Chief Financial Officer (CFO)
Company: confidential
Location: Abu Dhabi, UAE
Employment Type: Full-time, On-site (multi-site projects)
Role Summary
Ramah General Contracting LLC is seeking a seasoned Chief Financial Officer (CFO) to lead the company’s finance function across multiple projects and sites. The ideal candidate brings deep GCC construction experience, project-based accounting expertise, and a proven ability to drive cash, controls, and profitable growth.
Key Responsibilities
- Own financial strategy, annual budgeting, and long-range planning; partner with the MD/Board on growth and profitability.
- Lead project accounting & WIP: revenue recognition (IFRS 15), cost control, retentions, variations/claims, and close-out.
- Cash & working capital discipline: DSO, DPO, cash-flow forecasting, treasury, banking facilities, and hedging where applicable.
- Oversee UAE corporate tax and VAT compliance; manage external auditors and statutory reporting under IFRS.
- Strengthen internal controls & SOPs across procurement, subcontracting, payroll (WPS), and site operations.
- ERP/BI ownership (e.g., Oracle, SAP, Dynamics, Zoho): accurate, timely MIS, dashboards, and site reporting cadence.
- Commercial risk: bonds/LCs/insurance programs; contract review with Projects/Commercial for high-value bids and change orders.
- CapEx & fleet economics: equipment financing, leasing (IFRS 16), utilization, and replacement planning.
- Build and mentor a high-performing finance team; set SLAs and monthly/quarterly close calendars.
- Prepare board packs: project profitability, variances, cash waterfalls, and scenario planning.
Qualifications & Experience
- Bachelor’s in Accounting/Finance; CA/CPA/ACCA required.
- 15+ years total experience with 5+ years in senior finance leadership within GCC construction/contracting.
- Strong command of IFRS (incl. IFRS 15 & 16), UAE VAT & corporate tax, audits, and banking facilities.
- Hands-on with ERP (Oracle/SAP/Dynamics/Zoho) and Advanced Excel/Power BI; rigorous MIS and project reporting.
- Proven cash discipline and stakeholder management (clients, banks, suppliers, JV partners).
- Excellent English; Arabic is a plus.
Success Metrics (KPIs)
- DSO/DPO and cash-flow forecast accuracy.
- Project gross margin & budget vs. actual variance.
- WIP accuracy and on-time monthly/quarterly close.
- On-time audits and VAT/corporate tax filings; zero material control issues.
- Collections performance and reduction of aged receivables/retentions.
What We Offer
- Competitive salary package with performance bonus.
- Medical insurance, annual leave, and air ticket benefits as per company policy.
- Opportunity to shape the finance function of a growing contractor.
Keywords (ATS): CFO, Construction, Contracting, Project Accounting, WIP, IFRS 15, IFRS 16, VAT, Corporate Tax, WPS, Treasury, ERP, Oracle, SAP, Dynamics, Zoho, Cash Flow, DSO, DPO, UAE, Abu Dhabi
Job Types: Full-time, Permanent
- Locations
- United Arab Emirates
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