CFO

Ignite Search & Selection; Abu Dhabi; On-site; AED 300,000 - 400,000; Full time

Job summary

A leading company seeks a Financial Manager specializing in construction projects. This role encompasses financial strategy development, cash flow management, and risk mitigation focused on construction accounting principles. Candidates must possess significant industry experience and hold relevant educational qualifications, making data-driven financial decisions critical for success.

Qualifications

• Minimum 10-15 years of financial management experience, with at least 10 years in construction.
• In-depth knowledge of construction accounting principles.
• Proficiency in construction-specific financial software.

Responsibilities

• Develop and implement financial strategies for construction projects.
• Oversee all accounting operations and job costing.
• Manage financial tracking and reporting for construction projects.

Skills

Analytical skills

Problem-solving skills

Leadership skills

Communication skills

Education

Bachelor’s degree in Finance, Accounting, or related field

MBA or CPA preferred

Tools

Construction-specific financial software

ERP systems

Job description

• Financial Strategy and Planning: Develop and implement financial strategies aligned with the company’s short-term and long-term goals. This includes budgeting, forecasting, and economic modeling specific to construction projects. • Construction Accounting: Oversee all accounting operations, ensuring adherence to construction-specific accounting principles and regulations. This involves managing job costing, revenue recognition, and project-based accounting. • Cash Flow Management: Implement strategies to optimize cash flow, considering construction projects’ unique payment cycles and capital requirements. • Risk Management: Identify, assess, and mitigate financial risks specific to the construction industry, including contract risks, bonding requirements, and insurance considerations. • Project Financial Oversight: Work closely with project managers to ensure accurate financial tracking and reporting for individual construction projects. • Technology Integration: Evaluate and implement financial technology solutions that cater to the specific needs of the construction industry. • Stakeholder Communication: Prepare and present financial reports and analyses to company leadership, board members, and potential investors, translating complex financial data into actionable insights.

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred • Minimum of 10-15 years of financial management experience, with at least 10 years in the construction industry • In-depth knowledge of construction accounting principles, job costing, and project-based financial management • Strong understanding of construction contracts, bonding, and industry-specific regulations • Proficiency in construction-specific financial software and ERP systems • Excellent analytical and problem-solving skills, with the ability to make data-driven decisions • Strong leadership and communication skills, with the ability to collaborate across departments