Project Finance Senior Specialist
Job Description
Project Finance Senior Specialist
Location: Abu Dhabi, UAEDepartment: Project Finance
Reports to: CFO
About the Rol
eWe are seeking a highly skilled and experienced Project Finance Senior Specialist to join our client's dynamic finance team. This is a critical role responsible for ensuring accurate revenue recognition, maintaining strong financial integrity, and ensuring consistency in project-related financial reporting across our complex defense and engineering projects
.In this role, you will provide financial oversight for major projects, supporting revenue recognition, margin visibility, and financial compliance under IFRS. You will work closely with Project Finance, Commercial Finance, and project execution teams to ensure financial information accurately reflects project progress and supports sound business decision-making
- You will also play a key role in enhancing our system-driven financial processes, contributing to improvements in SAP Project Systems to enable scalable and reliable project finance operations
Key Responsibiliti
esIFRS 15 & Revenue Recogniti- onApply IFRS 15 to complex project contracts, ensuring accurate revenue recognition and full compliance with accounting standards
- .Structure revenue recognition logic for project milestones, variations, and change order
- s.Support project margin reviews and monitor financial assumptions such as Latest Estimates and key cost drivers
- Project Financial Oversig
- htProvide financial insights to Project Finance and project teams to support understanding of project financial performanc
- e.Prepare technical accounting documentation and support internal and external audits
- .Collaborate with Project Finance, Commercial Finance, and project teams to ensure financial data reflects project executio
- n.Support alignment across the company's entities when projects involve multi-entity structures or cross-entity collaboratio
- ntContribute to improvements in SAP Project Systems and ensure alignment across MSP, SAP, and CRM data flows
- .Support the transition from manual financial processes to system-driven controls and reportin
- g.Define automation requirements and support the standardization of revenue recognition practices across project
- s.Assist in the preparation and validation of project financial information and reporting accurac
Qualifications and Ski
llsEssent- ialBachelor's degree in Finance, Accounting, or a related fie
- ld.8+ years of experience in project finance, financial analysis, or technical accounting in project-based environmen
- ts.Strong knowledge of IFRS, particularly revenue recognition principles (IFRS 1
- 5).Hands-on experience with SAP (Project Systems modul
- e).Proven experience supporting financial analysis and project financial monitori
- ng.Experience supporting financial audits and preparing technical financial documentati
- on.Advanced proficiency in Excel and PowerPoi
- bleProfessional accounting qualification (e.g., CA, ACCA, CM
- A).Experience in the defence, engineering, or construction secto
- rs.Experience with ERP system implementation and process automati
- iesStrong analytical and problem-solving skil
- ls.Ability to collaborate effectively with cross-functional teams, including Project Management, Commercial Finance, and Accounti
- ng.Excellent communication and stakeholder management skil
- ls.Self-motivated with a proactive approach to process improveme
nt.