Finance Controller

3 weeks ago

Dubai, Dubai, United Arab Emirates Dautom Full time

Ras Al-Khaimah, Ras al Khaimah, United Arab Emirates

Finance ControllerJob Description:

Dautom Company Introduction:

Dautom is a prominent name across the globe in IT consulting services. With a relentless commitment to innovation and excellence, we empower businesses to bolster their IT teams with top-tier talent.

Our greatest asset is our talented team of IT professionals. Our journey towards becoming an employer of choice has been built on a foundation of trust, respect, and unwavering support for our employees' growth and well-being.

We take pride in being a great place to work, and we invite you to explore what sets us apart in the world of technology and corporate culture.

Project Brief:

A Financial Controller for Capital Projects typically oversees the financial aspects of projects involving significant capital investments. Their job description may include:

  1. Financial Planning and Analysis:
    1. Develop and manage budgets for capital projects.
    2. Conduct financial analyses to assess project feasibility and return on investment.
  2. Cost Management:
    1. Monitor project expenses and ensure adherence to budgetary constraints.
    2. Implement cost control measures to optimize project financial performance.
    3. Implement oversight on all contingency on project and how this is applied.
  3. Reporting:
    1. Prepare and present regular financial reports to management and stakeholders.
    2. Handle all board preparation for CAPEX reporting.
    3. Oversee all project management reporting in plan view and status updates.
    4. Provide insights into project financial status and variances.
  4. Compliance:
    1. Ensure compliance with financial regulations and accounting standards.
    2. Collaborate with legal and regulatory teams to address financial compliance requirements.
  5. Forecasting:
    1. Forecast financial outcomes for ongoing and future capital projects.
    2. Identify potential financial risks and propose mitigation strategies.
  6. Collaboration:
    1. Work closely with project managers and cross-functional teams to align financial goals with project objectives.
    2. Provide financial guidance to support decision making.
  7. Audit and Internal Controls:
    1. Establish and monitor internal controls related to project finances.
    2. Coordinate with internal and external auditors during project audits.
  8. Capital Allocation:
    1. Participate in the evaluation of potential capital investments and provide financial insights.
    2. Assist in developing strategies for efficient capital allocation.
  9. Financial Systems:
    1. Oversee the implementation and maintenance of financial systems for tracking project expenditures.
    2. Ensure data accuracy and integrity.
  10. Process Improvement:
    1. Identify opportunities for process improvement in financial management procedures.
    2. Stay updated on industry best practices and trends in capital project financing.

This role requires a strong background in:

  1. Finance
  2. Accounting
  3. Project management
  4. Effective communication skills to collaborate with various stakeholders
  5. Construction projects related to real estate and the relevant accounting practices
  6. Advanced Microsoft Office and Power BI skills / Plan view or equivalent tools
  7. Advanced presentation skills
Required Skills:
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