Finance Manager

Strong hands-on project finance and cost control expertise

• Deep understanding of contracting cash flow and margin management
• Practical knowledge of construction contracts (FIDIC preferred)
• Commercial mindset with strong attention to detail
• Ability to operate independently and make fast, informed decisions
• Bachelor’s degree in Finance, Accounting, or related field
• Professional qualification (CA / CPA / ACCA / CMA) preferred
• 10–15 years of experience in construction contracting finance
• Proven experience managing multiple live projects in a mid-size contractor
• Middle East contracting experience preferredThe Finance Manager – Contracting Division is responsible for end-to-end financial control of the contracting business, with direct ownership of project cost control, billing, cash flow, and financial reporting. The role is hands-on and commercially driven, working closely with Project Directors and Operations to protect margins, accelerate cash collections, and manage financial risk across live projects.Key Duties and Responsibilities:1.Project Financial Control
• Own financial performance of all live contracting projects
• Establish and control project budgets, cost tracking, and cost-to-complete forecasts
• Monitor margins, overhead recovery, and project profitability on a real-time basis
• Intervene early on cost overruns and margin slippage
• Review cost to complete with budgets and highlight variance to management/ CEO
• Monitor uncertified work on monthly basis for prompt billing and clearance.
• Highlight all long outstanding uncertified work to management/ CEO2.Billing, Claims & Cash Flow
• Drive timely submission of interim payment applications, variations, and final accounts
• Closely track certifications, invoicing, collections, and retention recovery
• Support financial evaluation of variations, claims, and prolongation costs
• Maintain rolling project cash flow forecasts and funding visibility3.Commercial & Contract Support
• Review contract terms impacting cash flow, penalties, retentions, and claims exposure
• Support negotiations on variations, settlements, and dispute resolutions
• Ensure financial alignment between main contracts and subcontract agreements4Financial Reporting & Governance
• Prepare concise monthly project and divisional financial reports for management
• Ensure accurate WIP, accruals, and provisions with minimal reliance on head office layers
• Maintain practical internal controls suitable for a mid-size contracting environment
• Coordinate audits and statutory reporting with external advisors5 Budgeting, Forecasting & Tender Support
• Lead annual budgets and quarterly forecasts for the contracting division
• Review tender pricing, margin assumptions, and cash flow profiles
• Highlight financial risks and downside scenarios in bids6Leadership & Business Partnering
• Lead a lean finance team supporting projects and head office
• Act as a trusted financial partner to Operations, Commercial, and Project teams
• Provide clear, actionable financial advice to senior management7. Risk Management
• Identify financial, contractual, and commercial risks early
• Ensure appropriate provisioning for claims, disputes, and cost overruns
• Strengthen financial discipline and accountability across projectsPlease share your profile on darshana.jalgavkar@aarviencon.com