CFO (Oil & Gas)

Job description / Role

CFO (Oil & Gas) Qatar

Our client is a major O&G related business based in Qatar. They seek a seasoned Oil & Gas CFO to run their finance function.

The Chief Financial Officer will be a member of the Senior Management Team and report directly to the Chief Executive Officer of the Organization and have close interaction with the Senior Management Team and the Boards. As a member of the Senior Management Team, the CFO will support the CEO in setting strategic direction and driving financial performance. The CFO defines financial strategy and manages key support functions including accounting/controlling, budgeting, inventory management, financial reporting, insurance, procurement, supply chain, risk management, tax and treasury

Key Responsibilities:
- Advise the CEO and key business leaders on the financial implementation of strategic issues.
- Define the business and financial strategy in cooperation with senior management based on a robust and thorough annual planning process and taking into consideration the economic situation, market trends and development.
- Provide strategy and direction to business planning and the investment process, ensure financial support to business leaders
- Provide strategic direction for effective tax, treasury, financial risk management
- Ensure compliance with accepted financial accounting standards and legal requirements by setting and monitoring internal controls
- Oversee the accounting process, credit risk and other financial processes
- Ensure adequate usage of the ERP system in the finance area
- Ensure appropriate consolidation of the company financial according to accounting standards.
- Governance, Financial Risk Management and Internal Controls
- Constantly improve Finance Processes and identify ways to improve financial and business performance.
- Provide strategic direction and ensure that the procurement, production, inventory control, logistics and distribution process is functioning effectively to avoid delays which may have impact on the production and financial loss.
- Provide direction and support to the entire Contract Management by participating in the tender meetings by providing financial and business direction to proposed tenders in order to ensure both adherence to commercial policy and as well as achievement of clear business results.
- Provide strategic direction in the areas of inventory forecasting, inventory valuation, quality management for the availability of materials/spare parts to meet the operational requirements.
- Provide strategy and direction to maintain optimum inventory levels to cater for the materials/spare parts requirements for all production units.
- Act as a sparring partner to the CEO and proactively coordinate with other Senior Management Team members
- External interfaces include auditors, lawyers, consultants, bankers, rating agencies and the trade press and chemical analysts
- Ensure internal customers’ satisfaction by continuous stakeholder management

Requirements

- MUST be based in either the GCC or United Kingdom ONLY. Candidates in other locations will not be contacted.
- Bachelors Degree in Business Administration, Economics or equivalent from a recognized University. Master’s degree from an acknowledged university, plus possibly an MBA will be preferable.
- 15+ years direct and relevant experience related to operation and management of oil/gas or petrochemical industry with minimum 5 years in a senior managerial role.
- Holds professional certification (i.e. CPA, CMA, CIMA etc.)
- Finance, Planning, Project Management, Leadership and supervisory skills is essentials.
- Knowledge of legal and industry standard requirement

About the Company

Mackenzie Jones Middle East has decades of recruitment expertise in various industry sectors. Along with a deep understanding of key market sectors and regions, we never forget to treat clients, companies and candidates as individuals who have unique needs.

So we always listen, constantly learn, occasionally challenge and frequently advise. Its all part of a service renowned for its courtesy, consideration and dedication. Based in Dubai since 2006, our office covers the GCC and Levant countries and with the right regional expertise, we are the leading specialists.

Were growing rapidly because people appreciate our honesty, commitment and results.