Senior Forecasting Specialist

We're Hiring:
Senior Forecasting Specialist

Location: United Arab Emirates (Remote)

Employment Type: Full-Time

Experience Level: Mid-Level to Senior

Work Arrangement: Fully Remote

We are a construction-focused organization committed to delivering complex projects through disciplined financial planning, commercial excellence, operational efficiency, risk management, and collaborative project delivery. Our distributed teams work across Project Management, Construction, Engineering, Procurement, Commercial, Legal, Finance, Human Resources, Design, Quality, HSE, Consultants, Contractors, Suppliers, Logistics, Administration, Information Technology, and Executive Leadership. We emphasize accurate forecasting, reliable financial projections, effective resource allocation, and data-driven decision-making to support sustainable business growth and successful project execution.

We are seeking an experienced Senior Forecasting Specialist to lead and support forecasting activities across financial performance, project costs, revenue, cash flow, operational expenditure, resource requirements, and business planning. The successful candidate will analyze historical performance, current operating conditions, project schedules, contractual commitments, and market trends to develop reliable forecasts that support strategic and operational decisions.

Working closely with Finance, Accounting, Project Management, Procurement, Commercial, Operations, and senior leadership, the Senior Forecasting Specialist will improve forecast accuracy, identify emerging risks, evaluate alternative scenarios, and provide actionable insights into future business performance. The ideal candidate will have strong analytical capabilities, advanced financial modeling skills, and experience translating complex datasets into clear, forward-looking recommendations.

• Lead and coordinate forecasting activities across business units, departments, operational functions, and construction projects.
• Develop and maintain forecasting frameworks, methodologies, models, assumptions, and reporting standards.
• Establish forecasting calendars, submission deadlines, review procedures, and stakeholder responsibilities.
• Prepare monthly, quarterly, annual, and rolling forecasts in alignment with organizational planning requirements.
• Develop forward-looking financial projections covering revenue, expenditure, profitability, cash flow, and resource utilization.
• Analyze historical financial and operational data to identify trends, patterns, seasonality, and underlying performance drivers.
• Evaluate the reliability of historical data and assumptions before incorporating them into forecasting models.
• Work with Finance and Accounting teams to reconcile forecast inputs with actual financial results.
• Monitor changes in business conditions and assess their implications for projected financial performance.
• Prepare updated forecasts based on actual results, revised business plans, project developments, and management decisions.
• Develop forecast models that incorporate operational volumes, pricing assumptions, labor requirements, material costs, and overhead allocations.
• Forecast revenue based on contracts, project milestones, customer commitments, billing schedules, and expected commercial activity.
• Analyze anticipated revenue recognition, invoicing timelines, contractual variations, and potential delays affecting revenue projections.
• Coordinate with Commercial teams to evaluate the forecast impact of new contracts, contract extensions, change orders, and variations.
• Monitor revenue performance against forecasts and investigate material deviations.
• Develop project cost forecasts covering labor, materials, equipment, subcontractors, logistics, overheads, and other direct or indirect costs.
• Collaborate with Project Managers and Construction teams to obtain updated cost estimates and project progress information.
• Review project schedules, resource plans, procurement commitments, and remaining work estimates to improve cost projections.
• Assess the financial implications of project delays, scope changes, productivity issues, and unforeseen site conditions.
• Forecast estimate-at-completion and estimate-to-complete values for relevant construction projects.
• Compare projected final project costs with approved budgets, contractual allowances, and available contingency provisions.
• Identify potential cost overruns and recommend appropriate corrective actions.
• Monitor project commitments,…