Finance Team Lead for an Oil and Gas Company

Job description / Role

Finance Team Lead for an Oil and Gas Company in the UAE

• Responsible to lead and supervise the day-to-day finance and accounting function including but not limited to accounts payable, accounts receivable, treasury, audit and VAT
• Review monthly revenue invoices and ensure compliance with revenue contracts; review bank reconciliations and scrutinize and clear reconciling items
• Ensure financial integrity by conducting complete GL review and internal controls check as part of monthly closing activity
• Review monthly/quarterly asset capitalization and depreciation calculation and recording
• Record and review month-end accruals and ensure accruals are aligned with monthly cost projection
• Support audit requirements both internal and external by providing required information to auditors and provide assistance to the team as and when required during the audit

Requirements

• POSITION: Finance Team Lead
• HIRING COMPANY: Oil and gas company
• LOCATION: UAE
• AVAILABILITY: Immediately (1 month max)
• EMPLOYMENT TYPE: Contract (1-year extendable)

CANDIDATE PROFILE:
• Open to ANY nationality
• Male/Female, 45 years old and below

EDUCATION/EXPERIENCE REQUIRED:
• Bachelor’s Degree in Finance/Accounting
• ACCA Qualification is a must
• Minimum of 13 years of overall experience, with at least 5-7 years in the Oil & Gas Industry
• Must have at least 3 years leadership experience handling accounts payable and receivable, audit, treasury, and VAT team
• Strong and hands-on experience in Accounts Payable, Accounts Receivable, Audit, Treasury and VAT
• Strong knowledge and experience in UAE/Bahrain/Oman or any other GCC country VAT regulations
• Knowledgeable in IFRS and Accruals and UOP depreciation
• Good understanding of bank guarantee and LC payments
• Proficient in using accounting software
• Excellent communication and leadership skills

About the Company

A leading recruitment agency in UAE.