.
• Minimum 5 years of experience in a **Finance Manager or Finance Controller role**.
• **Mandatory experience in contracting, construction, façade, aluminum, or related industries.**
• Strong expertise in **project accounting, job costing, WIP accounting, and revenue recognition**.
• Experience handling **progress billing, variations, retention, and project-based cash flows**.
• Proficiency in **ERP systems** (SAP, Oracle, Tally, or similar).
• Strong knowledge of **IFRS and UAE VAT regulations**.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and interpersonal skills.
• Ability to work in a **fast-paced, deadline-driven environment**.
• Fluency in English is required.

Job Type: Full-time