More jobs:
Operations Finance Manager
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-03-13
Listing for:
ewi Recruitment
Full Time
position Listed on 2026-03-13
Job specializations:
-
Finance & Banking
Financial Manager, Corporate Finance -
Management
Financial Manager
Job Description & How to Apply Below
Role Purpose
The Operations Finance Manager oversees the financial performance of multiple (approx.
4) construction/EPC projects
, ensuring consolidated control over budgets, cashflow, treasury, banking relations, and financial governance. The role is both strategic and hands‑on
, requiring strong technical finance skills and the ability to support teams on-site.
- Monitor and analyze financial performance across 4 active projects
. - Consolidate project results, cost forecasts, risks, and opportunities.
- Ensure consistent financial governance and reporting across all projects.
- Lead and mentor a small team of Finance Controllers, Cost Controllers, and Accountants.
- Set performance targets and ensure high‑quality reporting and analysis.
- Provide hands‑on technical support and guidance to the team when needed.
- Prepare consolidated cashflow forecasts for all projects under responsibility.
- Oversee cash‑in (client certificates) and cash‑out (subcontractor/factory payments).
- Ensure liquidity planning and effective treasury operations across projects.
- Prioritize payments based on project and business‑critical needs.
- Manage direct interactions with banks regarding facilities, overdrafts, and guarantees.
- Oversee issuance, renewal, and monitoring of LGs (Letters of Guarantee) and LCs (Letters of Credit).
- Maintain financial covenant compliance and ensure timely submission of required bank documents.
- Coordinate documentation and compliance for ECA‑backed financing.
- Support the structuring of financing deals for imported materials/equipment.
- Ensure all ECA requirements and reporting obligations are met.
- Oversee monthly closing processes for all assigned projects.
- Review and approve project EACs, cost variance reports, and consolidated P&L.
- Drive improvements in financial accuracy, forecasting discipline, and data quality.
- Review the financial impact of Variation Orders and claims before submission.
- Ensure proper financial backing for commercial negotiations.
- Support Project Directors and Contracts Managers on commercial matters.
- Ensure adherence to company policies, procurement guidelines, and IFRS principles.
- Handle internal/external audits across multiple projects.
- Strengthen financial controls to minimize leakages, cost overruns, and risks.
- Personally review key financial calculations, models, and complex reports.
- Step in operationally when team members face blockers or urgent deadlines.
- Maintain a deep understanding of numbers, not just managerial oversight.
- Bachelor's degree in Finance, Accounting, Economics, or similar.
- 10‑15 years' experience in Finance within construction/EPC
, including multi‑project oversight. - Strong experience in banking, treasury, and LG/LC management
. - Experience with ECAs (or international project financing) is highly preferred.
- Proven track record of managing teams and working in fast‑paced project environments.
- Advanced Excel + ERP expertise (SAP/Oracle/JDE/IFS).
- Strong English communication;
Arabic is an advantage.
- Multi‑project financial leadership
- Treasury & banking expertise
- Technical financial modelling
- Team management & mentoring
- Commercial acumen (contracts, claims, VOs)
- Hands‑on problem solving under pressure
ewi is committed to equality in the workplace and is an equal opportunity employer.
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