Senior Finance Manager

Confidential Company

The Senior Finance Manager will serve as the financial backbone of the Group, owning all aspects of finance, treasury, banking relationships, cash flow management, budgeting, and group-level financial reporting. This is a senior leadership position requiring a hands-on, commercially astute individual who can manage the complexities of a multi-entity, multi-country contracting business while providing strategic financial counsel to executive leadership.

1. Banking & Treasury Management

• Manage and maintain all banking relationships across UAE, KSA, and Qatar — including commercial banks, Islamic finance institutions, and trade finance providers.

• Negotiate and manage credit facilities, bank guarantees (tender, performance, advance payment), letters of credit (LC), and other banking instruments.

• Oversee treasury operations including investment of surplus funds, FX risk management, and intercompany funding.

• Ensure compliance with banking covenants and liaise with relationship managers for timely renewals and facility reviews.

1. Cash Flow & Working Capital Management

• Prepare, maintain, and continuously monitor weekly and monthly cash flow forecasts across all entities.

• Manage working capital cycle — debtors, creditors, and project billing milestones — to optimize liquidity.

• Coordinate with project and operations teams to align payment schedules, client invoicing, and subcontractor settlements.

• Identify and address cash flow gaps proactively; recommend corrective actions to management.

1. Budgeting & Financial Planning

• Lead the annual group budgeting exercise in coordination with department heads and project managers.

• Develop divisional and consolidated budgets covering revenue, cost of sales, overhead, capex, and manpower.

• Conduct variance analysis (actual vs. budget) and provide actionable commentary to senior management on a monthly basis.

• Support strategic planning through multi-year financial modelling, sensitivity analysis, and scenario planning.

1. Financial Reporting & Compliance

• Prepare accurate and timely monthly, quarterly, and annual financial statements (P&L, Balance Sheet, Cash Flow) for all group entities.

• Ensure group consolidation and inter-company eliminations are completed accurately and on schedule.

• Liaise with external auditors and coordinate the annual statutory audit process.

• Ensure compliance with UAE VAT regulations, KSA ZATCA requirements, and Qatar tax laws; coordinate with tax consultants as needed.

• Maintain proper books of accounts in compliance with IFRS standards.

1. Project Finance & Cost Control

• Monitor financial performance of individual contracts and projects; provide project-wise P&L visibility.

• Review and validate project cost estimates, BOQs, and variation order claims from a financial perspective.

• Track mobilization costs, project receivables, and retention release schedules.

• Support the tendering team with financial inputs, bid bonds, and project financing structures.

1. Accounts & Internal Controls

• Oversee the accounts payable and receivable functions; ensure timely collection and payment cycles.

• Establish and enforce robust internal financial controls, SOPs, and authorization matrices.

• Ensure accurate and compliant payroll processing in coordination with the HR department.

• Implement and optimize ERP/accounting systems (e.g., Oracle, SAP, Tally, or equivalent).

1. Strategic & Advisory Role

• Act as a strategic advisor to the Group CEO and senior leadership on financial matters, capital allocation, and business performance.

• Evaluate financial viability of new business opportunities, joint ventures, and market expansion.

• Prepare board-level financial presentations and investor/banker reports as required.

• Lead, mentor, and develop the finance team across group entities.