Position: Working Capital & Treasury Lead / Controller
Location: Dubai, UAE
Job Type: Full-Time

Waagner Biro, a leading Middle Eastern construction company and part of the Egis Group, is seeking an experienced Working Capital & Treasury Lead to manage the company’s financial operations related to cash, treasury, and working capital. This role ensures optimized liquidity, strong financial control, and efficient implementation of key working capital KPIs across projects.

Key Responsibilities

Working Capital Management

• Manage end-to-end Accounts Payable (AP), Accounts Receivable (AR), and cash operations

• Perform weekly and monthly cash flow forecasting and liquidity planning

• Monitor DSO, DPO, Cash Conversion Cycle, ageing analysis, and overdue balances

• Ensure timely conversion of WIP and unbilled revenue into Payment Applications

Treasury & Banking

• Oversee daily treasury operations, including bank balances, cash positions, and liquidity coverage

• Manage banking relationships and ensure compliance with facility terms

• Handle construction-specific treasury activities: Performance Bonds, Advance Payment Guarantees, Retention Bonds, and Bid Bonds

• Track guarantees renewal and cancellation in alignment with contract terms

Accounts Receivable / Billing / WIP

• Supervise billing cycles, receipts, reconciliations, and customer statements

• Review Payment Applications, certifications, variations, and retentions

• Coordinate with operations on collections and project billing milestones

• Monitor credit risk and escalate overdue cases

Accounts Payable

• Supervise AP team to ensure timely and accurate invoice processing

• Approve supplier invoices and payment batches in ERP systems

• Align with procurement on payment plans, GRN clearance, and supplier priorities

Intercompany & Compliance

• Manage intercompany recharges, confirmations, and reconciliations

• Support internal and external audits for AP, AR, cash, and treasury

• Ensure compliance with Group financial policies, UAE VAT, and IFRS principles

Team Leadership

• Lead a team of 5–7 members across AP, AR, and Cash

• Set and track KPIs including DSO, DPO, cash forecast accuracy, and WIP turnover

• Drive process improvement, automation, and standardization across functions

Requirements

• Bachelor’s degree in Accounting, Finance, Business, or related field

• ACCA, CPA, or CMA (full or part-qualified) preferred

• 7–10 years of accounting experience with strong focus on working capital and treasury in construction

• Proven experience with AP, AR, billing, WIP, Payment Applications, cash flow forecasting, and construction bonds/guarantees

• Minimum 3 years in a supervisory or chief accountant-level role

• ERP experience required (Xpedeon knowledge advantageous)

• Strong analytical, communication, and stakeholder management skills

• Fluent in English

About the Company

Egis is an international consulting, engineering, and mobility services group active in 120 countries. With expertise in intelligent infrastructure, sustainable construction, and innovative solutions, Egis supports resilient and balanced development worldwide. Waagner Biro, part of Egis, delivers high-profile bridge, marine, and infrastructure projects across the Middle East.