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Sobre esta vaga de CFO (Energy Infrastructure & EPC) na JUST ONE | Recruitment & Executive Search agency

JUST ONE | Recruitment & Executive Search agency · Presencial · Athens, Attica, Greece

For a leading company operating in the energy infrastructure and Engineering, Procurement & Construction (EPC) sector.

Responsibilities

  • Lead the company’s finance function, including accounting, financial controlling, treasury, budgeting, forecasting, taxation, and statutory reporting, ensuring strong financial governance and operational effectiveness.
  • Act as a strategic business partner to the CEO and management team, providing financial insights to support growth, investment, financing, project selection, and resource allocation decisions.
  • Oversee the financial performance of the EPC project portfolio, establishing robust financial controls throughout the entire project lifecycle, from contract award and procurement to construction, commissioning, and final close-out.
  • Monitor project budgets, actual and committed costs, estimated costs to complete (ETC), estimated costs at completion (EAC), and Work in Progress (WIP), ensuring accurate reporting and timely identification of cost overruns or margin deviations.
  • Review project profitability and financial forecasts, challenging assumptions around productivity, procurement costs, subcontractors, contingencies, and remaining project costs in collaboration with Project Managers and operational teams.
  • Monitor project revenue, billing, receivables, retention amounts, contract assets and liabilities, supplier commitments, and subcontractor obligations, ensuring effective cash-flow forecasting and working-capital management.
  • Oversee variations, claims, change orders, and other contractual developments that may affect project revenue, costs, profitability, or cash flow.
  • Ensure accurate financial statements and management reporting in accordance with applicable accounting standards and IFRS, with particular emphasis on IFRS 15 and revenue recognition for long-term EPC contracts.
  • Ensure consistency between project progress, costs incurred, financial forecasts, revenue recognition, and reported margins, including the appropriate accounting treatment of contract assets, liabilities, accruals, provisions, and loss-making projects.
  • Lead month-end and year-end closing processes, coordinate external audits, and maintain effective relationships with auditors, banks, tax advisers, and other financial stakeholders.
  • Drive annual budgeting and periodic forecasting, implementing rolling forecasts across P&L, balance sheet, cash flow, and project portfolio performance.
  • Develop financial dashboards and KPIs to provide management with clear visibility into revenue, EBITDA, project margins, WIP, backlog, cash generation, receivables, working capital, and project risk exposure.
  • Lead treasury and liquidity management, ensuring reliable short- and medium-term cash-flow forecasts and improving cash conversion across projects.
  • Optimize customer billing and collections, supplier and subcontractor payment terms, and working-capital requirements to support the company’s financial stability and growth.
  • Manage relationships with banks and financial institutions, overseeing bank guarantees, performance guarantees, advance-payment guarantees, and other financial instruments required under EPC contracts.
  • Establish and continuously strengthen the internal control framework, including financial authorizations, purchasing, subcontracting, project expenditure, payment approvals, and order-to-cash and procure-to-pay processes.
  • Identify and mitigate financial, contractual, and project-related risks that could affect profitability, cash flow, or liquidity, ensuring appropriate financial controls across the organization.

Requirements

  • Significant experience in senior finance leadership roles, such as CFO, Finance Director, or Head of Finance/Controlling.
  • Proven experience in EPC, construction, renewable energy, infrastructure, engineering, or another project-based environment.
  • Strong hands-on experience managing Work in Progress (WIP), long-term projects, project costs, and profitability at individual project level.
  • In-depth, practical knowledge of IFRS, particularly IFRS 15 and revenue recognition for long-term contracts.
  • Proven expertise in project controlling, including cost-to-complete (ETC), estimate at completion (EAC), project margin forecasting, and financial risk assessment.
  • Strong experience in budgeting, rolling forecasts, financial modelling, cash-flow forecasting, and working-capital management.
  • Experience managing contract assets and liabilities, variations, change orders, claims, and project-related financial commitments.
  • Solid understanding of treasury, banking, internal controls, statutory reporting, and financial audit requirements.
  • Experience working closely with Project Managers, Operations, Procurement, and senior management to monitor project performance and challenge financial assumptions.
  • Advanced Microsoft Excel skills and strong ERP and financial reporting capabilities.
  • Hands-on and operational, with the ability to investigate project-level financial details and identify potential issues early.
  • Strong commercial acumen, with the ability to understand contractual terms and translate them into financial implications.
  • Confident in constructively challenging Project Managers on project forecasts, costs, margins, risks, and cash-flow assumptions.
  • Highly analytical, structured, and detail-oriented, with a strong focus on financial accuracy and accountability.
  • Able to establish effective financial processes and controls within a growing and evolving organization.
  • Strong communication and stakeholder management skills, with the ability to work effectively with shareholders, senior executives, auditors, banks, and operational teams.
  • Proactive in identifying financial deterioration, escalating risks, and recommending corrective actions to protect profitability and liquidity.

Benefits

  • Annual Gross Compensation: Base Salary €70.000 - €85.000
  • Performance-based bonus.
  • Private medical insurance.
  • Company pension plan.
  • Company Car.
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Como este salário de CFO se compara

Esta vaga paga $86,745/yr — abaixo da faixa típica para vagas de CFO.

$74,000 a mediana $196,000 $325,000

Faixa típica $135,625–$270,000/yr, com base em 158 vagas de CFO comparáveis na JobsRadar (pagamento anualizado em USD). Ver insights salariais de CFO →

Sobre a JUST ONE | Recruitment & Executive Search agency

JUST ONE is an Executive Search & Recruitment firm, providing Headhunting at all levels of seniority, covering all functions, serving all industry sectors.

Originally from Greece, we are recruiting in whole Europe from entry level to GM Cluster level. We have our own offices in Greece, in Cyprus, in France and a strong partnership with Italy. At the beginning of 2024, we will open in Spain and in the Netherlands.
We act with strategy, determination and commitment. We present a large choice of candidates, from the 1st week of the search, providing efficient reports with crucial information on our candidates. We mainly work on a Succes Basis, our main purpose is a win-win collaboration and our ultimate goal: the hiring.

We make the difference! We are unique! We are JUST ONE !

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