Finance Director

Posted Date 3 months ago
Location United Arab Emirates
Discipline Building & Construction
Job Reference 31589
Salary 0.0
 
This key leadership role will be responsible for overseeing all financial aspects of the organization, providing strategic financial guidance, and ensuring the financial health and success of the company. The Finance Director will drive financial strategy, manage financial risks, and optimize financial performance.
Should have at least 7 years' experience with a Construction company in UAE

Responsibilities:

Financial Strategy and Planning:
  • Develop and execute the company's financial strategy, goals, and objectives aligned with the overall business strategy.
  • Provide strategic financial recommendations to the executive team, contribute to business planning, and drive financial decision-making.
  • Conduct financial analysis, evaluate investment opportunities, and assess the financial viability of strategic initiatives.

Financial Management and Reporting:
  • Oversee all financial operations, including budgeting, forecasting, cash flow management, and financial reporting.
  • Ensure accurate and timely preparation of financial statements, management reports, and financial performance analysis.
  • Monitor financial performance, identify trends, risks, and opportunities, and recommend appropriate actions to achieve financial objectives.

Financial Controls and Risk Management:
  • Establish strong internal controls, financial policies, and risk management frameworks.
  • Ensure compliance with relevant financial regulations, laws, and reporting requirements.
  • Conduct regular risk assessments, implement risk mitigation strategies, and monitor compliance with established controls.

Financing and Capital Management:
  • Manage capital structure, financing activities, and liquidity to support business growth and operational needs.
  • Evaluate and recommend funding options, including debt and equity financing.
  • Develop relationships with financial institutions, negotiate financing terms, and manage banking relationships.

Budgeting, Cost Control, and Profitability Analysis:
  • Lead the annual budgeting process, develop financial forecasts, and monitor budget performance.
  • Analyze project costs, monitor project profitability, and identify areas for cost optimization.
  • Collaborate with project teams to ensure accurate project cost accounting, cost control, and profitability analysis.
  • Staff cost control
  • Assets Management

Team Leadership and Development:
  • Provide leadership and guidance to the finance team, fostering a high-performance culture.
  • Develop and mentor team members, encourage professional growth, and provide opportunities for skill development.
  • Foster effective communication and collaboration with other departments and senior management.
  • Financial Performance, Budgeting and Cost Control, Financial Reporting and Analysis, Risk Management, Funding and Capital Management, Strategic Financial Planning, Team Leadership and Development, Stakeholder Relations, Process Improvement



Qualifications:

Bachelor's degree in Finance, Accounting, or a related field. MBA or CPA qualification preferred.
Proven experience as a CFO, Finance Director, or similar financial leadership role in the construction industry.
In-depth knowledge of financial management principles, practices, and regulations with Construction Companies.
Strong understanding of construction industry dynamics, project costing, and financial controls.
Excellent analytical, problem-solving, and decision-making skills.
Strategic mindset with the ability to align financial strategies with business objectives.
Strong leadership and team management abilities, with excellent communication and interpersonal skills.
Proficiency in financial software and advanced knowledge of MS Excel.

Experience (experience required for the job)
 
A minimum of 15 years of progressive experience in financial management, financial planning, analysis, reporting, risk management, strategic decision-making, financial operations, and financial leadership.
10 years working with Construction Companies
5 years at least at managerial level (Finance Manager, CFO, Financial Director)

Skills (general job knowledge and skills)
  • Financial Management
  • Construction Industry Expertise
  • Strategic Thinking
  • Leadership and Team Management
  • Financial Analysis and Reporting
  • Risk Management and Compliance
  • Capital Management and Financing
  • Business Acumen
  • Communication and Influence
  • Technology and Systems