Finance Manager

Rakhat Construction; Dubai; On-site; AED 400,000 - 700,000; Full time

Job summary

Rakhat Construction is seeking an experienced Finance Manager to lead the finance function within a dynamic construction and development environment in the UAE. The role requires ACCA with UAE equivalency, and 7–10 years of progressive finance leadership experience, including building and developing finance teams.

You will oversee budgeting, cash flow, compliance, and project-related financial controls while supporting growth and informed decision-making.

Qualifications

• ACCA qualification or equivalency is required.
• Minimum 7–10 years of finance experience, with at least 3–5 years in a senior finance or leadership role.
• Strong background in the construction and development industry is essential.
• Experience working with ERP/accounting systems; strong MS Excel skills are required.

Responsibilities

• Lead and manage the full finance function, including accounting, treasury, budgeting, forecasting, reporting, and compliance.
• Build, structure, train, and develop a high-performing finance team; establish clear roles, processes, and performance standards.
• Prepare accurate and timely monthly, quarterly, and annual financial statements and management reports.
• Oversee project costing, budget control, cash flow forecasting, and financial performance analysis for construction and development projects.
• Monitor project profitability, cost variances, contractor payments, subcontractor accounts, and project cash requirements.
• Prepare annual budgets, financial forecasts, and long-term financial plans in line with company strategy.
• Manage cash flow, banking relationships, working capital, payables, receivables, and supplier payment cycles.
• Ensure compliance with UAE tax regulations, including Corporate Tax and VAT requirements.
• Coordinate with external auditors, tax consultants, banks, and regulatory authorities.
• Implement and improve internal financial controls, accounting policies, procedures, and reporting systems.
• Review contracts, payment applications, variations, retention, and project-related financial documentation.
• Provide financial insights, risk analysis, and recommendations to senior management for strategic decisions.
• Support feasibility studies, project financing, investment analysis, and business development initiatives.
• Ensure timely month-end and year-end closing processes and maintain accurate financial records.
• Supervise payroll, WPS compliance, and related financial operations.

Skills

Finance leadership

Budgeting

Forecasting

Financial reporting

Cash flow management

Risk analysis

Team leadership

Analytical skills

Communication

Education

Bachelor's degree in Finance/Accounting/Commerce

ACCA qualification or equivalency

Tools

ERP systems

MS Excel

Job description

Reports To: Managing Director / Group CEO

Position Summary

We are seeking an experienced and strategic Finance Manager with a strong background in the construction and development industry. The ideal candidate will hold an ACCA qualification with UAE equivalency certification and have 7–10 years of progressive finance leadership experience, including building, managing, and developing finance teams. The Finance Manager will oversee the company’s financial operations, budgeting, reporting, cash flow, compliance, and project-related financial controls, while supporting business growth and effective decision-making.

Key Responsibilities

• Lead and manage the full finance function, including accounting, treasury, budgeting, forecasting, reporting, and compliance.
• Build, structure, train, and develop a high-performing finance team; establish clear roles, processes, and performance standards.
• Prepare accurate and timely monthly, quarterly, and annual financial statements and management reports.
• Oversee project costing, budget control, cash flow forecasting, and financial performance analysis for construction and development projects.
• Monitor project profitability, cost variances, contractor payments, subcontractor accounts, and project cash requirements.
• Prepare annual budgets, financial forecasts, and long-term financial plans in line with company strategy.
• Manage cash flow, banking relationships, working capital, payables, receivables, and supplier payment cycles.
• Ensure compliance with UAE tax regulations, including Corporate Tax and VAT requirements.
• Coordinate with external auditors, tax consultants, banks, and regulatory authorities.
• Implement and improve internal financial controls, accounting policies, procedures, and reporting systems.
• Review contracts, payment applications, variations, retention, and project-related financial documentation.
• Provide financial insights, risk analysis, and recommendations to senior management for strategic decisions.
• Support feasibility studies, project financing, investment analysis, and business development initiatives.
• Ensure timely month-end and year-end closing processes and maintain accurate financial records.
• Supervise payroll, WPS compliance, and related financial operations.

Requirements

• Bachelor’s degree in Finance, Accounting, Commerce, or a related field.
• ACCA qualification or equivalency is required.
• Minimum 7–10 years of finance experience, with at least 3–5 years in a senior finance or leadership role.
• Strong background in the construction and development industry is essential.
• Proven experience in handling, managing, and creating finance teams.
• Solid knowledge of project accounting, cost control, budgeting, cash flow management, and financial reporting.
• Strong understanding of UAE Corporate Tax, VAT, WPS, and relevant financial regulations.
• Experience working with ERP/accounting systems; strong MS Excel skills are required.
• Excellent analytical, leadership, communication, and problem-solving skills.
• Ability to work under pressure, manage multiple priorities, and meet strict deadlines.