We are seeking a hands-on Assistant Finance Manager with strong experience in cash flow management and financial reporting within the MEP / contracting industry. This role is focused on financial planning, project-based financial analysis, and management reporting. The ideal candidate should understand how project cycles impact cash flow, profitability, and working capital.
Key Responsibilities
* Monitor and manage company cash flow, ensuring adequate liquidity for project operations, supplier payments, and payroll.
* Prepare rolling cash flow forecasts aligned with project milestones, billing cycles, and retention structures.
* Analyse project budgets versus actual costs, monitor profitability, and highlight cost variances with actionable recommendations.
* Support financial evaluation of new project bids and assess the financial impact of variation orders and contract changes.
* Track receivables and payables closely to improve working capital efficiency and reduce collection cycles.
* Prepare monthly management reports, financial performance summaries, and KPI analysis to support leadership decisions.
* Assist in budgeting and forecasting, including revenue projections based on ongoing and upcoming projects.
* Identify financial risks, cost-saving opportunities, and efficiency improvements to enhance overall project margins.
* Liaise with banks when required and support audit processes in coordination with the accounting team
Requirements
* Bachelor’s degree in Finance, Accounting, or related field.
* 5 years of finance experience, preferably in MEP or construction/contracting industry in UAE.
* Strong understanding of project-based finance and cash flow cycles.
* Experience in budgeting, forecasting, and financial reporting.
* Advanced Excel skills (financial modelling preferred).
* Strong analytical and decision-support capability.