Financial Controller – Oil and Gas – Dubai – Arabic Speaker

A great opportunity to join a growing Oil Trading Firm as Senior Financial Controller. This is an Executive Management Role, part of the Executive Committee Managing Director Level.

You will be mainly responsible for the planning, forecasting and budgeting, financial analysis, maintenance of a reliable system of accounting records and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of the company’s reported financial results and ensure compliance with accounting principles and IFRS.

Duties include:

Develop finance policies and procedures.

Monitor the accounting department’s implementation of financial policies & procedures and provides feedback for revisions and improvement of existing processes by implementing strong analysis & audit control patterns.

Implement auditing processes and operations across the business applying the same to the accounting & finance department ensuring accuracy, efficiency, reliability and effectiveness at all times.

Oversees the auditing processes and operations of subsidiary companies/partners especially transaction-processing operations, existing accounting policies and procedures, control systems, highlights audit flaws and issues.

Monitor the accounting department’s implementation of his financial policies & procedures and provides feedback for revisions and improvement of existing processes by implementing strong analysis & audit control patterns.

Maintain a system of controls over accounting transactions and an orderly accounting filing system that he periodically checks.

Investigate on transaction origination, manner of execution, highlights errors/omissions and intervenes where necessary for further analysis.

Introduce financial control systems and ensures audit controls are running smoothly.

Develop budget reports, financial models and cash flow projections, analyses results and creates recommendations for the Management.

Issue timely and complete internal financial audit reports and coordinates the preparation of the corporate annual audit reports with the support of external audit firms. Recommends benchmarks and software systems to improve control quality for the accounting & finance department.

Handle all financial reviews and provides feedback to the CEO

Report on budget spending variances across departments (Operations/Mgt./Trading/Finance/HR/Legal) and highlights significant issues and findings to the Management.

Monitor and analyse audit reports related to capital investments, audits pricing decisions and contract negotiations.

Handle information to external auditors for the annual audits

Monitor debt levels and compliance with debt covenants in collaboration with the Finance Manager and remains accountable for the related reports

Ensure compliance with local, state, government and IFRS reporting requirements and all tax filings to be in place in collaboration with the Finance Manager.

Qualifications

Preferably with a master’s degree in accounting & finance

Certified Public Accountant (CPA) / Chartered Institute of Management Accountants (CIMA)/ Associate/Fellow of Chartered Accountants (ACCA) or CMA

20+ years of experience with at least 10 years working in the

Middle East within a large oil & gas company, Storage Terminal or

maritime related organization, and at least 5 years managing people.

Bilingual English/Arabic to eliminate translation barriers while collaborating with our Iraq

based Teams.

Good English language articulation is mandatory.

Dynamic and modern approach to reporting, preparing and analysing financial statement

and experienced working as a member of a Management Team.

Is based at the Company HQ in Dubai (JLT)

Excellent Project Management and Problem-Solving Skills

Excellent IT skills Microsoft suite , database management, e-mails, internet navigation.