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Operations Finance Manager

Client of EWI Recruitment

RiyadhFull-time

10–15 years of experience

2 months ago

Job description

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. Key Responsibilities 1. Multi Project Financial Oversight 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. 2. Team Leadership (5 person Finance Team) 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. 3. Cashflow Management & Treasury 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. 4. Banking Relationships 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. 5. ECAs Management 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. 6. Corporate/Project Controlling Governance Oversee monthly closing processes for all assigned projects. Review and approve project EACs, cost variance reports, and consolidated P&Ls. Drive improvements in financial accuracy, forecasting discipline, and data quality. 7. Claims, Variations & Commercial Support 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. 8. Compliance, Audit & Internal Controls 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. 9. Hands On Technical Execution 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. Competencies Multi project financial leadership Treasury & banking expertise Technical financial modelling Team management & mentoring Commercial acumen (contracts, claims, VOs) Hands on problem solving under pressure

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