CountryUnited Arab EmiratesLocationAbu DhabiWorkplace locationABU DHABI-SHAMS(ARE)DomainFinanceType of contractRegular positionExperienceMinimum 10 yearsCandidate Profile
At least 8 years of oil & gas or power sector accounting, finance and strategy experience.
Must have credible exposure to large infrastructure finance management in JV context.
In minimum possess a bachelor\'s degree in finance, accounting, business or equivalent from an accredited university.
Preferable to be familiar with energy financing structures.
He/She should be able to manage personnel performing accounting, treasury, audits and similar finance management and reporting requirements - A CFO or Finance Manager previous position would be a huge plus.
IFRS knowledge and demonstrated financial/business analysis/cost control skills.
Fluency in English with strong written and oral communication skills.
Strong presentation and negotiation skills.
Capable of understanding and communicating complex financial issues in a timely, concise, and objective manner.
Excellent ability to analyze and recommend solutions to a variety of difficult situations and problems.
Strong computer skills, including spreadsheet and database applications.
Experience managing a small team of employees.
Activities
FM will be responsible for all finance, accounting, treasury, reporting, admin, and IT functions.
Oversee the billing and collection coordination function of the Company.
Monitor risk management activities, including administration of insurance policies, in consultation with the MD, and prepare annual progress reports to the Board.
Provide analysis and reporting of project company performance, compliance, tax, insurance, budget, internal control and risk management.
Reviews and analyses all contracts and ensures appropriate accounting work is completed. Manages and coordinates the appropriate purchase orders in the system. Is in close contact with the plant team to understand progress in the project activities and supports invoice and contract disputes where applicable. Ensures all project costs are reconciled and recorded for month-end activities. Interprets events and activities from a financial perspective (daily, monthly, quarterly, and annually).
Monitors project costs and compares against the plan. Provides frequent feedback to operations. Provides regular updates to the MD and shareholders including preparation of management presentations. Coordinate and report major deviations and highlight potential areas for improvement.
Leads all financial planning activities with respect to monthly, quarterly and yearly forecasts.
Maintains financial and accounting controls and oversee adherence to project company policies.
Administer hiring and purchase decisions made by the O&M Manager or MD.
In preparation for each meeting of the project company\'s Board of Directors (BOD), he/she will prepare, at a minimum, the following information:
Quarterly project cost and sources of finance analysis of expenditures and cash flows comparing actuals with budget / base case financial model parameters.
A forecast of expenditures.
In case of any requirement of any expenditure not included in the base case financial model - a detailed note shall be prepared for the Board for approval of such expenditure.
Will be asked to attend the BOD meetings to support the MD in providing any clarifications necessary to the financial reports and to respond to questions from the directors.
Participate in negotiating and drafting term sheets, purchase agreements, and financing documents, if required.
Maintain relationships with the project company shareholders, investment bankers, and advisors.
To ensure that the project company complies with the commercial/financial requirements of the project documents and governmental policy/ regulations.
Context & Environment
Competitive environment: the business operates in a very competitive environment with both local and international players. Constant technical evolutions required to remain competitive, to have in place active cost reduction and performance improvement processes, to develop and implement strategies not purely based on price so that the business protects value.
Regulatory environment: each Country has its specificities that generates constrains and opportunities. Rules constantly evolve and the business is requested on a regular basis to adapt its strategy and/or business model.
Business environment: to operate in partnership with other Company\'s affiliates to ensure consistent approach to customers, One TotalEnergies structures used, communications coordinated, opportunities created by leveraging the Company.
HSE environment: to ensure that the highest standards of HSE are implemented to meet Company\'s standards. This can often involve implementing additional processes beyond what is market standard.