Aarvi Encon Limited
Finance Manager
Skills
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
- 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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