Sharjah, UAE SALARY: 23,000 AED - 23,000 AED PER: Month TERM: PermanentAre you ready to dive into the dynamic world of financial control and reporting within the Oil and Gas industry? We\'re looking for a detail-oriented and experienced Financial Control and Reporting Specialist to join our client\'s team! This role is perfect for someone who loves numbers, thrives in fast-paced environments, and enjoys ensuring the integrity of financial records. You\'ll play a key role in overseeing the book-closing process and delivering accurate financial reports. If you\'re passionate about accounting, compliance, and making a real impact, this might just be your dream job!Scope of Responsibilities: In this exciting role, you\'ll be at the heart of financial operations, ensuring everything from cash flow management to regulatory compliance runs smoothly. You\'ll have the opportunity to work closely with different departments, contribute to digital initiatives, and support the finance team with your expertise in financial analysis and reporting.Major FunctionsFinancial Control:
Precision and Accuracy: Oversee and manage the financial control processes to ensure that every financial detail is accurate, complete, and timely.
Guardianship: Develop and enforce internal controls and accounting policies to safeguard company assets and ensure compliance with relevant regulations.
Problem-Solver: Regularly review financial transactions and reconciliations, identifying and addressing discrepancies or issues like a detective on a mission.
Book Closing:
Lead the Charge: Take the helm during month-end, quarter-end, and year-end closing processes, ensuring that all financial transactions are recorded accurately and in line with accounting standards.
Team Player: Coordinate with various departments to gather the necessary information and documentation for seamless book closing activities.
Accuracy Maestro: Prepare and review journal entries, account reconciliations, and financial statements to ensure everything is in perfect harmony.
Treasury Management:
Liquidity Guru: Monitor and manage daily cash flow to ensure sufficient liquidity for operational needs and investments.
Insightful Analyst: Prepare and analyze reports on cash positions, forecasts, and investment performance for management review.
Compliance Champion: Ensure compliance with internal policies and regulatory requirements related to treasury activities and financial transactions.
Tech-Savvy Operator: Utilize and manage treasury management systems to streamline processes and enhance reporting accuracy and efficiency.
Financial Reporting:
Report Master: Prepare and present timely and accurate financial reports, including monthly, quarterly, and annual financial statements and performance metrics.
Data Detective: Analyze financial data and trends, providing insights and recommendations for improving financial performance.
Regulation Adherent: Ensure that financial reports comply with regulatory requirements, industry standards, and company policies.
Compliance and Documentation:
Knowledge Keeper: Maintain up-to-date knowledge of accounting standards, regulations, and industry best practices to ensure compliance.
Audit Ally: Assist with internal and external audits by providing necessary documentation and explanations.
Documentation Guru: Develop and maintain comprehensive documentation for financial processes and procedures.
Digital Initiatives and General Support:
Automation Advocate: Drive automation in various routine and ad hoc reporting, leveraging the latest technology to simplify processes.
Support Star: Provide support to the finance team in ad-hoc financial analysis, reporting, and project-based tasks.
Collaborative Partner: Work closely with other departments to facilitate accurate financial reporting and analysis.
Industry Insider: Stay current with industry trends and changes in accounting standards that may impact the company\'s financial reporting
Minimum Professional Experience Required
Qualified CA or ACCA with 6 to 8 years\' experience, preferably in Oil and Gas industry
Should have worked in a supervisory role managing a team of 2-5 people
Trainee from BIG 4 audit firms preferable
Bachelor\'s degree in accounting and
Professional Accounting qualification: CA / ACCA or equivalent qualification
5+ years of experience in financial control, book closing, and reporting, preferably in the Oil and Gas industry.
Strong knowledge of accounting principles, financial reporting, and regulatory compliance.
Proficiency in SAP Modules (such as FICO, MM, PS, BPC) and advanced Excel skills.
Excellent analytical skills with a keen eye for detail and accuracy.
Strong organizational and time-management skills, with the ability to manage multiple tasks and meet deadlines.
Effective communication skills and the ability to work collaboratively with cross-functional teams.
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