Finance Manager - Shipyard Operations (UAE)

Ocean Oilfield; United Arab Emirates; On-site; AED 360,000 - 540,000; Full time

Job summary

Ocean Oilfield in the UAE seeks a Finance Manager to oversee financial operations, reporting, budgeting, forecasting, treasury management, and compliance. The role emphasizes strategic leadership across projects in GCC industrial settings, including shipyards and offshore sectors.

The candidate should bring extensive experience in GCC environments, strong governance, and the ability to drive profitability and operational excellence for senior management.

Qualifications

• Master’s degree in Finance or Accounting (CPA/CA/ACCA preferred).
• Minimum 15 years in Finance & Accounting with 10+ years as Finance Manager in GCC.
• Experience in Shipyard, Offshore, EPC, Oil & Gas, or Heavy Engineering industries preferred.

Responsibilities

• Prepare accurate monthly financial statements, management reports, and cash flow reports.
• Conduct financial analysis and provide actionable insights to management.
• Monitor financial performance and identify operational improvement opportunities.
• Develop annual budgets, financial plans, and weekly forecasts.
• Perform variance analysis against budgets and project performance.
• Support strategic financial planning initiatives.
• Prepare cost centre‑wise Profit & Loss analysis.
• Monitor project/job code profitability and notify management of cost variances.
• Coordinate with project and operational teams for financial tracking.
• Manage company treasury, banking relationships, and working capital.
• Provide weekly cash flow forecasts and liquidity planning reports.
• Ensure UAE VAT regulations, Corporate Tax requirements, e-invoicing, and statutory obligations.
• Coordinate external and internal audits and maintain strong governance.
• Advise senior management on financial strategies and business risks.
• Identify profitability enhancement and cost reduction opportunities.
• Support commercial decision‑making and operational efficiency initiatives.
• Lead and supervise the Finance & Accounting Department.

Skills

Financial leadership

Budgeting

Forecasting

Treasury management

Regulatory compliance

Management reporting

Education

Master’s degree in Finance or Accounting

CPA / CA / ACCA qualification preferred

Job description

Finance Manager - Shipyard Operations (UAE)

UAE

Position Summary

The Finance Manager will oversee the organization’s financial operations, reporting, budgeting, forecasting, treasury management, and regulatory compliance to support long‑term profitability and operational excellence.

The ideal candidate will have strong experience in GCC-based industrial, shipyard, offshore, EPC, or oil & gas environments, with the ability to provide strategic financial leadership to senior management.

Key Responsibilities

• Prepare accurate monthly financial statements, management reports, and cash flow reports
• Conduct financial analysis and provide actionable insights to management
• Monitor financial performance and identify operational improvement opportunities
• Budgeting & Forecasting
  • Develop annual budgets, financial plans, and weekly forecasts
  • Perform variance analysis against budgets and project performance
  • Support strategic financial planning initiatives
• Prepare cost centre-wise Profit & Loss analysis
• Monitor project/job code profitability and notify management of cost variances
• Coordinate closely with project and operational teams for financial tracking
• Treasury & Cash Flow Management
  • Manage company treasury, banking relationships, and working capital
  • Monitor and optimize company cash flow position
  • Provide weekly cash flow forecasts and liquidity planning reports
• Compliance & Audit
  • Ensure compliance with UAE VAT regulations, Corporate Tax requirements, e-invoicing, and statutory obligations
  • Coordinate external and internal audits
  • Maintain strong financial governance and internal controls
• Strategic Advisory
  • Advise senior management on financial strategies and business risks
  • Identify opportunities for profitability enhancement and cost reduction
  • Support commercial decision-making and operational efficiency initiatives
• Lead and supervise the Finance & Accounting Department
• Conduct performance reviews, mentoring, and team development
• Promote accountability, accuracy, and continuous improvement within the finance team

Key Requirements

• Education
  • Master’s Degree in Finance or Accounting
  • CPA / CA / ACCA qualification preferred
• Experience
  • Minimum 15 years of experience in Finance & Accounting
  • Minimum 10 years’ experience as a Finance Manager within the GCC
  • Previous experience in Shipyard, Offshore, EPC, Oil & Gas, or Heavy Engineering industries preferred