Manager - Finance EDGE Group PJSC

Role Description

The Finance Manager Technology & Innovation Cluster is responsible to oversee the financial activities of the Cluster, it will be directly involved in different finance topics from project finance management to monthly financial report and planning.

This position will work closely with cross-functional teams outside the Finance domain such as Engineering, Program Management, Strategy, Procurement and CTO office.

The role focuses on optimizing R&D spend, improving cost visibility, and supporting decision-making for innovation investments.

Key Responsibilities

Financial Planning and Analysis

• Prepare annual budgets, forecasts, performance reviewing & management reporting
• Prepare and analyze quarterly forecasts for the cluster
• Consolidate annual R&D budgets and forecasts
• Partner with R&D and engineering teams to translate project plans into costed budgets
• Track funding allocations across programs, ensuring alignment with corporate strategy

Project Finance and Reporting

• Understand budgeted cost basis for each project and monitor/control as per the project progress
• Work closely with program managers, engineers, and division heads in analyzing development costs, revenue, and profitability by project
• Monitor actual vs. budgeted spend on R&D projects and report variances
• Identify cost drivers, inefficiencies, and savings opportunities
• Ensure proper allocation of shared costs (labor, materials, overhead) to R&D projects
• Maintain accurate R&D capitalization and expense classification per IFRS standards
• Support to Month/Quarter/Year End activities

Governance

• Ensure adherence to internal policies and IFRS/IAS 38 requirements on R&D accounting
• Support external and internal audit processes by maintaining documentation of R&D cost treatment
• Contribute to internal control enhancements over R&D spending