Job Title: Chief Financial Officer

Location: Dubai

Salary: AED 24,000 – 28,000

Job Code: 251/001/372

Industry: Construction & Electromechanical

Job Brief:

The Finance Manager / Chief Financial Officer (CFO) will lead the financial strategy and operations of a group of companies operating across construction, manufacturing, and electromechanical equipment installation sectors.

This role is critical in ensuring strong financial governance, project-based financial control, cash flow discipline, and strategic financial planning across multiple business verticals. The incumbent will work closely with senior leadership to support business growth, large-scale project execution, and the long-term sustainability of the group.

The position requires strong expertise in project accounting, financial planning, budgeting, and financial performance management, particularly within construction and electromechanical project environments.

Job Responsibilities:

Group Financial Strategy & Planning

Develop and implement financial strategies aligned with the group's diversified operations, including construction, manufacturing, and electromechanical projects.
Provide financial leadership to support business expansion, project bidding, and diversification initiatives.
Align financial planning and reporting processes across multiple entities within the group structure.

Budgeting, Project Costing & Forecasting

Lead the annual budgeting process across group companies and individual project budgets.
Oversee project-wise costing, profitability tracking, and financial feasibility analysis.
Monitor budget versus actual performance across ongoing construction and installation projects.
Update rolling financial forecasts based on project progress, procurement cycles, and operational changes.

Cash Flow, Working Capital & Project Financing

Manage consolidated cash flow across group entities, ensuring sufficient liquidity to support ongoing projects.
Oversee working capital management, including supplier payments, subcontractor settlements, and project mobilization costs.
Structure and manage project financing arrangements, credit facilities, and banking relationships.
Maintain strong relationships with banks, financiers, and key financial stakeholders.

Project & Operational Financial Control

Implement strong financial controls for project-based accounting and contract execution.
Monitor cost overruns, revenue recognition, and milestone-based billing processes.
Work closely with project managers, procurement teams, and operations departments to maintain financial discipline across project sites and corporate operations.
Ensure accurate job costing and project margin tracking.

Financial Analysis & Performance Management

Analyze financial performance across business units, including construction, manufacturing, and installation services.
Identify opportunities for cost optimization and margin improvement.
Provide management reporting on profitability by project, client, and business segment.
Support strategic decision-making with data-driven financial insights.

Risk Management & Compliance

Identify and manage financial, contractual, and operational risks associated with construction and installation projects.
Ensure compliance with statutory, tax, and regulatory requirements.
Oversee internal controls across procurement, contracting, and project execution processes.
Manage insurance coverage for projects, assets, and liabilities.

Leadership & Strategic Decision Support

Act as a key financial advisor to the Managing Director and senior leadership team.
Support strategic decisions related to tenders, bids, joint ventures, and large-scale project investments.
Lead and develop finance teams across multiple group entities.
Drive process improvements and system implementations to enhance financial efficiency.

Stakeholder & Banking Relations

Prepare consolidated financial reports for group-level review and decision-making.
Present financial performance updates to management and external stakeholders where required.
Manage relationships with auditors, consultants, banks, and investors.
Ensure transparency and accuracy in financial reporting across all entities.

Job Requirements:

Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
Professional certifications such as CPA, ACCA, or CMA are highly preferred.
8–15 years of progressive finance experience, ideally within Construction, Electromechanical / MEP Contracting, Manufacturing, and Group Holding structures.
Strong expertise in project accounting, job costing, and construction finance.
Experience managing multi-entity or group financial structures.
Proven experience reporting directly to a Managing Director or company owner.
Strong leadership, analytical, and stakeholder management skills.
High level of integrity, commercial acumen, and strategic thinking ability.
Have experience reporting to the Managing Director / Owner.

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