Assistant Vice President - Finance - CA/PMP

AVP - Finance - CA Qualified / PMP Certified

- Project Cost Control & Escalation Management

- Establish real-time project cost monitoring dashboards integrated with SAP.

- Investigate and analyze recurring cost escalations; propose corrective measures.

- Institute zero-based budgeting and rolling forecasts to track project cost evolution.

2. Financial Planning & Business Partnering

- Develop detailed budgets and financial models for each project phase (pre-construction, execution, completion).

- Partner with project managers and procurement teams to align cost estimates with market benchmarks.

- Provide scenario-based financial projections for scope changes, delays, and material price fluctuations.

3. SAP-Based Financial Management

- Ensure complete and accurate mapping of cost centers, WBS elements, and project budgets in SAP.

- Drive improvements in SAP usage for budgeting, procurement, and cost monitoring.

- Lead internal SAP finance process enhancements to bridge field data with finance reporting.

4. Reporting, Governance & Compliance

- Deliver timely MIS, variance reports, and consolidated project P&Ls to management.

- Ensure adherence to IFRS, UAE VAT, and other statutory construction finance regulations.

- Coordinate with internal audit and external auditors for project-specific and year-end audits.

5. Working Capital & Cash Flow Management

- Forecast and manage project-level cash flows, supplier payments, and subcontractor dues.

- Liaise with banks to manage performance guarantees, project financing lines, and LC arrangements.

- Monitor advance recovery and project milestone billing to ensure healthy cash cycles.

6. Strategic Financial Insight

- Evaluate financial viability of new project bids and JV opportunities with the real estate business.

- Prepare financial impact assessments of value engineering, redesigns, or contractor changes.

- Support CEO/CFO with board-level presentations and decision-making materials.

7. Leadership & Cross-Functional Collaboration

- Mentor junior finance staff, enforcing discipline in reporting and controls.

- Coordinate with Engineering, Procurement, and Project Management Offices to align financial and execution priorities.