Job Description
As an Assistant Finance Manager for a construction/contracting company,
your role would involve a combination of financial management, reporting, and
strategic planning. Here are some key responsibilities and tasks that you might
typically handle in this position:
- Budgeting and Forecasting:
- Assist in the preparation of annual budgets and forecasts for the construction projects.
- Work closely with project managers to gather information on project costs and revenue projections.
Financial Analysis:- Conduct financial analysis on project performance, comparing actual results to budgeted figures.
- Identify and analyze variances and provide recommendations for improvement.
Cost Control:- Monitor project costs and expenses, ensuring they align with the approved budget.
- Implement cost control measures to optimize project profitability.
Cash Flow Management:- Manage cash flow to ensure sufficient funds are available for project operations.
- Work with project teams to anticipate cash flow needs and plan accordingly.
Financial Reporting:- Prepare regular financial reports for management, highlighting key performance indicators and financial metrics.
- Provide financial insights to aid decision-making processes.
Risk Management:- Identify financial risks associated with construction projects and develop strategies to mitigate them.
- Collaborate with other departments to implement risk management practices.
Compliance and Regulations:- Ensure compliance with financial regulations and accounting standards.
- Stay informed about changes in financial laws and regulations affecting the construction industry.
Vendor and Contract Management:- Work with procurement teams to negotiate contracts with suppliers and subcontractors.
- Monitor vendor performance and compliance with contractual agreements.
Financial Software and Systems:- Utilize financial software and systems to streamline processes and enhance efficiency.
- Stay updated on technological advancements in financial management tools.
Team Collaboration:- Collaborate with other departments, such as operations, human resources, and legal, to ensure a cohesive approach to financial management.
Continuous Improvement:- Identify opportunities for process improvement and efficiency within the finance function.
- Implement best practices to enhance overall financial operations.
Communication Skills:- Communicate financial information effectively to non-financial stakeholders.
- Present financial reports and analysis to senior management.
RequirementsQualifications:
A Chartered Accountant with Minimum of a Bachelor/Master degree in Accounting, or a related field.
More than 8 years of experience in the construction industry.
Proven experience in managing all aspects of the accounting cycle.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Fluency in English and Arabic.
Job Details
- Job Location
- Abu Dhabi United Arab Emirates
- Company Industry
- Other Business Support Services
- Company Type
- Unspecified
- Employment Type
- Unspecified
- Monthly Salary Range
- Unspecified
- Number of Vacancies
- Unspecified
