CFO/Finance Director
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Our client, a premier construction contractor in the UAE, is seeking an experienced and strategic CFO / Finance Director to oversee all financial operations, fiscal strategies, cash flow management, and commercial governance across high-value civil building construction projects in Dubai. Reporting directly to the Board / Executive Leadership, the CFO / Finance Director will play a vital role in steering financial planning, risk mitigation, banking relations, project accounting, and strategic decision-making to drive profitability and long-term organizational growth.
Key Responsibilities
- Financial Strategy & Leadership: Formulate and execute financial strategies, annual budgets, corporate forecasts, and long-term financial models in line with company business objectives.
- Cash Flow & Treasury Management: Manage project cash flows, working capital, banking facilities, credit lines, letters of credit (LCs), and bank guarantees (PGs) tailored to large-scale construction contracts.
- Commercial & Project Accounting: Oversee project costing, revenue recognition (IFRS 15), subcontractor payments, variation evaluations, and financial performance tracking across active sites.
- Governance & Risk Management: Establish and enforce robust internal financial controls, corporate governance policies, tax compliance (UAE Corporate Tax & VAT), and enterprise risk frameworks.
- Banking & Stakeholder Relations: Cultivate strong working relationships with financial institutions, auditors, tax authorities, JV partners, and key project stakeholders.
- Team Leadership: Lead, mentor, and direct the finance, accounting, payroll, and internal audit teams across corporate and project locations.
Education
Education: Bachelor’s Degree in Finance, Accounting, or Economics from an accredited university. Professional qualification (CPA, CA, ACCA, CIMA, or equivalent) is mandatory.
Experience
Experience: Minimum 15+ years of solid finance leadership experience within the civil building construction and contracting sector in the GCC/UAE.
Financial Mastery
Financial Mastery: Deep expertise in construction accounting, project cash flow forecasting, JV accounting, claims/commercial finance, and GCC tax regulations.
Banking Capabilities
Banking Capabilities: Proven track record in structuring bank facilities, trade finance, performance bonds, and high-value project funding.
Leadership & Strategy
Leadership & Strategy: Exceptional strategic thinking, analytical rigor, executive presence, and stakeholder negotiation skills.
Availability
Availability: Candidates locally available in the UAE with no visa restrictions will be prioritised.