Ifrs Lead

7 days ago

Doha, Qatar Qatargas Operating Full time

**Job Posting Date**:9 Dec 2024

**Work Location**: Doha, QA

**Company**:QatarEnergy LNG

**Job Purpose**:

- Lead all aspects of technical accounting including International Financial Reporting Standards (IFRS) compliance and providing guidance on implementing new IFRS’s and amendments ensuring adherence to standards. Review annual financial statements and disclosures, and advise on accounting treatment for complex commercial transactions, while also supporting the year end statutory audit process to ensure compliance, defend accounting positions and minimize the risk of adverse audit opinions.

**Key Job Accountabilities - I**:

- Lead the coordination of the year end Statutory Financial Statements for all QatarEnergy LNG group companies, acting as the focal point on all statutory reporting matters with the external auditor, communicating effectively and ensuring compliance with reporting requirements. Oversee the year end information requests for audit and financial statement disclosures, ensuring accuracy and timely reporting.
- Advise and provide insights on key financial statement disclosures such as impairment, decommissioning, significant judgements, and liquidity risk to enhance the accuracy, transparency, and compliance of financial reports. Oversee all impact assessments and implementations of new and amended accounting standards, presenting outcomes to all stakeholders to ensure seamless adoption of updated financial reporting guidelines.
- Review and further develop the technical accounting arguments to defend accounting positions in front of shareholders, internal and external audit. Ensure working papers are robust and defendable against applicable IFRS standards.
- Provide expert insights and effective interpretation on the accounting treatment of complex transactions to comply with IFRS, recommending practical solutions, and presenting conclusions to key stakeholders. Lead comprehensive financial simulations as required to understand impact on bottom line profitability.
- Ensure the provision of Finance input into the review, drafting and evaluation of commercial agreements that impact individual joint venture companies. Lead the collaboration with the respective F&P stakeholders to understand system capabilities of accounting for new commercial agreements, identifying gaps, and gaining alignment.

**Key Job Accountabilities - II**:

- Deliver internal training to F&P employees on key accounting standards applicable to QatarEnergy LNG ventures to enhance and sustain the accounting technical competency level within the organization and foster a culture of continuous learning.
- Own the QatarEnergy LNG’s Accounting Policy Manual, staying informed about current and upcoming IFRS standards and amendments, conducting periodic reviews, and updating as required. Ensure the accounting policy manual is aligned to applicable IFRS accounting standards, conducting post update roll-out sessions.
- Manage the accounting watchlist process, evaluating each accounting issue for risk and materiality, recommending appropriate strategies and presenting to finance management for information and decision-making. Lead and collaborate with action owners on simulating financial statement impact and ensure robust defence of accounting methodologies to auditors and shareholders.
- Lead the development and maintenance of a standardised methodology for annual financial tests, including impairment modelling, Expected Credit Loss (ECL) modelling, calculation of discount rates used for lease modifications, impairment testing and decommissioning provisioning respectively to ensure that the organization’s financial statements accurately reflect the fair value of its assets.
- Lead the collaboration with teams across QatarEnergy LNG to develop and maintain a standardised methodology for sustainability reporting, ensuring compliance with IFRS S1 and IFRS S2.

**Qualifications**:

- Bachelor’s degree in accounting.
- Internationally recognised professional accounting qualification (CPA, ACA, ACCA, CIMA, etc.) is mandatory.

**Knowledge and/or Experience - I**:

- 10 years of experience in the oil and gas industry, of which 3 years are in supervisory roles in finance.
- Strong commercial knowledge related to the oil and gas industry.

  • Senior Finance Transformation Lead

    2 days ago

    Doha, Baladīyat ad Dawḩah, Qatar PPL Dynamics Full time

    Job Overview:We are seeking a highly skilled Senior Finance Transformation Lead to join our team at PPL Dynamics. This is an exciting opportunity for a qualified accountant with experience in leading sizable teams and implementing strategic financial transformations.Responsibilities:Lead the transformation of our record to report unit of finance shared...

  • Lead Finance Officer

    4 months ago

    Doha, Qatar Talent Pal Full time

    **About Hamad International Airport**: Hamad International Airport enjoys a dominant position in the aviation industry. Our passenger volumes are on a steady and fast-growing path thanks to an unprecedented facility expansion that enhanced operational capacity and will drive business growth in the next years. **About the role**: We are seeking an...

  • Lead Finance Officer

    6 months ago

    Doha, Qatar Qatar Airways Full time

    About the role You will be responsible for maintaining accurate, complete, reliable accounting information of Qatar Airways complying with existing Qatar Airways Groups’ accounting policies and International Financial Reporting Standard. Accountabilities - Perform activities related to financial accounting including accounting of new business...

  • Record to Report Financial Manager

    1 month ago

    Doha, Baladīyat ad Dawḩah, Qatar PPL Dynamics Full time

    Job Summary:PPL Dynamics is seeking a highly skilled Record to Report Financial Manager to lead the transformation of the finance shared services unit. This is a contractual role with the possibility of becoming permanent. The ideal candidate will have experience in leading a sizable team and using an ERP system such as Oracle or SAP.Key...

  • Senior Financial Transformation Manager

    2 months ago

    Doha, Baladīyat ad Dawḩah, Qatar PPL Dynamics Full time

    Financial Transformation RoleWe are seeking a qualified accountant to lead the transformation of our record to report unit of finance shared services.The ideal candidate will have experience of leading a sizable team and good technical IFRS knowledge as well as experience using an ERP system such as Oracle or SAP.Key ResponsibilitiesImplementation of...

  • Record to Report Manager

    6 months ago

    Doha, Qatar People Dynamics Full time

    Position : Record to Report Manager Full time - Responsible for implementation of strategy for transformation of record to report Unit of Finance shared services. - Provide insights to Management for strategic decision making through researching recent accounting pronouncements. - Ensure periodic Financial Reporting is done error free and Reports are...

  • Finance Manager

    3 months ago

    Doha, Qatar Digital Dunes Full time

    Reporting to the CEO and COO ayou will be responsible for: - Developing a new in-house finance process to ensure smooth operations, strong control environment, timely payments and collections, and adequate financial information for external stakeholders. - Lead the annual budgeting and periodic reforecast process, manage operating and capital expenditure,...

  • Senior Finance Transformation Manager

    3 weeks ago

    Doha, Baladīyat ad Dawḩah, Qatar PPL Dynamics Full time

    Job SummaryWe are seeking a highly experienced Record to Report Manager to join our team at PPL Dynamics. The successful candidate will lead the transformation of our finance shared services unit, implementing strategic plans and ensuring error-free financial reporting.The ideal candidate will have a strong background in accounting and finance, with...

  • Transformation Finance Manager

    1 week ago

    Doha, Baladīyat ad Dawḩah, Qatar PPL Dynamics Full time

    Job Title: Transformation Finance ManagerAbout the Role:We are seeking a highly skilled and experienced Transformation Finance Manager to join our team at PPL Dynamics. As a key member of our finance shared services, you will be responsible for implementing strategies that drive business growth and transformation.Key Responsibilities:Implement strategic...

  • Audit Manager

    6 months ago

    Doha, Qatar Baker Tilly Full time

    Job Qualification: 1. Efficient/effective with strong financial, analytical, accountancy (IFRS) and auditing (ISA) skills, covering all aspects of IFRS financial statement preparation and ISA audits (planning, fieldwork, review and completion) 2. High level communication and computer skills: a. Oral, exuding confidence/inspiration/persuasion but without...

  • Executive Vice President Mergers

    6 months ago

    Doha, Qatar Qatar National Bank Full time

    Job Purpose Summary: The incumbent will support QNB's international growth strategy, by leading a multi team effort that will identify acquisition objectives in the various target markets targeted in the strategy. These targets if approved will then be steered by the M&A team through the acquisition process together with the Senior Management team and the...

  • Accountant Treasury-bnpl, Banking, Bizdiv, Fintech

    2 months ago

    Doha, Qatar HJH Full time

    Job Title : BNPL Accountant Location : Doha, Qatar Reports to : Finance Manager Job Type : Full-Time **Overview**: **Key Responsibilities**: **Financial Transaction Management**: - Oversee and reconcile BNPL transactions, ensuring accurate recording of customer accounts, merchant settlements, and payment schedules. - Implement automated solutions for...

  • Chief Financial Officer

    3 months ago

    Doha, Qatar United Village Food Full time

    NEW VACANCY CHIEF FINANCIAL OFFICER (CFO) LEADING FOOD INDUSTRY IN DOHA FLUENT ENGLISH We are looking for a highly skilled and motivated Chief Financial Officer to growing team in Doha, Qatar. Minimum 10-15 years experience in Qatar. KEY RESPONSIBILITIES - Establish, continuously develop, and implement the company’s financial strategy, reporting and...

  • Senior Reporting

    4 weeks ago

    Doha, Qatar Swan Global WLL Full time

    ndustry: Construction - Infra project Location: Lusail, Qatar Salary Range: - 12,000 QAR to 15,000 QAR Working Hrs: - 10 Working Days: - 6 Experience: - 15 Years **Job Overview**: - **Industry Experience**:Experience in the construction industry** is a must for this role. **Key Responsibilities**: - Financial Reporting: - Prepare and deliver...

  • Chief Accountant

    2 months ago

    Doha, Qatar Rankoussi Group Full time

    The Chief Accountant at Rankoussi Group will oversee the company's financial operations, ensure accurate accounting records, compliance with accounting standards, and implement strong financial controls. This role requires managing the financial team, providing insights for business decisions, and ensuring compliance with local tax regulations and company...

  • Chief Accountant

    1 day ago

    Doha, Qatar Rankoussi Group Full time

    The Chief Accountant at Rankoussi Group will oversee the company's financial operations, ensure accurate accounting records, compliance with accounting standards, and implement strong financial controls. This role requires managing the financial team, providing insights for business decisions, and ensuring compliance with local tax regulations and company...

  • Sr Accountant

    6 months ago

    Doha, Qatar Star Management Consultancy Full time

    **Full job description** - Support the accounting functions of the department regarding GL, fixed assets register, Budget and Costing, and treasury management. - Ensure that client fixed assets are recorded, recognized, re-valued, depreciated, capitalized, and disposed of in accordance with IFRS as an off Balance Sheet item. - Maintain Fixed Asset Register...

  • Chief Accountant

    6 months ago

    Doha, Qatar MTM Group Full time

    **JOB DESCRIPTION** - Management of the Finance Department by overseeing the operations of the department by leading and guiding a team of Accountants and Senior Accountants. - Management of divisional work flow and task list of the team members. - Review & Appraisal of Finance Team. - Management of Cash Flow. - Financial Planning and Control - Management of...

  • Chief Financial Officer

    6 months ago

    Doha, Qatar Linum Consult Full time

    The Role CLIENT Linum Consult’s client is a major energy company operating out of Qatar. They are currently seeking a Chief Financial Officer (CFO) to be based in their Doha office. RESPONSIBILITIES - Establishing and maintaining appropriate systems and policies to ensure effective and efficient management resources - Advising management on matters that...

  • Financial Budgeting and Business Planning Manager

    2 months ago

    Doha, Qatar Ateca Consulting Full time

    We are seeking an experienced **Financial Budgeting and Business Planning Manager (Qatarization) **for a prestigious bank in Doha, Qatar. This role is a permanent opportunity focused on creating long-term financial strategies, monitoring budgets, and ensuring effective business performance across the Group. **Key Responsibilities**: **Shareholder &...