Project Finance Controller

SD (Middle East) LLC; Dubai; On-site; AED 120,000 - 150,000; Full time

Job summary

SD (Middle East) LLC is seeking a Project Finance Controller located in Dubai, UAE. In this role, you will oversee financial planning, reporting, and project accounting processes, ensuring compliance with GAAP or IFRS regulations. Candidates should have a degree in Finance or a related field and at least 3 years of project finance experience.

Ideal candidates will possess strong analytical skills, experience with financial software like SAP, and a proactive approach to managing project finances. Applications are invited for this dynamic opportunity in a leading logistics solutions company.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Minimum 3 years of experience in project finance or cost management.
• Familiarity with cost controlling and financial regulations required.

Responsibilities

• Maintain accurate forecast of business operating performance.
• Oversee project accounting processes and financial reporting.
• Prepare and manage project budgets and forecasts.

Skills

Financial modeling

Project cost planning

Interpersonal skills

Microsoft Excel

SAP

GAAP or IFRS

Education

Degree in Finance or Accounting

Master’s degree

Tools

Microsoft PowerPoint

ERP systems (e.g., SAP, Oracle)

Job description

Overview

We are a leading provider of innovative, high-performance solutions for airport logistics. Our portfolio includes products and services for baggage and cargo handling, advanced software for the digitalization of logistics processes, and a comprehensive range of maintenance and support services. Our major clients include renowned airports and airlines around the world.

Be a part of our team as a Project Finance Controller in Dubai, UAE.

Responsibilities

• Financial planning and analysis: maintain accurate forecast of the business operating performance and monitor against FY targets. Analyze potential deviations (risks) and define mitigation measures.
• Financial reporting: Oversee and consolidate the periodical reporting of financial results of ACP/DB projects as well as cost center performance in line with deadlines given.
• Project Accounting: Oversee project accounting processes (e.g. billing, accruals, JV's) towards ACF is done timely and completely with supporting documents as per the underlying requirements (e.g. VAT, FRG).
• Project Budget Estimation: Creates and manages the project budget from bid evaluation (post contract) with contract information and updated information from various project team members (PM, ENG, Scheduler, CCM etc.) Calculate, evaluate and verify the estimates to complete (ETC) with various departments (technical, commercial, procurement, planning site etc.) with analysis and conclusive measures
• Project Planning & Forecasting: Prepare accurately cost and cash flow plan as per its occurrence according to applicable accounting guidelines and the underlying project plans (e.g. procurement, program of works, manpower) and optimize where possible. Prepare sales forecast according to the periodic budget and financial report requirements. Prepare various costing schedule(s) for Activity based costing.
• Cost Controlling & Allocation: Allocate cost according to its cause, coordinates and verifies the correctness of the cost bookings. Verifies the actual costs against the achieved progress. Continuously record and monitor planned, committed and incurred cost and highlight budget constrains timely to ensure project cost to stay within budget.

Qualifications

• A degree in Finance, Accounting, Business Administration, or a related field.
• Strong background in the field of project cost planning, finance, accounting or business administration; Master’s degree an added advantage.
• Certifications such as CPA, CFA, CMA oran established QS certification are highly advantageous.
• Direct experience of at least 3 years in project finance, controlling, or cost management within a project-based electromechanical engineering and construction environment.
• Proficiency in creating financial models, budgets, and forecasts for analyzing and interpreting project data. Ability to prepare accurate and timely financial statements and reports for both internal and external stakeholders is a key function.
• Expertise in financial and project management software, including advanced knowledge of Microsoft Excel and PowerPoint, is a necessity. Knowledge of specific ERP systems like SAP or Oracle is required.
• A strong understanding of financial regulations, such as GAAP or IFRS, is needed to ensure compliance and ethical conduct.
• High social competence, which enables positive intercultural interaction with colleagues and business partners.
• Technically versed and familiar in Project Controls, Scheduling, Contract management and Project Coordination
• Strong communication and interpersonal skills.
• Confident, results-oriented, highly motivated with a proactive attitude.
• Ability to prioritize tasks and work effectively in a fast-paced environment.