Chief Financial Officer ID - 35706

NADIA Recruitment & Management Consultants; Abu Dhabi; On-site; AED 1,000,000 - 2,000,000; Full time

Job summary

NADIA Recruitment & Management Consultants seeks an experienced Chief Financial Officer to lead financial strategy and governance for a well-established Abu Dhabi contracting company. The role requires extensive CFO/Finance Director experience in contracting, construction, engineering, or infrastructure, with proven skills in project finance and cash-flow management.

Responsibilities include steering budgeting, financial reporting, risk management, and maintaining regulatory compliance in the

Qualifications

• 15+ years of progressive finance experience at CFO/Finance Director level.
• Mandatory experience in contracting/construction, preferably UAE/GCC.
• Strong knowledge of cash-flow management, project costing, WIP, budgeting, forecasting, and profitability analysis.
• Experience with banking facilities, bonds, guarantees, and project financing.

Responsibilities

• Develop and execute the company's overall financial strategy.
• Lead finance, accounting, treasury, taxation, budgeting, and reporting functions.

Skills

Leadership

Negotiation

Analytical skills

Strategic decision-making

Education

Bachelor's degree in Finance/Accounting/Economics

CA/ACCA/CPA/CMA or equivalent

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.

Key Responsibilities

• 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.

Requirements

• 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.