Financial Reporting Accountant (o&g, Erp, Ifrs, Audit): Dubai

Dubai, United Arab Emirates

Job Description

:NOTE: Please ONLY apply if you have sufficient experience and skills required as per job description below.Job SummaryAssist with the coordination and execution of the external audit process, providing necessary documentation and support during the annual audit process.
Support regional Finance Compliance team with the monitoring of the audit progress against the agreed timetable.
Lead the financial statements preparation process for Middle East entities in accordance with IFRS and NOV accounting policies.
Ensure compliance with all relevant financial regulations and reporting requirements, staying up to date with changes in accounting standards.RESPONSIBILITIES:Assist regional Finance Compliance Manager with coordinating audit engagements throughout the Middle East region
  • assist with aligning the terms and conditions of the engagement letters, ensuring consistency between different jurisdictions
  • ensure the alignment of the audit processes and procedures throughout the region, striving for standardization, automation and efficiency
  • coordinate audit procedures between group and local auditors where applicable
Support regional Finance Compliance Manager with the monitoring of the audit progress against the agreed timetable.
  • organize and attend regular audit progress meetings covering all Middle East jurisdictions
  • prepare weekly status summary, ensuring that the audit plan is being executed efficiently
  • escalate any delays or deviations from the timetable to the regional finance leadership team in a timely manner
Assist with the preparation of the standardized statutory trial balance for multiple business units and legal entities
  • coordinate with various finance teams to gather and validate financial data, eliminating discrepancies and ensuring consistency across reporting entities
  • prepare statutory trial balance and supplementary schedules for the multiple ledgers and legal entities
  • process statutory adjustments arriving from US GAAP to IFRS compliant numbers and disclosures
  • assist with the standardization of the audit packs and reporting templates
Assist with the preparation of the year-end financial statements
  • help with the preparation of the consolidated financial statements for a large trading entity
  • lead the preparation of the statutory financial statements for some of the smaller Middle East entities
  • drive initiatives to enhance automation, standardization, and efficiency in consolidation, reporting, and preparation of year-end financial statements
Support Finance Compliance Manager during the implementation of full IFRS for the UAE entities (applicable FY24)
  • assist with performing an impact assessment with the aim to identify key differences between IFRS for SMEs and full IFRS
  • develop an implementation plan and lead the implementation process for some of the smaller entities
Assist with preparing assessments on highly technical accounting areas such as going concern, impairment of financial and non-financial assets, business combinations under common control, etc.Aid with the implementation and standardization of ESG and climate-related disclosures in the Middle East region (applicable FY25 onwards)BEHAVIORAL SKILLS/COMPETENCIES REQUIRED
  • Strong and evidenced experience of financial reporting, especially meeting technical accounting challenges and managing audit processes
  • Ability to work to deadlines, achieving and exceeding targets and displaying resilience in the process
  • Good knowledge of IFRS reporting and financial reporting standards.
  • Excellent attention to detail and accuracy in financial reporting.
  • Effective communication skills, both written and verbal, with the ability to convey complex financial information to non-finance stakeholders.
  • Self-motivated, organized, and able to work effectively in a fast-paced, deadline-driven environment.
  • Experience with audit support and regulatory compliance is a plus.
  • Strong interest and experience in process improvement and re-engineering
EDUCATIONAL QUALIFICATION & EXPERIENCE REQUIRED:
  • Relevant education in the field of finance, accounting or similar - min. Bachelor.
  • CA, ACCA, CPA or Equivalent Professional Certification
  • Minimum 3-5 years relevant accounting experience (Big 4 and private experience preferred)
  • Exposure to external audits and financial reporting experience
  • Self-motivated
  • Professional
  • Multitasking ability
  • Enthusiastic
  • Takes Ownership and Initiative
  • Adaptable - ability to develop new approaches to solving problems
  • Team player
  • Experience within the Oil and gas industry is a bonus
About Us: Every day, the oil and gas industry\'s best minds put more than 150 years of experience to work to help our customers achieve lasting success.We Power the Industry that Powers the World
Throughout every region in the world and across every area of drilling and production, our family of companies has provided the technical expertise, advanced equipment, and operational support necessary for success-now and in the future.Global Family
We are a global family of thousands of individuals, working as one team to create a lasting impact for ourselves, our customers, and the communities where we live and work.Purposeful Innovation
Through purposeful business innovation, product creation, and service delivery, we are driven to power the industry that powers the world better.Service Above All
This drives us to anticipate our customers\' needs and work with them to deliver the finest products and services on time and on budget.

National Oilwell Varco

Beware of fraud agents! do not pay money to get a job

MNCJobsGulf.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD1726326
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned