Position Summary
The Finance Manager will oversee the organization’s financial operations, reporting, budgeting, forecasting, treasury management, and regulatory compliance to support long-term profitability and operational excellence.
The ideal candidate will have strong experience in GCC-based industrial, shipyard, offshore, EPC, or oil & gas environments, with the ability to provide strategic financial leadership to senior management.
Key Responsibilities
- Financial Reporting & Analysis
- Prepare accurate monthly financial statements, management reports, and cash flow reports
- Conduct financial analysis and provide actionable insights to management
- Monitor financial performance and identify operational improvement opportunities
- Budgeting & Forecasting
- Develop annual budgets, financial plans, and weekly forecasts
- Perform variance analysis against budgets and project performance
- Support strategic financial planning initiatives
- Cost Centre & Project Financial Control
- Prepare cost centre-wise Profit & Loss analysis
- Monitor project/job code profitability and notify management of cost variances
- Coordinate closely with project and operational teams for financial tracking
- Treasury & Cash Flow Management
- Manage company treasury, banking relationships, and working capital
- Monitor and optimize company cash flow position
- Provide weekly cash flow forecasts and liquidity planning reports
- Compliance & Audit
- Ensure compliance with UAE VAT regulations, Corporate Tax requirements, e-invoicing, and statutory obligations
- Coordinate external and internal audits
- Maintain strong financial governance and internal controls
- Strategic Advisory
- Advise senior management on financial strategies and business risks
- Identify opportunities for profitability enhancement and cost reduction
- Support commercial decision-making and operational efficiency initiatives
- Team Leadership
- Lead and supervise the Finance & Accounting Department
- Conduct performance reviews, mentoring, and team development
- Promote accountability, accuracy, and continuous improvement within the finance team
Key Requirements
- Education
- Master’s Degree in Finance or Accounting
- CPA / CA / ACCA qualification preferred
- Experience
- Minimum 15 years of experience in Finance & Accounting
- Minimum 10 years’ experience as a Finance Manager within the GCC
- Previous experience in Shipyard, Offshore, EPC, Oil & Gas, or Heavy Engineering industries preferred
Apply Now
Interested candidates may send their updated CV to:
Email: jobs@oceanoilfield.com ; hradmin@oceanengg.ae