Finance Manager (Western)
Our Client is a world class technical service provider for the oil and gas industry. They help to design, build, install and operate oil and gas onshore, maritime and offshore assets to ensure safety, sustainability and superior value.
An independent advisor providing consulting, design, assurance and project execution services, combining excellent engineering and analytical skills with operational experience of offshore, maritime and onshore oil and gas assets.
They are now looking to hire an experienced and qualified Finance Manager to join their team immediately.
MAIN OBJECTIVES OF THIS ROLE INVOLVE:
Financial and Management Accounting
Ensure timely submission of all monthly accounts reporting to Finance Accounts Hamburg.
Preparation of and submission of timely and accurate management report including, but not limited to, variance reports to the Finance Controller
Periodic review of accounting systems and internal controls to ensure accuracy and integrity of financial data in the finance and accounts
Ensuring balance sheet accounts are reconciled and appropriately documented
Responsible for monitoring bank accounts and managing the cash flow of the region, including working capital management, including timely reporting of Monthly Liquidity Fund (MLF)
Liaison with the Treasury and Regional Finance Office regarding funding requirements
Liaison with banks with regards to bank facilities e.g. loan, overdraft and trade facilities.
Audit and Taxation
Responsible for timely preparation of statutory accounts
Assist the Finance Controller in connection with communication with the auditors (internal and/or external) on audit issues and ensuring appropriate follow-up action with relevant party(ies)
Review tax status to achieve tax effectiveness and efficiency
Main liaison with auditors on audit issues and ensuring proper follow up action(s).
Main liaison with Income Tax Authorities and appointed tax consultants on tax related issues, and tax planning
VAT/GST preparation and reporting (where applicable)
Legal and Company Secretarial
As appropriate, review contracts to ensure financial viability as well as ensuring that financial exposure is minimized
Ensuring that the statutory returns are prepared and lodged with the appropriate authorities
Timely issuance of accurate invoicing, in consultation with operations teams
Review finance processes and procedures with a view to achieve operational excellence i.e. effective and pragmatic. These include critical review of procedures on Time-to-Invoice and Time-to-Cash
Providing timely, accurate and meaningful management information to the Country Manager and the Regional Finance Office
Assisting the Regional Finance Office in the preparation of business plans, especially with regards to financial justification
Evaluation of business opportunity, projects and/or capital expenditure
Ensure all statutory payments e.g. business taxes, payroll taxes, trade license fees, etc., are adhered
Budgeting and Forecasting
Preparation of monthly finance forecast
Main liaison with the Finance Controller on forecasting
Review and monitor budget, and prepare monthly variance report for submission to the Finance Controller
Successful candidate must meet the following requirements (* denotes an advantage):
Minimum of 10 years, some at managerial level
Working experience in public accounting firm
Working experience in MEA and Oil & Gas industry*
Exposure to ERP Great Plains, SAP R/3*
Exposure to FCPA, UK Bribery Act, SOX*
Drive to achieve
Ability to adapt
About the Company
About the Company
RealHR was established in 2007 as a generalist HR management consultancy. Its aim is to meet the ever increasing need in the UAE for expert HR services in a country where enterprise is booming and employment law is being developed continuously.
Market changes and client demand have led to significant developments within the UAE. In particular the last couple of years have seen the increasing development of the importance of good people management practices and the need for high calibre staff to create competitive advantage. These two key areas have been proven globally to be the key to business success and growth.
RealHR prides itself on the in-depth knowledge of HR & Recruitment, so that our clients can focus on their core business. We tailor our service to match the needs of our clients so they get effective, timely and pragmatic help, advice and support when they need it, at a price they can afford to pay.