Commercial Finance Manager

Client of Aventus Global Talent; United Arab Emirates; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading company in the UAE is seeking a Commercial Finance Manager to optimize financial resources and manage credit portfolios. The role involves negotiating financing solutions, supporting investment decisions, and ensuring robust financial planning. Candidates should have strong financial negotiation skills and a background in finance.

Qualifications

• Experience in financial negotiation and structuring financing solutions.
• Strong understanding of credit portfolio management and risk assessment.
• Proficient in financial modeling and investment project financing.

Responsibilities

• Lead negotiations to establish credit lines and structure financing deals.
• Manage the credit portfolio and optimize its structure and cost-efficiency.
• Prepare and validate financial models to evaluate the Group’s financial condition.

Skills

Financial Negotiation

Credit Portfolio Management

Financial Risk Assessment

Financial Modeling

Investment Analysis

Education

Bachelor's Degree in Finance or related field

Job description

The Commercial Finance Manager will play a strategic role in securing and optimising financial resources for the Group. This position is responsible for structuring and negotiating financing solutions, managing credit portfolios, supporting investment decisions, and ensuring robust financial planning and risk management. The role involves close collaboration with internal departments and external financial institutions to align funding strategies with business objectives.

Key Responsibilities

1. Attraction of Financial Resources for Group Enterprises

• Lead negotiations to establish credit lines for the Group and structure financing deals
• Identify suitable borrowers within the Group, determine appropriate credit volumes, and coordinate the submission of required documentation to financial institutions
• Organise financing across Group entities, including project finance, investment funding, working capital support, subsidised short-term loans, and other financing instruments
• Negotiate terms for credit agreements, guarantees, and pledges; oversee the preparation and execution of all related credit security documentation
• Manage the issuance of bank guarantees to counterparties (e.g., for payment obligations and VAT refunds) and verify guarantees provided by counterparties to safeguard Group interests
• Support and monitor ongoing financing transactions on a monthly and quarterly basis; ensure timely compliance with all terms and covenants of credit and security agreements, and coordinate cross-functional collaboration
• Oversee the fulfilment of payment obligations related to loan servicing (principal, interest, fees), ensuring adherence to account turnover requirements in partnership with the Group's cash management team

Optimisation of the Credit Portfolio

• Optimise the structure, duration, and cost-efficiency of the Group’s credit portfolio

Intragroup Borrowings and Related-Party Loans

• Draft and manage internal loan agreements for Group and related-party financing, including extensions and amendments
• Monitor settlements and ensure proper reconciliation of mutual obligations

Insurance Management

• Oversee property and liability insurance programs
• Define optimal insurance premiums and coverage, including policies for pledged assets (real estate, equipment)
• Arrange and renew mandatory and property insurance contracts in a timely manner

Financial Modeling and Risk Assessment

• Prepare and validate financial models based on management reports and operational data to evaluate the Group’s financial condition and identify risks of covenant breaches (in collaboration with the Budget and Analytical Department)

Investment Project Financing

• Maintain updated data on ongoing and planned investment projects to assess financing needs and arrange targeted funding (in coordination with relevant departments)

Financial Reporting and Audit Support

• Contribute to the preparation of financial reports for individual entities and consolidated Group statements
• Reconcile loan balances and interest (including intragroup loans)
• Support asset impairment testing and maintain up-to-date information on covenant compliance
• Liaise with external auditors for data requests

Contractual Risk Analysis

• Review and analyse the financial implications of contracts to protect the Group’s interests, collaborating with Legal, Finance, and Internal Audit departments

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