Finance Specialist at Oivan Group Oy
Dubai, Dubai, United Arab Emirates -
Full Time


Start Date

Immediate

Expiry Date

07 Jan, 27

Salary

553000.0

Posted On

16 Oct, 26

Experience

8 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Real Estate Brokerage & Services

Description

About the job


  • Engagement details:Job Title: Finance Manager
  • Client: Prominent Regional Corporate Firm - Oil & Gas
  • Department: Finance & Accounts
  • Reporting To: Plant Operations Head
  • Employment type: Permanent role
  • Location: Onsite in Dammam, KSA
  • Experience level: 10 - 15 years


*This opportunity is open to talented professionals from across the globe.

About the Joint Venture:The JV is a strategic joint venture focused on the manufacturing, remanufacturing, repair, and servicing of critical components for the Oil & Gas industry. Combining world-class manufacturing expertise with advanced engineering capabilities, the organization delivers high-quality products and solutions that meet international standards and customer expectations. The company is committed to operational excellence, innovation, safety, quality, and continuous improvement across its operations.

Role Summary:The Finance Manager will be responsible for the overall financial management of the JV, ensuring robust financial controls, accurate reporting, effective budgeting, cash flow management, cost control, compliance, and business performance analysis.

The role will act as a strategic business partner to the Plant Operations Head and leadership team by providing financial insights that support operational efficiency, profitability, working capital optimization, investment decisions, and sustainable business growth. The position requires strong experience in manufacturing finance, inventory valuation, project costing, ERP systems, and financial planning within industrial or Oil & Gas manufacturing environments.

  • Key Responsibilities:1) Financial Planning & Budgeting Lead annual budgeting and forecasting activities.
  • Develop long-term financial plans aligned with business objectives.
  • Monitor budget utilization and variance analysis.
  • Support leadership in financial decision-making processes.
  • Prepare rolling forecasts and business performance projections.


  • 2) Financial Reporting & AnalysisPrepare monthly, quarterly, and annual financial reports.
  • Ensure accurate and timely management reporting.
  • Analyze business profitability and operational performance.
  • Provide detailed cost and margin analysis.
  • Present financial results to management and JV stakeholders.


  • 3) Cost Management & Manufacturing FinanceOversee product costing and manufacturing cost analysis.
  • Monitor material, labor, overhead, and operational expenses.
  • Manage inventory valuation and work-in-progress accounting.
  • Review cost variances and recommend corrective actions.
  • Drive cost optimization initiatives across operations.


  • 4) Cash Flow & Working Capital Management Monitor cash flow requirements and liquidity.
  • Manage receivables, payables, and working capital.
  • Optimize inventory investments.
  • Support cash forecasting and treasury activities.
  • Improve cash conversion cycle performance.

Responsibilities

About the job


  • Engagement details:Job Title: Finance Manager
  • Client: Prominent Regional Corporate Firm - Oil & Gas
  • Department: Finance & Accounts
  • Reporting To: Plant Operations Head
  • Employment type: Permanent role
  • Location: Onsite in Dammam, KSA
  • Experience level: 10 - 15 years


*This opportunity is open to talented professionals from across the globe.

About the Joint Venture:The JV is a strategic joint venture focused on the manufacturing, remanufacturing, repair, and servicing of critical components for the Oil & Gas industry. Combining world-class manufacturing expertise with advanced engineering capabilities, the organization delivers high-quality products and solutions that meet international standards and customer expectations. The company is committed to operational excellence, innovation, safety, quality, and continuous improvement across its operations.

Role Summary:The Finance Manager will be responsible for the overall financial management of the JV, ensuring robust financial controls, accurate reporting, effective budgeting, cash flow management, cost control, compliance, and business performance analysis.

The role will act as a strategic business partner to the Plant Operations Head and leadership team by providing financial insights that support operational efficiency, profitability, working capital optimization, investment decisions, and sustainable business growth. The position requires strong experience in manufacturing finance, inventory valuation, project costing, ERP systems, and financial planning within industrial or Oil & Gas manufacturing environments.

  • Key Responsibilities:1) Financial Planning & Budgeting Lead annual budgeting and forecasting activities.
  • Develop long-term financial plans aligned with business objectives.
  • Monitor budget utilization and variance analysis.
  • Support leadership in financial decision-making processes.
  • Prepare rolling forecasts and business performance projections.


  • 2) Financial Reporting & AnalysisPrepare monthly, quarterly, and annual financial reports.
  • Ensure accurate and timely management reporting.
  • Analyze business profitability and operational performance.
  • Provide detailed cost and margin analysis.
  • Present financial results to management and JV stakeholders.


  • 3) Cost Management & Manufacturing FinanceOversee product costing and manufacturing cost analysis.
  • Monitor material, labor, overhead, and operational expenses.
  • Manage inventory valuation and work-in-progress accounting.
  • Review cost variances and recommend corrective actions.
  • Drive cost optimization initiatives across operations.


  • 4) Cash Flow & Working Capital Management Monitor cash flow requirements and liquidity.
  • Manage receivables, payables, and working capital.
  • Optimize inventory investments.
  • Support cash forecasting and treasury activities.
  • Improve cash conversion cycle performance.

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