Finance Manager

Confidential; Ajman; On-site; AED 391,000 - 614,000; Full time

Job summary

Confidential is seeking an experienced Finance Manager for UAE road construction and contracting sector. You will oversee the finance and accounting function with a strong emphasis on project-based financial management, budgeting, forecasting, cash flow, cost allocation, and year-end closing.

Key duties include managing operations, leading budgeting and forecasts, monitoring variances, preparing financial statements, coordinating with auditors, and supporting government-contract finances.

Qualifications

• 8+ years UAE experience in the road construction/contracting industry.
• Strong finance and accounting experience within contracting.
• Proven experience with government/semi-government contracts.
• Proven project cash flow management experience.
• Experience with budgeting, forecasting and variance analysis.
• Experience with project cost allocation and WIP accounting.
• Experience preparing Balance Sheets and P&L statements.
• Strong month-end and year-end closing experience.

Responsibilities

• Manage complete finance and accounting operations of the company.
• Prepare, monitor, and manage project and contracting cash flow.
• Lead the annual budgeting process and prepare financial forecasts.
• Monitor actual performance against budgets and analyze variances.
• Prepare monthly, quarterly, and annual financial statements (Balance Sheet and P&L).
• Manage month-end and year-end closings.
• Coordinate with external auditors and support annual audits.
• Lead, supervise, and manage the accounting and finance team.
• Monitor project budgets, costs and cost allocation across projects.
• Manage work in progress accounting and allocation of project costs.
• Monitor project profitability and variances.
• Manage receivables, payables, and working capital.
• Coordinate with Project, Commercial, QS, Procurement and Management teams.
• Prepare financial reports and analyses for CFO and senior management.
• Maintain strong financial controls and compliance.

Skills

Project financial management

Budgeting and forecasting

Cash flow management

Cost allocation

Year-end closing

Financial reporting

Auditor coordination

Job description

We are looking for an experienced Finance Manager with a strong background in the UAE road construction and contracting industry.

The successful candidate will be responsible for managing the overall finance and accounting function, with particular focus on project based financial management, budgeting and forecasting, cash flow management, cost allocation, and yearend closing.

Key Responsibilities:

• Manage the complete finance and accounting operations of the company.
• Prepare, monitor, and manage project and contracting cash flow.
• Lead the annual budgeting process and prepare financial forecasts.
• Monitor actual performance against budgets and analyze variances.
• Prepare monthly, quarterly, and annual financial statements, including Balance Sheet and Profit & Loss statements.
• Manage month end and year end closing activities.
• Coordinate with external auditors and support the annual audit process.
• Lead, supervise, and manage the accounting and finance team.
• Monitor project budgets, project costs, and cost allocation across ongoing projects.
• Manage work in progress accounting and ensure proper allocation of project related costs.
• Monitor project profitability, cost variances, and overall financial performance.
• Manage receivables, payables, payment schedules, and working capital.
• Coordinate closely with Project, Commercial, Quantity Surveying, Procurement, and Management teams.
• Prepare financial reports, management reports, forecasts, and financial analysis for the CFO and senior management.
• Maintain strong financial controls, accounting procedures, and compliance requirements.
• Support financial management of contracts related to government and semi-government entities.

Candidate Requirements:

• Minimum 8 years of UAE experience in the road construction / road contracting industry.
• Strong experience in finance and accounting within a contracting environment.
• Proven experience working on contracts and projects for government or semi-government entities.
• Strong experience in contracting and project cash flow management.
• Hands-on experience in budgeting, forecasting, and variance analysis.
• Strong experience in project cost allocation and work-in-progress accounting.
• Experience in preparing Balance Sheets, Profit & Loss statements, and other financial reports.
• Strong experience in month-end and year-end closing.Strong understanding of project-based accounting, cost control, and contracting financial management.
• Immediate availability or the ability to join immediately will be an advantage.