Finance Manager

2 weeks ago

Doha, Baladīyat ad Dawḩah, Qatar Oil and Gas Job Search Ltd Full time
Reporting structure

Reports to: Nakilat Chief Financial Officer

Direct Reportees:

  • Financial Accountant
Job Summary and Purpose


Manage all financial activities related to NSW to ensure informative, timely and accurate management reports in compliance with applicable laws, rules and regulations.

As well as manage and implement sustainable financial controls to ensure NSW operations and business are in a profitable manner.

Accountabilities

Strategic Accountabilities:

  • Contribute to the formulation of the divisional strategy in alignment with NAKILAT and NSW strategies, and support its implementation.
2.

Participate in translating the divisional strategy into annual business plan, monitor implementation and progress, and recommend corrective actions as needed.

3. Plan, develop and lead an efficient and robust Finance function to support NSW's strategic planning initiatives, operations and activities.

Key Accountabilities:

Internal Controls:

4.

Develop the Company financial policies and procedures and oversee their proper implementation to support the financial practices and achieve the planned objectives.

5.

Oversee all applicable financial controls and ensure adequate assessment and mitigation of risk as well as compliance with applicable regulatory and other legal requirements.

Financial Management:

6.

Provide an independent and constructive perspective to commercial and operations teams, to ensure the business decisions are grounded on solid financial criteria.

7.

Support NSW MD with insights on the Financial position of the Company, by presenting an objective view of the Financial situation and providing sound recommendations for the allocations of resources in the most efficient way to achieve the business goals and objectives.

8. Oversee the activity-based costing and make recommendations for cost reduction and profit improvement.
9. Lead all function's objectives and KPIs set by the Company in accordance with the approved plan and timelines.
10.

Review the monthly budget variances analysis and segments profitability and recommend corrective action to avoid adverse variances and deviation from the business plan.

11. Oversee cash flow planning and ensure availability of funds as needed.
12. Oversee the relationship with various stakeholders; i.e. external auditors and Nakilat Finance.

Knowledge Transfer:

13.

Build the team skills, through transformation initiatives and major change programs, and raise awareness and knowledge of applicable financial policies and procedures.



  • Manage NSW Finance staff to deliver the set functional objectives.
Accountabilities - 2

Generic Accountabilities:

People Leadership:


15.

Manage NSW finance staff , cascade the objectives and priorities and ensure the team capability to accomplish the day-to-day finance related activities, by ensuring continuous training and professional education for the team members as required.

Change Management:

16.

Contribute to managing change in the team by providing inputs for and taking part in change initiatives, programs and projects that are aligned with the Company strategy and best practice.


Safety, Health, Quality, & Environment (SHEQ)
17. Oversee and ensure compliance with all relevant SHEQ policies, procedures and controls across the finance function.

Budgets and Plans:

18. Oversee the budget preparation and execution, rolling forecasts and cost management, in alignment with the Company's strategic plan.

Systems and Processes:

19.

Lead the transformation related to digital technology to effectively manage, analyze and present data in a way that yields the greatest value for the business.

Others:

20.

Oversee the year-end audit task and ensure appropriate monitoring and supporting of disclosed numbers in the Financial Statements and notes.

21. Carry out other strategic duties as directed by Nakilat Chairman, NSW MD and Nakilat CFO.

Accountabilities - 3

Accountabilities - 4

Competencies

Achievement Oriented - Advanced

Collaboration & Team Work - Advanced

Customer Centricity - Advanced

Drive Vision - Advanced

Empower & Nurture Talent - Advanced

Interactive Communication - Advanced

Solution Oriented - Advanced

Accounting Policies & Procedures - Expert

Audit Management - Specialist

Financial Analysis - Expert

Financial Planning and Budgeting - Expert

Financial Reporting & Compliance - Specialist

Financial Risk Management - Expert

General Accounting Processes - Expert

Inventory and Fixed Assets Administration - Specialist

Management Reporting - Expert

Payroll Process Management - Specialist

Professional Accounting Standards - Specialist

Tax Strategy, Planning & Compliance - Specialist

Key Result Areas

  • Provide solid budget package supported by realistic assumptions in alignment with the Company Strategy
  • Provide reliable data and analysis for timely and objective decision making
  • Eliminate bottlenecks through digital transformation
  • Ensure processes streamlining and continuous improvement
  • Ensure smart challenging to the status quo and value delivering
  • Reduce / mitigate risks
  • Ensure ethical and responsible management and leadership
  • Ensure compliance with the latest applicable financial standards
Interactions and Working Relations

Internal:

  • Nakilat Chairman
  • NSW Board of Directors
  • NSW Executive Management members
  • Nakilat Finance department
  • NSW other department Managers; and
  • Internal auditors
External:

  • Banks and financial institutions
  • External Auditors
Financial Authorities

  • As per the Table of Financial Authority (TOFA
Qualifications, Experience and Job Skills

Qualifications:

  • Bachelor's degree In Accounting or Finance
  • Master's Degree and/or specialized professional certificates
Experience:

  • 12 to15 years of related experience of which a minimum of 5 years should be in a similar role / responsibility.

Job Specific Skills:

  • Microsoft Office
  • IFRS
  • GAAP
  • Industry-specific software such as like Great Plains, QuickBooks, Simply Accounting, SAP, CaseWare, tax preparation software, MIS and Audit Command Language.
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