Job Description

Overview: Lead all aspects of technical accounting including International Financial Reporting Standards (IFRS) compliance and providing guidance on implementing new IFRS's and amendments ensuring adherence to standards. Review annual financial statements and disclosures, and advise on accounting treatment for complex commercial transactions, while also supporting the year end statutory audit process to ensure compliance, defend accounting positions and minimize the risk of adverse audit opinions.

Key Job Accountabilities - I

Lead the coordination of the year end Statutory Financial Statements for all group companies, acting as the focal point on all statutory reporting matters with the external auditor, communicating effectively and ensuring compliance with reporting requirements. Oversee the year end information requests for audit and financial statement disclosures, ensuring accuracy and timely reporting.

Advise and provide insights on key financial statement disclosures such as impairment, decommissioning, significant judgements, and liquidity risk to enhance the accuracy, transparency, and compliance of financial reports. Oversee all impact assessments and implementations of new and amended accounting standards, presenting outcomes to all stakeholders to ensure seamless adoption of updated financial reporting guidelines.

Review and further develop the technical accounting arguments to defend accounting positions in front of shareholders, internal and external audit. Ensure working papers are robust and defendable against applicable IFRS standards.

Provide expert insights and effective interpretation on the accounting treatment of complex transactions to comply with IFRS, recommending practical solutions, and presenting conclusions to key stakeholders. Lead comprehensive financial simulations as required to understand impact on bottom line profitability.

Ensure the provision of Finance input into the review, drafting and evaluation of commercial agreements that impact individual joint venture companies. Lead the collaboration with the respective F&P stakeholders to understand system capabilities of accounting for new commercial agreements, identifying gaps, and gaining alignment.

Key Job Accountabilities - II

Deliver internal training to F&P employees on key accounting standards applicable to the company ventures to enhance and sustain the accounting technical competency level within the organization and foster a culture of continuous learning.

Own the company's Accounting Policy Manual, staying informed about current and upcoming IFRS standards and amendments, conducting periodic reviews, and updating as required. Ensure the accounting policy manual is aligned to applicable IFRS accounting standards, conducting post update roll-out sessions.

Manage the accounting watchlist process, evaluating each accounting issue for risk and materiality, recommending appropriate strategies and presenting to finance management for information and decision-making. Lead and collaborate with action owners on simulating financial statement impact and ensure robust defense of accounting methodologies to auditors and shareholders.

Lead the development and maintenance of a standardized methodology for annual financial tests, including impairment modelling, Expected Credit Loss (ECL) modelling, calculation of discount rates used for lease modifications, impairment testing and decommissioning provisioning respectively to ensure that the organization's financial statements accurately reflect the fair value of its assets.

Lead the collaboration with teams across the company to develop and maintain a standardized methodology for sustainability reporting, ensuring compliance with IFRS S1 and IFRS S2.

Qualifications:

Bachelor's degree in accounting.

Internationally recognized professional accounting qualification (CPA, ACA, ACCA, CIMA, etc.) is mandatory.

Knowledge and/or Experience - I

10 years of experience in the oil and gas industry, of which 3 years are in supervisory roles in finance.

Strong commercial knowledge related to the oil and gas industry.

Note: Due to Visa limitations, your application will not be accepted if your nationality is Indian, Egyptian or Indonesian. Exception, if you are already a resident inside Qatar with a valid QID, transfer of sponsorship is possible! If you have valid QID and are Qatar resident, press 'NO' when asked for it.

BH-0819

Requirements:

Where are you located? What's your nationality? What is your notice period; when can you engage this job? Please only apply and press yes if you have read the requirements, education, experience and certifications, and match these. Due to Visa limitations, the application won't be accepted if your nationality is Indian, Egyptian or Indonesian. Are you Indian, Egyptian or Indonesian? (Press 'NO' if resident Qatar and valid QID).