Job description

Job Summary:

We are seeking an experienced and commercially astute Chief Financial Officer (CFO) to lead the financial strategy, governance, and overall financial management of a well-established contracting company in Abu Dhabi. The ideal candidate must have strong CFO/Finance Director-level experience within a contracting, construction, engineering, or infrastructure company, with a proven track record in project finance, cash-flow management, cost control, financial planning, and commercial decision-making.

• • Develop and execute the company's overall financial strategy in alignment with business objectives.
  • Lead and oversee all finance, accounting, treasury, taxation, budgeting, and financial reporting functions.
  • Provide strategic financial advice to the CEO, Board, and senior management.
  • Prepare and monitor annual budgets, forecasts, financial plans, and cash-flow projections.
  • Manage working capital, liquidity, cash flow, banking relationships, and financing requirements.
  • Oversee project-level financial performance, including project costing, profitability, WIP, revenue recognition, variations, claims, retention, and receivables.
  • Establish effective financial controls to monitor project costs and prevent cost overruns.
  • Review and assess the financial viability and risks of new projects, tenders, contracts, and major investments.
  • Work closely with the commercial and contracts teams on contractual claims, variations, payment certificates, retention, bonds, guarantees, and collections.
  • Monitor project margins and provide timely analysis of financial performance against budgets.
  • Ensure accurate and timely monthly, quarterly, and annual financial reporting.
  • Oversee statutory audits, internal controls, tax compliance, VAT, and other regulatory requirements applicable in the UAE.
  • Maintain strong relationships with banks, auditors, financial institutions, investors, and key stakeholders.
  • Develop and strengthen financial policies, procedures, controls, and governance frameworks.
  • Identify financial and operational risks and implement appropriate mitigation strategies.
  • Lead, mentor, and develop the finance and accounting team.
  • Provide management with meaningful financial analysis and recommendations to support business decisions.
  • Ensure compliance with UAE laws, accounting standards, company policies, and contractual obligations.

• • Bachelor's degree in Finance, Accounting, Economics, or a related discipline.
  • Professional qualification such as CA, ACCA, CPA, CMA, or equivalent is highly preferred.
  • 15+ years of progressive finance experience, with significant experience at CFO, Finance Director, or equivalent senior leadership level.
  • Mandatory experience within a contracting/construction company, preferably in the UAE or GCC.
  • Strong understanding of construction/project accounting and contracting finance.
  • Proven experience managing the financial operations of a project-based contracting business.
  • Strong knowledge of cash-flow management, project costing, WIP, working capital, budgeting, forecasting, and profitability analysis.
  • Experience with banking facilities, performance bonds, advance payment guarantees, letters of credit, and project financing.
  • Strong understanding of commercial and contractual aspects of construction projects.
  • Experience working closely with QS, Commercial, Contracts, Procurement, Projects, and Operations teams.
  • Excellent knowledge of UAE VAT, corporate tax, and applicable financial regulations.
  • Strong leadership, negotiation, analytical, and strategic decision-making skills.