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Magnet

Director of Finance And Operations

10-15 Years
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Job Description

Employer Overview

An integrated development platform operating across the Middle East and Africa, focused on energy, water, and industrial development. The organization delivers end-to-end solutions spanning project development, engineering, and investment to support sustainable growth, climate resilience, and inclusive economic development across strategic value chains.

Job Overview

The Finance & Operations Director will lead day-to-day financial management, operational control, and internal execution across the group and its SPVs. This is a highly hands-on role focused on translating strategy into strong financial discipline, operational visibility, and execution in a fast-growing, founder-led environment.

Key Responsibilities

Financial Management & Control

  • Manage day-to-day financial operations across the holding company and SPVs.
  • Oversee accounting, bookkeeping, and monthly financial closings.
  • Ensure accurate IFRS-compliant financial statements and management accounts.
  • Maintain clear separation between HoldCo and SPV financials.
  • Track and manage shareholder loans, intercompany balances, and accruals.
  • Support audits, tax filings, and regulatory reporting.

Cash Flow, Treasury & Payments

  • Own short- and medium-term cash flow forecasting.
  • Manage bank accounts, payment approvals, and liquidity planning.
  • Monitor receivables, payables, and collections (including legacy EPC receivables).
  • Track debt service obligations and support lender reporting.
  • Support FX tracking and exposure monitoring.

Operational Oversight & Internal Execution

  • Act as the central coordination point between finance, projects, legal, and management.
  • Track operational budgets across projects and departments.
  • Monitor OPEX, CAPEX, and cost control across operating assets.
  • Support asset management functions including O&M cost tracking and performance reporting.
  • Ensure operational follow-up on management and board decisions.

Project Support & Commercial Execution

Support project teams on:

  • Budget tracking
  • Financial inputs to feasibility studies
  • Cost and cash flow assumptions

Assist in preparing financial data for:

  • Lenders
  • Investors
  • Partners
  • Track financial milestones for development and operating projects.

Systems, Processes & Governance

  • Implement and maintain financial systems, reporting templates, and dashboards.
  • Support ERP selection and rollout.
  • Establish SOPs for finance, payments, approvals, and reporting.
  • Ensure document control, data room organization, and audit readiness.
  • Coordinate with legal and compliance on contracts, invoices, and documentation.

Team Management & Coordination

  • Manage and develop the finance and administrative team.

Coordinate closely with:

  • Corporate Development
  • Legal
  • Technical / Project teams
  • Support onboarding of the CFO and transition of responsibilities as the finance function scales.

Qualifications

  • Bachelor's degree in Finance, Accounting, Business, or Engineering
  • MBA or CFA is preferred
  • 1015 years of experience in finance or accounting
  • Proven experience in infrastructure, energy, water, industrial, or sustainable development sectors

Strong experience in:

  • Financial control
  • Cash management
  • Budgeting and reporting
  • Exposure to project-based businesses (energy, infrastructure, EPC, industrials) is highly preferred.
  • Solid understanding of IFRS and financial controls.
  • Experience working with auditors, banks, and external advisors.
  • Highly organized and execution-oriented.
  • Strong attention to detail and a control mindset.
  • Comfortable working in fast-paced, evolving environments.
  • Ability to bridge finance and operations.
  • Clear communicator with strong follow-through.

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About Company

Job ID: 136226389