Polaris Development Company Ltd (PDCL), the special purpose entity created to deliver Project Polaris — one of the government’s flagship infrastructure initiatives — has launched a search for a seasoned, highly qualified Finance Manager to lead its financial operations.
As the company’s senior financial lead, the appointed Finance Manager will hold end-to-end responsibility for PDCL’s entire financial management function, spanning core activities from financial administration and accounting integrity to comprehensive budgeting, active cash flow oversight, and strict adherence to both lender stipulations and government statutory requirements. A core mandate of the role is embedding robust financial governance, transparent reporting protocols, and disciplined internal control systems across every phase of the project’s lifecycle. The role reports directly to PDCL’s Chief Executive Officer and provides critical analytical and reporting support to the company’s board of directors through accurate financial disclosures and proactive risk management.
The position is structured around seven key responsibility areas. First, in financial planning and budget management, the successful candidate will develop and oversee capital expenditure budgets and financial forecasts, track ongoing spending to deliver variance analysis and early expenditure warnings, and contribute to long-term planning for the company’s financial sustainability.
Second, for lender administration and compliance, the Finance Manager will oversee all drawdown processes aligned with the terms of existing financing agreements, guarantee full compliance with all lender conditions, financial covenants, and mandatory reporting requirements. They will also prepare required compliance certificates, formal financial reports, and drawdown requests, and maintain consistent, structured communication with lending partners, facility agents, and external auditors.
Third, in accounting and internal controls, the role requires building and maintaining rigorous accounting systems and internal control frameworks, ensuring all financial records are maintained in a permanent audit-ready state and meet all statutory compliance standards, and overseeing all tax and regulatory reporting activities.
Fourth, for payment and cash flow management, the Finance Manager will review payment applications submitted by project contractors, lead cash flow forecasting and liquidity planning to maintain stable operations, and ensure all fund disbursements are completed accurately and on schedule.
Fifth, in financial reporting and board support, the appointee will prepare monthly, quarterly, and annual full financial statements, deliver tailored financial insights and reports to the CEO and board of directors, and identify emerging financial risks while proposing actionable mitigation strategies.
Finally, the role carries dedicated risk management responsibilities, including ongoing monitoring of core financial risks such as potential cost overruns and covenant exposure, supporting financial assessments related to project claims, and maintaining structured regular reporting on the company’s financial risk profile.
To be considered for the role, candidates must demonstrate advanced expertise in infrastructure finance and project-specific accounting, a solid working knowledge of public-private partnership (PPP) frameworks and PDCL’s unique financial structure, and prior experience managing lender compliance and complex financing arrangements. Candidates are expected to hold high professional standards of integrity, transparency, and accountability, paired with strong analytical, forecasting, and reporting capabilities, and the ability to translate complex financial data into clear insights for senior leadership and board stakeholders.
Minimum educational and professional requirements include a bachelor’s degree in finance, accounting, economics, or a closely related field. An active professional accounting designation such as CPA, ACCA, CA, or an equivalent global qualification is strongly preferred. Candidates must also have a minimum of 10 years of progressively responsible experience in financial management, with prior work on infrastructure projects, PPP frameworks, or project-financed operational environments. Previous experience working with international lenders or development finance institutions is considered a valuable added asset for candidates. Technical requirements include advanced proficiency in financial modeling and Microsoft Excel, strong working knowledge of the full Microsoft Office Suite, and prior experience with accounting and project cost management systems is a preferred qualification.
For candidates interested in applying, application packages including a detailed curriculum vitae and a tailored cover letter must be submitted via email to [email protected], with copies sent to [email protected] and [email protected]. All applications must use the subject line “PDCL Application — Finance Manager” to be correctly routed. The closing deadline for all submission is 31 May 2026. PDCL notes that while all applications are appreciated, only shortlisted candidates will be contacted for further recruitment steps.
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