Other Benefits: Best in Industry
Education: Basic - Any Graduation, PG - Chartered Accountant(Chartered Accountant)
Nationality: Any Nationality
Industry Type: Oil & Gas / Petroleum
Functional Area: Accounts / Tax / CS / Audit
Role: Dubai Financial Controller
Division: O&G
Work location: Dubai
Manage Others: Yes
Reporting to: Dubai General Manager
Business Unit: Weir Solutions
Country: United Arab Emirates
Department: Finance
Responsibility
This is the lead finance position for the Dubai O&G business. Reporting to the General Manager, this role will be responsible for all aspects of financial control over the Dubai business, including consolidation of our Iraq & Oman businesses.
Objectives & Measurement:
- Promote a ‘business partnering’ culture within Dubai, with finance embedded as a key part of the local management team.
- Monitor the operating financial control mechanisms in the business and strengthen them where required.
- Reconciliation and review of the balance sheet, highlighting any potential issues while continually improving processes and controls.
- o Ensure robust work in progress reviews are performed on a quarterly basis, highlighting issues on a timely basis.
- o Chair management meetings to address overdue debts
- Strong working capital management, ensuring that budget and forecast targets are exceeded.
- Follow the principles of revenue recognition as laid down by Weir policies. Ensure correct and timely issuing of invoices for all activities, in accordance with contractual requirements.
- Ensure that all payments are in accordance with budgets, agreements and contracts etc. and that invoices are properly checked and approved before payment. Ensure timely payments of suppliers, contractors and related Weir companies.
- Compile monthly, quarterly and annual financial reports as required by management, comprising statistical analysis, budget deviations and comments to same, including the consolidation of the Iraq and Oman business results.
- In close co-ordination with the General Manager, administer the preparation and submission of budgets and forecasts in the approved format.
- Keep management informed of significant departures from operating budgets, either actual or estimated. Make recommendations to management regarding potential improvements in the financial result.
- Liaise directly with both internal and external auditors.
- Liaise closely in all financial matters with the designated focal point in Weir Oil & Gas Division and the Services Finance Director.
Measurements: Successful achievement of key financial metrics. Finance department perceived as ‘best in class’ and a full business partner to other functional departments. Continue to foster a ‘no surprises’ culture. Clean internal and external audit reports.
Education and Qualifications
The details described here are representative of those that are encountered by or must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience: Bachelor's degree with one to two years related experience and/or training; or equivalent combination of education and experience. Qualified Chartered Accountant or equivalent, with minimum two / three years post qualification experience.
Product Knowledge: Prior experience in an O&G services business preferable but not mandatory.
Reasoning Ability: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Computer Skills: Standard Microsoft Office package with particular focus on excel. Previous experience with ERP accounting packages.
Language Skills: Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and/or boards of directors.
Physical Demands: Desk based job with little manual handling required.
Work Environment: Moderate
Core Competencies
To perform the job successfully, an individual should demonstrate the following competencies.
Analytical - Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data; designs work flows and procedures.
Project Management - Develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities.
Oral Communication - Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions; demonstrates group presentation skills; participates in meetings.
Change Management - Develops workable implementation plans; communicates changes effectively; builds commitment and overcomes resistance; prepares and supports those affected by change; monitors transition and evaluates results.
Ethics - Treats people with respect; keeps commitments; inspires the trust of others; works with integrity and ethically; upholds organizational values.
Motivation - Sets and achieves challenging goals; demonstrates persistence and overcomes obstacles; measures self against standard of excellence; takes calculated risks to accomplish goals.
Method To Apply:
Interested And Qualified Candidate Should Click here to Apply
