Finance Manager - Construction

We are seeking a hands‑on Finance Manager to manage the finance function at a subsidiary level for a large entity. The role is responsible for overseeing day‑to‑day financial operations, financial control, detailed cost analysis, reporting, budgeting and FP&A activities while ensuring alignment with broader corporate finance policies and reporting requirements. The role has a strong focus on project cost control, margin protection, cash flow discipline and continuous improvement of financial processes within a project‑driven environment.

The position leads a team of onshore and offshore finance professionals and works closely with the Finance Director and corporate finance stakeholders to ensure accurate reporting, robust financial controls, timely insights and actionable cost and performance analysis.

Manage the subsidiary finance function including accounting, reporting, controls and compliance. Prepare and deliver monthly, quarterly and annual financial reports in line with IFRS and corporate reporting standards. Oversee general ledger, AP, AR, fixed assets and cash flow management at the entity level. Ensure timely month‑end and year‑end close with clear ownership of balances, reconciliations and supporting schedules. Coordinate audits, tax filings and statutory requirements with guidance and oversight from senior finance leadership.

Act as the primary owner of financial integrity at the subsidiary level ensuring compliance with Delegation of Authority (DOA), internal controls and group finance policies.

Own and oversee project financial reporting including project cost tracking, budget vs. actual analysis, forecast‑to‑complete and margin analysis. Perform deep‑div cost analysis across projects to identify cost drivers, inefficiencies and opportunities for cost optimisation. Review BOQs, contracts, variations and change orders to assess financial impact and manage cost risks. Monitor and manage work‑in‑progress (WIP), unbilled revenue, claims, variations and provisions. Proactively identify and escalates financial, contractual and cost‑related risks.

Lead annual budgeting and periodic forecasting processes for the subsidiary. Perform variance analysis with clear insights into cost movements, margin performance and project‑level drivers. Support financial modelling, scenario analysis and business planning activities. Monitor financial and operational performance highlighting cost trends, efficiency gaps, cash flow risks and improvement opportunities.

Work with Oracle Fusion ERP for financial reporting, controls and analysis. Ensure accuracy, completeness and integrity of financial and project data supporting management and consolidated reporting. Drive continuous improvement of finance processes including month‑end close, project cost reporting, budgeting, forecasting and reporting automation. Strong knowledge of construction industry systems and the effective use of system‑generated reports for financial analysis and cost control.

Lead and manage a finance team of onshore and offshore members. Ensure timely delivery of finance outputs and adherence to policies, controls and reporting timelines. Coach and develop team members promoting accountability, analytical capability and ownership of outputs.

Act as the primary finance point of contact for the subsidiary. Partner with operational teams within construction and O&M environments to support financial decision‑making. Provide financial insight and challenge on cost management, budget discipline, project profitability and cash flow.

• Bachelor’s degree in Finance, Accounting, or related field.
• CPA, ACCA, or CA qualification is mandatory.
• 7–10 years of total finance experience, including 2–4 years in a managerial role.
• Experience managing finance activities within a multi‑entity or corporate environment.
• Required mandatorily experience in construction and O&M contract environments.
• Strong expertise in project costing, budgeting, forecasting, cash flow management, and cost control.
• Proven experience in driving process improvements within finance or project accounting environments.
• Hands‑on Oracle ERP experience is preferred.
• Experience in infrastructure and landscaping industry an advantage.
• Hands‑on experience with Oracle Fusion ERP is an advantage.

• Strong analytical and commercial mindset.
• Solid understanding of IFRS and financial controls.
• Detail‑oriented, disciplined, and process‑driven.
• Ability to translate financial data into actionable insights.
• Strong stakeholder management and communication skills.
• Detail‑oriented with the ability to manage deadlines effectively.

• Bilingual (Arabic and English) is preffered.