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    Asst Finance Manager - Abu Dhabi, United Arab Emirates - Careers International

    Careers International
    Careers International Abu Dhabi, United Arab Emirates

    1 week ago

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    Description

    As an Assistant Finance Manager for a construction/contracting company your role would involve a combination of financial management reporting and strategic planning. Here are some key responsibilities and tasks that you might typically handle in this position:

    1. Budgeting and Forecasting:
    • Assist in the preparation of annual budgets and forecasts for the construction projects.
    • Work closely with project managers to gather information on project costs and revenue projections.
  • Financial Analysis:
    • Conduct financial analysis on project performance comparing actual results to budgeted figures.
    • Identify and analyze variances and provide recommendations for improvement.
  • Cost Control:
    • Monitor project costs and expenses ensuring they align with the approved budget.
    • Implement cost control measures to optimize project profitability.
  • Cash Flow Management:
    • Manage cash flow to ensure sufficient funds are available for project operations.
    • Work with project teams to anticipate cash flow needs and plan accordingly.
  • Financial Reporting:
    • Prepare regular financial reports for management highlighting key performance indicators and financial metrics.
    • Provide financial insights to aid decisionmaking processes.
  • Risk Management:
    • Identify financial risks associated with construction projects and develop strategies to mitigate them.
    • Collaborate with other departments to implement risk management practices.
  • Compliance and Regulations:
    • Ensure compliance with financial regulations and accounting standards.
    • Stay informed about changes in financial laws and regulations affecting the construction industry.
  • Vendor and Contract Management:
    • Work with procurement teams to negotiate contracts with suppliers and subcontractors.
    • Monitor vendor performance and compliance with contractual agreements.
  • Financial Software and Systems:
    • Utilize financial software and systems to streamline processes and enhance efficiency.
    • Stay updated on technological advancements in financial management tools.
  • Team Collaboration:
    • Collaborate with other departments such as operations human resources and legal to ensure a cohesive approach to financial management.
  • Continuous Improvement:
    • Identify opportunities for process improvement and efficiency within the finance function.
    • Implement best practices to enhance overall financial operations.
  • Communication Skills:
    • Communicate financial information effectively to nonfinancial stakeholders.
    • Present financial reports and analysis to senior management.


    Requirements

    Qualifications:
    A Chartered Accountant with Minimum of a Bachelor/Master degree in Accounting or a related field.
    More than 8 years of experience in the construction industry.
    Proven experience in managing all aspects of the accounting cycle.
    Strong analytical and problemsolving skills.
    Excellent communication and interpersonal skills.
    Fluency in English and Arabic.

    Qualifications: A Chartered Accountant with Minimum of a Bachelor/Master degree in Accounting, or a related field. More than 8 years of experience in the construction industry. Proven experience in managing all aspects of the accounting cycle. Strong analytical and problem-solving skills. Excellent communication and interpersonal skills. Fluency in English and Arabic.
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