Senior Project Finance Manager (UAE National)

Quest Oracle Community

Abu Dhabi

On-site

AED 300,000 - 460,000

Full time

9 days ago
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Job summary

Mashreq Bank seeks a Senior Project Finance Manager to lead governance and financial reporting for technology projects bank‑wide. You will coordinate with Transformation Office, manage budgets, review business cases, and drive capitalization and asset recording with project managers.

Your role requires strong financial acumen, excellent English communication, and a collaborative approach across functions to mitigate risks and ensure policy compliance.

Qualifications

  • Must hold a Master’s in Finance/Accounting or CA/MBA Finance with 5–8 years in banking tech projects' financials.
  • Strong ability to analyze financial data and produce project dashboards.
  • Excellent communication and stakeholder management skills.
  • Fluent in English and able to build cross-functional relationships.

Responsibilities

  • Review financial business cases for Tech projects and drive budget management.
  • Provide timely financial reports to Transformation Office and stakeholders.
  • Oversee capitalization and asset recording with Project Managers.
  • Monitor cost overruns and utilization of budgets; alert leadership when needed.
  • Ensure documentation and approvals are stored in central repository.
  • Support annual CapEx planning with Tech and Business Leads.

Skills

Master's in Finance/Accounting or CA/M
Banking project finance
Financial analysis & reporting
English proficiency
Stakeholder management
Team collaboration

Education

Master's in Finance/Accounting or CA/MBA Finance

Tools

Oracle ERP / Oracle systems

Job description

Job Description

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:
  • Work with transformation office in driving and the Tech Project Financial reporting of bank wide related projects (for all business and functions) in close alignment with the Transformation Office.
  • 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
About Us

The leading financial institution in MENA

While more than half a century old, we proudly think like a challenger, startup, and innovator

in banking and finance, powered by a diverse and dynamic team who put customers first.

Together, we pioneer key innovations and developments in banking and financial services.

Our mandate? To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

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