Summary
GINCO Contracting is seeking a Financial Analyst for its UAE operations. The role covers project feasibility and financial modeling, cash flow and working capital tracking, and reconciliation of site progress reports with financial records. The analyst will prepare CVR and CTC analyses, executive dashboards, and support budgeting and statutory audits. Applicants need a CA or equivalent qualification such as CPA, ACCA, or CMA, and at least three years of financial analysis experience in contracting or construction.
The posting
As published on gccginco.ae. Pulled from the employer's site and shown as they wrote it.
Job Description
1. JOB PURPOSE
The Financial Analyst is responsible for evaluating project financial feasibility, monitoring working capital liquidity, and bridging on-site Daily Progress Reports (DPRs) with accounting ledgers. The role provides executive management with variance dashboards, sensitivity analyses, and Cost-to-Complete (CTC) forecasts to safeguard project profit margins.
2. KEY RESPONSIBILITIES & DAY-TO-DAY ACCOUNTABILITIES
• Project Financial Feasibility & Modeling: Develop dynamic financial models, cash flow forecasts, and IRR analyses for ongoing civil projects and upcoming tenders.
• Working Capital Analysis: Conduct weekly tracking of working capital cycles, project liquidity, unbilled receivables, and billing-versus-collection milestones.
• DPR Alignment & Revenue Analytics: Reconcile daily site progress data (DPRs) with financial revenue recognition, verifying physical completion milestones against budget allocations.
• Variance Analysis & CVR Oversight: Prepare monthly Cost-Value Reconciliation (CVR) and Cost-to-Complete (CTC) variance analyses, investigating major divergences across labor, materials, and plant.
• Executive Dashboards & Presentations: Build and present monthly executive MIS dashboards, Board variance reports, and KPI review packs for the CFO and executive committee.
• ERP Financial Optimization: Utilize enterprise ERP systems (SAP/Oracle) to extract, analyze, and structure project cost-accounting databases with strict data integrity.
• Commercial Subcontract & Vendor Reviews: Evaluate subcontractor progress commitments, major material purchase commitments, and cost variation impacts.
• Audit & Budget Support: Participate in the corporate annual budgeting cycle, project milestone financial reviews, and external statutory audit requirements.
3. MINIMUM QUALIFICATIONS & EXPERIENCE
• Required Qualification: CA (Chartered Accountant) or equivalent professional finance qualification (CPA, ACCA, CMA)
• Required Experience: Minimum 3 years of financial analysis experience in the contracting / construction industry