Chief Financial Officer

Job Code: 251/001/372
Industry: Construction & Electromechanical

Job Brief:
The Finance Manager / Chief Financial Officer (CFO) will lead the financial strategy and operations of a group of companies operating across construction, manufacturing, and electromechanical equipment installation sectors.

This role is critical in ensuring strong financial governance, project-based financial control, cash flow discipline, and strategic financial planning across multiple business verticals. The incumbent will work closely with senior leadership to support business growth, large-scale project execution, and the long-term sustainability of the group.

The position requires strong expertise in project accounting, financial planning, budgeting, and financial performance management, particularly within construction and electromechanical project environments.

Job Responsibilities:
Group Financial Strategy & Planning

• Develop and implement financial strategies aligned with the group’s diversified operations, including construction, manufacturing, and electromechanical projects.
• Provide financial leadership to support business expansion, project bidding, and diversification initiatives.
• Align financial planning and reporting processes across multiple entities within the group structure.

Budgeting, Project Costing & Forecasting

• Lead the annual budgeting process across group companies and individual project budgets.
• Oversee project-wise costing, profitability tracking, and financial feasibility analysis.
• Monitor budget versus actual performance across ongoing construction and installation projects.
• Update rolling financial forecasts based on project progress, procurement cycles, and operational changes.

Cash Flow, Working Capital & Project Financing

• Manage consolidated cash flow across group entities, ensuring sufficient liquidity to support ongoing projects.
• Oversee working capital management, including supplier payments, subcontractor settlements, and project mobilization costs.
• Structure and manage project financing arrangements, credit facilities, and banking relationships.
• Maintain strong relationships with banks, financiers, and key financial stakeholders.

Project & Operational Financial Control

• Implement strong financial controls for project-based accounting and contract execution.
• Monitor cost overruns, revenue recognition, and milestone-based billing processes.
• Work closely with project managers, procurement teams, and operations departments to maintain financial discipline across project sites and corporate operations.
• Ensure accurate job costing and project margin tracking.

Financial Analysis & Performance Management

• Analyze financial performance across business units, including construction, manufacturing, and installation services.
• Identify opportunities for cost optimization and margin improvement.
• Provide management reporting on profitability by project, client, and business segment.
• Support strategic decision-making with data-driven financial insights.

Risk Management & Compliance

• Identify and manage financial, contractual, and operational risks associated with construction and installation projects.
• Ensure compliance with statutory, tax, and regulatory requirements.
• Oversee internal controls across procurement, contracting, and project execution processes.
• Manage insurance coverage for projects, assets, and liabilities.

Leadership & Strategic Decision Support

• Act as a key financial advisor to the Managing Director and senior leadership team.
• Support strategic decisions related to tenders, bids, joint ventures, and large-scale project investments.
• Lead and develop finance teams across multiple group entities.
• Drive process improvements and system implementations to enhance financial efficiency.

Stakeholder & Banking Relations

• Prepare consolidated financial reports for group-level review and decision-making.
• Present financial performance updates to management and external stakeholders where required.
• Manage relationships with auditors, consultants, banks, and investors.
• Ensure transparency and accuracy in financial reporting across all entities.