SR PROJECT FINANCE MANAGER
NMDC Group United Arab Emirates
Engineering Services · 10,001+ employees
About the role
The Senior Project Finance Manager is responsible for overseeing financial operations, ensuring regulatory compliance, and managing project-based financial performance. They provide strategic financial guidance to project teams while maintaining fiscal integrity and managing risk programs.
What they look for
Requirements
Candidates must hold a Bachelor’s degree in Finance or Accounting, with an MBA or CPA being an advantage. A minimum of 12 years of experience in accounting and finance within related industries is required.
Full description
- Manage the resources to ensure that all financial systems, policies and procedures are consistently implemented and to adhere ensure compliance with all relevant regulatory and legal requirements
- Job at this level is part of the Senior Management team and are involved in the evaluating, planning and development of long-range plans, goals, and objectives.
Responsibilities
Corporate
- Evaluate & develop long-range plans, goals and objectives
- Develop/direct specific strategies for set objectives
- Research, analyse & interpret financial transactions & data, legislative information and economic and market conditions
- Maintain the fiscal integrity of company’s financial resources
- Analyse changes in assessed valuation & earnings on investments to project cash flow
- Confer with bankers, consultants etc. on debt programs, funding policies etc.
- Direct the preparation of reports required by regulatory authorities for overseas projects
- Attend divisional meetings to provide direction and advice in resolving financial issues
- Evaluate financial reporting systems, accounting and collecting procedures & investment activities
- Plan & direct risk and insurance programs to minimize risks and losses
- Direct insurance negotiations
- Monitor company’s issuance of credit, establish credit-rating criteria, determine credit ceilings etc.
- Improve operations, decrease turnaround times, and streamline work processes & quality customer service
- Represent CFO at meetings in his absence.
Projects
- Maintain oversight of the project’s overall financial performance and cash flow control
- Direct the preparation of accurate financial reports in a timely manner as required by management and other regulatory authorities
- Manage cost control process including closely monitoring all costs incurred against work budget, analyse variances and identify areas for improvement
- Provides projects-based financial analysis, offers fiscal advice and guidance to support the project team in making the best decisions for the project
- Support the project operations in risk management process through identification, assessment, mitigation and development of contingency plans
- Actively collaborate with Project Managers to ensure that project financial objectives are met
- Ensure compliance with tax laws and other regulatory requirements
- Manage the implementation of new financial processes, policies and procedures in order to meet organization’s financial and business strategies
- Build relations with internal and external stakeholders through effective, proactive and regular communication
- Manage the quarterly and annual audits including the year-end procedures in conjunction with statutory requirement to ensure account complies with the regulatory framework
- Responsible for managing the team dynamics, motivation, professional and career development roadmap
- Promote and ensure compliance with organization's Health and Safety policies.
Qualifications
- Bachelor’s degree in finance, Accountancy, Accounting or equivalent
- CPA/MBA in Accounting is an advantage
- Minimum 12 years' experience in Accounting and Finance in related industries.