Job Description

Job Summary

The Finance Manager will oversee the financial health and integrity of the construction company. This includes budgeting, forecasting, cost control, cash flow management, financial reporting, and ensuring compliance with statutory regulations. The role requires a deep understanding of the construction industry, including project-based accounting, contract management, and financial risk assessment.

Key Responsibilities

1. Financial Planning & Analysis

Develop and manage annual budgets, forecasts, and financial plans for projects and corporate operations. Perform financial modeling and scenario analysis for upcoming construction projects. Analyze project profitability, cash flow trends, and return on investment (ROI). Provide strategic financial insights to senior management for decision-making.
2. Project Accounting

Implement and maintain project-specific accounting systems to track costs and revenues accurately. Work closely with project managers to ensure budgets and timelines are adhered to. Monitor project spend vs. budget and investigate variances. Manage Work-in-Progress (WIP) reporting and project billing cycles.
3. Cost Control & Optimization

Monitor direct and indirect costs and drive cost-saving initiatives.
4. Cash Flow & Treasury Management

Monitor daily cash flow, bank balances, and funding requirements. Forecast short-term and long-term cash needs. Ensure timely collection of receivables and manage payables. Oversee banking relationships and optimize working capital.
5. Financial Reporting & Compliance

Prepare and present quarterly and annual financial statements. Ensure compliance with IFRS/IPSAS and local accounting standards. Coordinate internal and external audits and implement recommended improvements. Ensure adherence to tax regulations, labor laws, and industry-specific compliance.
6. Team Leadership & Collaboration

Lead and mentor the finance and accounts team. Collaborate with other departments. Develop financial policies, procedures, and internal controls.
Qualifications

Bachelor's degree in Accounting, Finance, or a related field (required). CPA, ACCA, CMA, or equivalent professional certification (preferred). Master's degree in Finance or MBA (a plus).
Experience

15+ years of progressive experience in finance/accounting roles. Minimum 5 years in a financial leadership position within the construction or real estate development industry. Strong knowledge of the UAE regulatory framework, VAT, and Corporate Tax.
Technical Skills

Proficient in accounting software (e.g., ERP systems). Advanced Excel skills and financial modeling capability. Familiarity with project management software.
Soft Skills

Strong analytical and problem-solving skills. Excellent communication and presentation abilities. Leadership, team-building, and decision-making capabilities. Attention to detail and a high degree of accuracy.
Core Competencies

Deep understanding of project accounting in contracting. Experience with cash flow management and project budgeting. Knowledge of retention, variation orders, and certified payments. Strong communication and coordination with project, procurement, and legal teams. Ability to set up financial policies, processes, and controls.
Package Range

Competitive salary depending on experience. Medical insurance. Annual leave and gratuity as per UAE law.
Job Type: Full-time

Experience:

Finance Manager: 5 years (Required)
Location:

* Abu Dhabi (Required)