Senior Project Finance Manager

Mashreq; Dubai; On-site; AED 300,000 - 560,000; Full time

Job summary

Shapoorji Pallonji & Company Pvt. Ltd. in Dubai seeks a Senior Project Finance Manager to govern financial reporting for Tech projects and collaborate with Tech leadership. You will review business cases, manage Tech budgets, and deliver timely stakeholder dashboards.

The ideal candidate holds a Master’s in Finance/Accounting or CA/MBA Finance with 5–8 years in banking, strong project-management and financial-analysis skills, and fluent English. Oracle/project accounting knowledge is a plus.

Qualifications

• Must hold Master’s in Finance / accounting or CA / MBA Finance with 5–8 years of experience in banking industry.
• Experience managing multiple technology project financials and reporting.
• Strong analytical and communication skills; fluent in English.

Responsibilities

• Governance and financial reporting for Tech projects.
• Review business cases and capital expenditure proposals.
• Drive Tech budget management and asset capitalization in Oracle.
• Provide timely dashboards to stakeholders and monitor financial risks.

Skills

Masters in Finance

CA

MBA Finance

Banking experience

Project management

Financial analysis

Oracle

Education

Master’s in Finance or Accounting

CA (Chartered Accountant)

MBA Finance

Tools

Oracle

Job description

Job Purpose

Senior Project Finance Manager is responsible for managing the Governance and the Project Financial Reporting of bank wide related (Tech) projects. In this role it works very closely with Tech within Mashreq and especially the Head of Tech / Head of Transformation office. The Project Finance Manager will review financial business cases of Tech projects, drive the Tech related Budget Management for Tech and the various business and functions, provide timely financial reports to the stakeholders, Identifying and mitigating Financial Risks, Complying with Internal Policies and regulations, ensuring coordination with Project Managers for timely capitalisation and recording of Assets, Assist Transformation Office in overall Governance of the Projects.

Key Result Areas

Critical Financial evaluation of the Executive summary / CapEx proposals and ensure all elements are captured as per the standard Ensure all relevant documentation and approvals are stored in the Central Project repository Creation of Project in Oracle system and assigning the Budget as approved and monitor the same. Provide timely financial reports / dashboards to the stakeholders on the project financials. Coordination with Project Mangers, Transformation Office, CAD for the timely capitalization of the Projects and recording of Fixed Assets as per the Policy Alert the Management / Transformation Office on the cost overrun, excess underutilization / non -utilization of budgets etc. on a timely manner Validate for the correct chargeability, usage of appropriate Item codes, GL in Oracle I procurement On Project closure, ensure for closing the same in system, coordinate with Project Managers, CPD for the close of unused LPOs etc.

Classification

Confidential Ensure compliance with Internal policies and regulations on every stage of the project as applicable Actively involve and drive in the Annual CapEx Planning Exercise with Tech / Business Leads and with Transformation Office

Knowledge, Skills and Experience

Must hold Master’s in Finance / accounting or CA / MBA Finance with at least 5-8 years of experience in banking industry in managing multiple technology projects financials and its reporting Knowledge and affinity with projects and program management, and Tech projects and topics. Strong acumen in analyzing the financial data and proficient in project / financial software and tools High problem-solving skills and ability to establish and maintain strong working relationships with the stakeholders across the organisation Effective communication skills Fluent in English Team worker