Job Description

Roles & Responsibilities

The Senior Finance Manager will serve as the financial backbone of the Group, owning all aspects of finance, treasury, banking relationships, cash flow management, budgeting, and group-level financial reporting. This is a senior leadership position requiring a hands-on, commercially astute individual who can manage the complexities of a multi-entity, multi-country contracting business while providing strategic financial counsel to executive leadership.

1. Banking & Treasury Management

• Manage and maintain all banking relationships across UAE, KSA, and Qatar — including commercial banks, Islamic finance institutions, and trade finance providers.

• Negotiate and manage credit facilities, bank guarantees (tender, performance, advance payment), letters of credit (LC), and other banking instruments.

• Oversee treasury operations including investment of surplus funds, FX risk management, and intercompany funding.

• Ensure compliance with banking covenants and liaise with relationship managers for timely renewals and facility reviews.

1. Cash Flow & Working Capital Management

• Prepare, maintain, and continuously monitor weekly and monthly cash flow forecasts across all entities.

• Manage working capital cycle — debtors, creditors, and project billing milestones — to optimize liquidity.

• Coordinate with project and operations teams to align payment schedules, client invoicing, and subcontractor settlements.

• Identify and address cash flow gaps proactively; recommend corrective actions to management.

1. Budgeting & Financial Planning

• Lead the annual group budgeting exercise in coordination with department heads and project managers.

• Develop divisional and consolidated budgets covering revenue, cost of sales, overhead, capex, and manpower.

• Conduct variance analysis (actual vs. budget) and provide actionable commentary to senior management on a monthly basis.

• Support strategic planning through multi-year financial modelling, sensitivity analysis, and scenario planning.

1. Financial Reporting & Compliance

• Prepare accurate and timely monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) for all group entities.

• Ensure group consolidation and inter-company eliminations are completed accurately and on schedule.

• Liaise with external auditors and coordinate the annual statutory audit process.

• Ensure compliance with UAE VAT regulations, KSA ZATCA requirements, and Qatar tax laws; coordinate with tax consultants as needed.

• Maintain proper books of accounts in compliance with IFRS standards.

1. Project Finance & Cost Control

• Monitor financial performance of individual contracts and projects; provide project-wise P&L visibility.

• Review and validate project cost estimates, BOQs, and variation order claims from a financial perspective.

• Track mobilization costs, project receivables, and retention release schedules.

• Support the tendering team with financial inputs, bid bonds, and project financing structures.

1. Accounts & Internal Controls

• Oversee the accounts payable and receivable functions; ensure timely collection and payment cycles.

• Establish and enforce robust internal financial controls, SOPs, and authorization matrices.

• Ensure accurate and compliant payroll processing in coordination with the HR department.

• Implement and optimize ERP/accounting systems (e.g., Oracle, SAP, Tally, or equivalent).

1. Strategic & Advisory Role

• Act as a strategic advisor to the Group CEO and senior leadership on financial matters, capital allocation, and business performance.

• Evaluate financial viability of new business opportunities, joint ventures, and market expansion.

• Prepare board-level financial presentations and investor/banker reports as required.

• Lead, mentor, and develop the finance team across group entities.

Desired Candidate Profile

Education

• Bachelor's degree in Finance, Accounting, or a related discipline (mandatory).

• CA / ACCA / CPA / CMA qualification preferred. MBA Finance is an added advantage.

Experience

• Minimum 10–12 years of progressive finance experience, with at least 3–5 years in a senior managerial role.

• Mandatory: Prior experience in a contracting, construction, or project-based company in the GCC region.

• Demonstrated track record in managing banking relationships, project finance, and multi-entity group reporting.

• Hands-on experience with UAE VAT, bank guarantee/LC management, and IFRS-compliant financial reporting.

• Exposure to multi-country GCC operations (UAE + KSA and/or Qatar) highly preferred.

Technical Skills & Competencies

• Advanced proficiency in ERP systems (Oracle Fusion, SAP, Microsoft Dynamics, or Tally) and MS Excel (financial modelling, pivot tables, dashboards).

• Strong command of IFRS accounting standards and GCC-specific regulatory requirements.

• Deep understanding of trade finance instruments — bank guarantees, LCs, invoice discounting.

• Proficiency in cash flow modelling, budget consolidation, and financial scenario analysis.

• Excellent communication and stakeholder management skills; ability to present financials to non-finance leadership.

• High attention to detail, integrity, and the ability to manage multiple entities simultaneously.

• Fluency in English (required); Arabic language skills are an advantage.