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Finance Manager

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Onsite

Finance Manager

Aarvi Encon Limited

Finance Manager

Skills

BudgetingFinancial ControlRisk Management

25 days ago

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Important information


Contract type:

Permanent

Location:

Dubai - United Arab Emirates

Work mode:

Onsite

Published on:

29 September 2026

What they need


Strong hands-on project finance and cost control expertise

  • Deep understanding of contracting cash flow and margin management

  • Practical knowledge of construction contracts (FIDIC preferred)

  • Commercial mindset with strong attention to detail

  • Ability to operate independently and make fast, informed decisions

  • Bachelor’s degree in Finance, Accounting, or related field

  • Professional qualification (CA / CPA / ACCA / CMA) preferred

  • 10–15 years of experience in construction contracting finance

  • Proven experience managing multiple live projects in a mid-size contractor

  • Middle East contracting experience preferred

The Finance Manager – Contracting Division is responsible for end-to-end financial control of the contracting business, with direct ownership of project cost control, billing, cash flow, and financial reporting. The role is hands-on and commercially driven, working closely with Project Directors and Operations to protect margins, accelerate cash collections, and manage financial risk across live projects.

Key Duties and Responsibilities:

1.Project Financial Control

  • Own financial performance of all live contracting projects

  • Establish and control project budgets, cost tracking, and cost-to-complete forecasts

  • Monitor margins, overhead recovery, and project profitability on a real-time basis

  • Intervene early on cost overruns and margin slippage

  • Review cost to complete with budgets and highlight variance to management/ CEO

  • Monitor uncertified work on monthly basis for prompt billing and clearance.

  • Highlight all long outstanding uncertified work to management/ CEO

2.Billing, Claims & Cash Flow

  • Drive timely submission of interim payment applications, variations, and final accounts

  • Closely track certifications, invoicing, collections, and retention recovery

  • Support financial evaluation of variations, claims, and prolongation costs

  • Maintain rolling project cash flow forecasts and funding visibility

3.Commercial & Contract Support

  • Review contract terms impacting cash flow, penalties, retentions, and claims exposure

  • Support negotiations on variations, settlements, and dispute resolutions

  • Ensure financial alignment between main contracts and subcontract agreements

4Financial Reporting & Governance

  • Prepare concise monthly project and divisional financial reports for management

  • Ensure accurate WIP, accruals, and provisions with minimal reliance on head office layers

  • Maintain practical internal controls suitable for a mid-size contracting environment

  • Coordinate audits and statutory reporting with external advisors

5 Budgeting, Forecasting & Tender Support

  • Lead annual budgets and quarterly forecasts for the contracting division

  • Review tender pricing, margin assumptions, and cash flow profiles

  • Highlight financial risks and downside scenarios in bids

6Leadership & Business Partnering

  • Lead a lean finance team supporting projects and head office

  • Act as a trusted financial partner to Operations, Commercial, and Project teams

  • Provide clear, actionable financial advice to senior management

  1. Risk Management
  • Identify financial, contractual, and commercial risks early

  • Ensure appropriate provisioning for claims, disputes, and cost overruns

  • Strengthen financial discipline and accountability across projects

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