Finance Team Lead for an Oil and Gas Company

RTC-1 Employment Services

Dubai, UAE

Posted
Ref: QP275-280

Job description / Role

Employment: Contract

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

JOB DESCRIPTION:
• 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
• Responsible for Accounts Payable, Accounts Receivable and Treasury
• 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
• Extensive hands-on experience in Accounts Payable, Accounts Receivable, Audit, Treasury and UAE VAT regulations
• Outstanding knowledge and experience in UAE/Bahrain/Oman or any other GCC country VAT regulations
• Strong hands-on experience in General Ledger, IFRS and Accruals and UOP depreciation
• Good understanding of bank guarantee and LC payments
• Proficient in using accounting software and MS Office Applications
• Experience in using Maximo and Sun System is an advantage
• Excellent communication and leadership skills

About the Company

RTC-1 Employment Services is a licensed recruitment firm based in Dubai, UAE. Our team has been in the market since 2004 and we are supporting various industries with their staffing needs across the Middle East and Africa.

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