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Finance Manager

petenco
Dubai, UAE
Full Time
Manager
Onsite
3 weeks ago
Financial ControlTreasury ManagementProject FinancingUAE VATCorporate TaxIFRS
Free

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Financial ControlTreasury ManagementProject Financing
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About petenco

  • petenco is an independent advisory, investment partnership, and delivery firm operating across the energy and chemicals value chain, including renewables, power and utilities, refining and petrochemicals, and storage and terminals.
  • We combine board level insight with execution capability, taking assets from concept to operation through disciplined governance, strategy deployment, and capital project oversight.

The Role

  • You will own financial control, reporting, treasury, tax, and cash discipline for the business.
  • You will supervise the central finance function in Dubai, including the Senior Accountant, and oversee project based finance staff embedded in major projects across the UAE and other jurisdictions.
  • You will lead strategic treasury, engaging directly with banks and lenders to arrange and execute project financing, while fully owning UAE VAT and Corporate Tax.
  • This is an on site Dubai role with travel to project sites as required.

What you will do

  • Own month end close quality and timelines, review journals, accruals, and cost allocations, and produce monthly management reporting packs with clear commentary on variances, cash position, and entity and project level P&L.
  • Lead strategic treasury, including cash forecasting and liquidity planning, and own the end to end project financing process from identifying banks and lenders and preparing information memoranda through negotiating and executing final arrangements.
  • Manage banking relationships and credit facilities, run weekly payment cycles with full approval compliance, maintain multi currency cash visibility, design FX hedging strategies, and optimise working capital.
  • Oversee project accounting setup, cost tracking, budgets versus actuals, and project close to ensure accurate project P&L and margin reporting, partnering with Project, Engineering, and Commercial to reduce revenue leakage.
  • Fully own UAE VAT and UAE Corporate Tax (registrations, computations, filings, payments, and FTA correspondence), ensure IFRS compliance across entities, and lead audit coordination to timely closure.
  • Manage and develop the Senior Accountant and project based finance staff across sites, set reporting cadence and quality standards, and improve workflows through SOPs, templates, automation, and stronger controls.

What you bring

  • Must have: Bachelor's degree in Finance, Accounting, or a related field.
  • Must have: 8+ years of progressive finance or accounting experience, with UAE based experience and demonstrated team leadership.
  • Must have: Strong knowledge of IFRS, UAE VAT, and UAE Corporate Tax, plus working knowledge of treasury instruments, FX hedging, and project finance structures.
  • Must have: Advanced proficiency in Microsoft Excel with strong reporting, modelling, and reconciliation capability; full professional proficiency in English.
  • Nice to have: Professional qualification (CA, ACCA, CPA, CFA, or equivalent).
  • Nice to have: Proven exposure to treasury operations, project finance, or capital structuring, and experience operating across multiple legal entities or jurisdictions.
  • Nice to have: ERP familiarity (SAP, Oracle, Microsoft Dynamics, or similar).
  • Nice to have: Arabic language skills.

Location

  • Dubai, UAE. Full Time.

Why join

  • Own the full finance function for an energy advisory and delivery business, with direct line to the CEO and real influence over capital and financing decisions.
  • Hands on scope across control, treasury, tax, and project finance, clear ownership end to end, and a disciplined, execution focused environment.

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