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Head of Financial Accounting

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Other > Financial Services

Status: Live

Natural Resources are seeking to recruit on behalf of their client a HEAD OF FINANCIAL ACCOUNTING who will be working on a Residential contract on married or single status based in Qatar

Job Details

Location: Qatar

Working Locations: Office, International

Posted: 15/03/2019 11:58:00

Expires: 12/04/2019 11:58:00

Key Requirements

Purpose
To provide client with the professional accounting and financial support that contributes towards the achievement of the company’s strategic objectives set for international operations. This includes advice and guidance on all aspects of accounting, financial, corporate governance, risk and control matters.

Accountabilities
The incumbent has a key role in the delivery of high financial planning and reporting, management information and business performance appraisal aimed at maximizing client’s financial position. Key responsibilities include:

• Manage preparation of timely, fit for purpose and accurate monthly / quarterly/ annual statutory financial results together with supporting analysis & management information.
• As part of the above, supervise client’s financial & treasury activities ensuring that enough funds are in place to meet operational requirements.
• Manage and coordinate the structure and taxation affairs of the Group.
• Manage relationship with external and internal auditors, including contracting and review of services to meet client’s requirements.
• Develop, implement and maintain fit-for-purpose policies and procedures considering IFRS and other good business practices.
• Ensure client staff are aware and compliant with these requirements.
• Actively liaise with other client teams to facilitate the execution of finance activities.
• Enhance the application and use of SAP, where possible, to maximise benefits to the client
• Recruit, coach and develop direct and indirect reports to develop a professional and motivated Finance team.
• Identify & drive improvement initiatives to reduce duplication and achieve simplification and standardisation, where possible
• Represent client, where applicable with third parties (e.g. banking, insurance companies) to maintain and enhance client’s relationships, visibility and reputation.
Position holder must ensure that statutory financial information and associated activities meets and contributes to client’s business objectives set for international operations.
• Be able to communicate and operate effectively at all levels of the organisation, regardless of seniority, discipline or cultural background.
• Have the ability and experience to develop credible and sustainable relationships with JV representatives and affiliated organisations, oil and gas industry companies, investment banks, third party advisors, suppliers and contractors as part of investment or agreement discussions.
• Be able to analyse and interpret complex financial information and promote appropriate assessment and action
• To deliver professional services in an environment with limited availability of competent finance resources. Develop and maintain a culture to attract and retain staff in a constrained marketplace. Affinity with mentoring and coaching of staff from various cultures in different locations is essential.
• Respect for people and their diversity of backgrounds, ideas and contributions.
• Interpersonal skills and the sensitivity to cultural diversity issues will be a prime requirement for success in this job.
• Ability to establish, operate and maintain robust risk-based controls frameworks in rapidly changing environment poses special challenges on the internal control framework and accounting/reporting.
• The need to deliver, i.e. the “as is”, whilst at the same time anticipate the future, i.e. “to be”, is a constant challenge. The challenge of developing and maintaining controls require competence (confidence / experience) and right leadership behaviours in the team (to challenge / take on the business).

Experience/Qualifications
• Degree in Commerce/Accounting/Finance from an accredited university, professional qualification and membership of a recognised professional body I preferred (such as ACA, CPA, CMA, ACCA)
• Recognised Professional Accountancy qualification
• 10 years post qualification experience gained with reputable industry employers
• Experience/Knowledge of accounting standards and their practical application
• Proven analytical and communication skills
• Experience in ensuring strong business and finance controls
• Knowledge and experience of SAP
• Strong cultural awareness and proven ability to operate, lead and influence in culturally diverse environment
• A ‘can do’ attitude and ability to perform in difficult situations

Job Description

Natural Resources are seeking to recruit on behalf of their client a HEAD OF FINANCIAL ACCOUNTING who will be working on a Residential contract on married or single status based in Qatar

Purpose
To provide client with the professional accounting and financial support that contributes towards the achievement of the company’s strategic objectives set for international operations. This includes advice and guidance on all aspects of accounting, financial, corporate governance, risk and control matters.

Accountabilities
The incumbent has a key role in the delivery of high financial planning and reporting, management information and business performance appraisal aimed at maximizing client’s financial position. Key responsibilities include:

• Manage preparation of timely, fit for purpose and accurate monthly / quarterly/ annual statutory financial results together with supporting analysis & management information.
• As part of the above, supervise client’s financial & treasury activities ensuring that enough funds are in place to meet operational requirements.
• Manage and coordinate the structure and taxation affairs of the Group.
• Manage relationship with external and internal auditors, including contracting and review of services to meet client’s requirements.
• Develop, implement and maintain fit-for-purpose policies and procedures considering IFRS and other good business practices.
• Ensure client staff are aware and compliant with these requirements.
• Actively liaise with other client teams to facilitate the execution of finance activities.
• Enhance the application and use of SAP, where possible, to maximise benefits to the client
• Recruit, coach and develop direct and indirect reports to develop a professional and motivated Finance team.
• Identify & drive improvement initiatives to reduce duplication and achieve simplification and standardisation, where possible
• Represent client, where applicable with third parties (e.g. banking, insurance companies) to maintain and enhance client’s relationships, visibility and reputation.
Position holder must ensure that statutory financial information and associated activities meets and contributes to client’s business objectives set for international operations.
• Be able to communicate and operate effectively at all levels of the organisation, regardless of seniority, discipline or cultural background.
• Have the ability and experience to develop credible and sustainable relationships with JV representatives and affiliated organisations, oil and gas industry companies, investment banks, third party advisors, suppliers and contractors as part of investment or agreement discussions.
• Be able to analyse and interpret complex financial information and promote appropriate assessment and action
• To deliver professional services in an environment with limited availability of competent finance resources. Develop and maintain a culture to attract and retain staff in a constrained marketplace. Affinity with mentoring and coaching of staff from various cultures in different locations is essential.
• Respect for people and their diversity of backgrounds, ideas and contributions.
• Interpersonal skills and the sensitivity to cultural diversity issues will be a prime requirement for success in this job.
• Ability to establish, operate and maintain robust risk-based controls frameworks in rapidly changing environment poses special challenges on the internal control framework and accounting/reporting.
• The need to deliver, i.e. the “as is”, whilst at the same time anticipate the future, i.e. “to be”, is a constant challenge. The challenge of developing and maintaining controls require competence (confidence / experience) and right leadership behaviours in the team (to challenge / take on the business).

Experience/Qualifications
• Degree in Commerce/Accounting/Finance from an accredited university, professional qualification and membership of a recognised professional body I preferred (such as ACA, CPA, CMA, ACCA)
• Recognised Professional Accountancy qualification
• 10 years post qualification experience gained with reputable industry employers
• Experience/Knowledge of accounting standards and their practical application
• Proven analytical and communication skills
• Experience in ensuring strong business and finance controls
• Knowledge and experience of SAP
• Strong cultural awareness and proven ability to operate, lead and influence in culturally diverse environment
• A ‘can do’ attitude and ability to perform in difficult situations

If you wish to be considered for the above position kindly send you’re an updated detailed CV/Resume in Microsoft word format

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    • To ensure the integrity of corporation's Asset Register in SAP:AM module (including its interfaces with other modules) by controlling and guiding all asset related functions such as capitalization, depreciation, physical verification, tagging, write-off impairment, finance leases and CWIP management to ensure accurate reporting of the client assets in the Financial Statements in line with IFRS compliant client Accounting Policy' • To ensure accurate accounting for Inventories including precious metals towards achieving optimization in client's inventory carrying cost. • To ensure financial discipline in 7 client Clubs/Recreation Centres which are managed by client nominated committees • Principal Accountabilities • Controls the integrity of CLIENT Asset Register to maintain the credibility of asset related information incorporated in CLIENT's Financial Statements and Management Reports' • Ensures timely capitalization of assets by regularly monitoring the status of the capital working-progress (CWIP) balances and co-coordinating with projects implementing departments • to avoid understatement of depreciation expenses and overstatement of profitability in CLIENT's Financial Statements. • Controls the write-off activity in respect of assets and inventories and ensures that asset/stock write-offs are finalized within a reasonable timeframe to avoid loss of revenue due to delay. • Controls and monitors the implementation of Physical Verification Program for assets as per finance procedures to ensure consistency between SAP records and physical existence of the • assets' • Ensures inventory practices/policy/procedures are always aligned with IFRS to initiate changes therein as and when required. • Ensures that all inventory related responsibilities are performed well as per relevant procedures towards achieving optimization in CLIENT's inventory carrying cost. • Reviews records for Precious metals and ensures reconciliation with stock statements received from various custodians at home and overseas to ensure representation of correct precious metal (Platinum, Rhenium, and Palladium) value in CLIENT's financial statements • Ensures timely preparation of Depreciation and Finance Lease Interest annual budget and outlook in line with the Budget Guidelines to facilitate timely approval of CLIENT's Annual Budget & Work Program by Management. • Ensures timely issuance of statutory assets/depreciation schedules and finance lease disclosures to facilitate timely preparation and issuance of Financial Statements and Management Report. • Coordinates with State, Extremal and Internal Auditors and conducts discussions on audit queries/observations and provides clarifications to resolve audit issues to ensure unqualified/appropriate audit report. • Ensures financial discipline in 7 CLIENT clubs/Recreation Centres in locations by helping them maintain their books of accounts in proper order and preparing the Financial Statements thereof on a timely manner. • Makes decision with respect to classifying the project at the time of determining the budget type and while classifying the asset before capitalization which have financial implication. • Takes part in consultative decision making with other heads and assistant manager. • Makes timely and accurate analysis of complex data required by the Management for operational and strategic decision making. • Being direct report to the Assistant Manager, authorized to take decision while acting as Assistant Manager upon delegation. Experience/Qualifications • Degree in Accounting/Finance with Professional Qualification such as ACA, • CPA. CMA. ACCA, CIMA etc. is essential. over l5 years of experience with at least 6 years of relevant work experience in a similar position involving Assets and inventory Management, Finance Leases, Financial Accounting, Budgeting and Planning preferably in Oil and Gas Industry. • Expertise in asset inventory accounting and in-depth knowledge of International Financial Reporting Standards (IFRS). • Good interpersonal, problem solving, analytical, communication, coordination, influence and presentation skills. • Good command of English language (verbal and written) and computer systems with expertise in Microsoft applications and good working experience in ERP system is essential • (SAP preferred). • Commitment to maintain confidentiality, integrity, ethics and to adhere to policies & procedures of the Corporation coupled with proactiveness, innovativeness, and readiness to • seek opportunities for continuous improvement • Ability to work effectively in perse, virtual and multi-cultural environments. • Readily available to assimilate information and highly flexible in approach to adjust in changing environment.

    Job Description

    Natural Resources are seeking to recruit on behalf of their client a HEAD, ASSET INVENTORY & CLUB ACCOUNTING who will be working on a Residential contract on married or single status based in Qatar Purpose • To ensure the integrity of corporation's Asset Register in SAP:AM module (including its interfaces with other modules) by controlling and guiding all asset related functions such as capitalization, depreciation, physical verification, tagging, write-off impairment, finance leases and CWIP management to ensure accurate reporting of the client assets in the Financial Statements in line with IFRS compliant client Accounting Policy' • To ensure accurate accounting for Inventories including precious metals towards achieving optimization in client's inventory carrying cost. • To ensure financial discipline in 7 client Clubs/Recreation Centres which are managed by client nominated committees • Principal Accountabilities • Controls the integrity of CLIENT Asset Register to maintain the credibility of asset related information incorporated in CLIENT's Financial Statements and Management Reports' • Ensures timely capitalization of assets by regularly monitoring the status of the capital working-progress (CWIP) balances and co-coordinating with projects implementing departments • to avoid understatement of depreciation expenses and overstatement of profitability in CLIENT's Financial Statements. • Controls the write-off activity in respect of assets and inventories and ensures that asset/stock write-offs are finalized within a reasonable timeframe to avoid loss of revenue due to delay. • Controls and monitors the implementation of Physical Verification Program for assets as per finance procedures to ensure consistency between SAP records and physical existence of the • assets' • Ensures inventory practices/policy/procedures are always aligned with IFRS to initiate changes therein as and when required. • Ensures that all inventory related responsibilities are performed well as per relevant procedures towards achieving optimization in CLIENT's inventory carrying cost. • Reviews records for Precious metals and ensures reconciliation with stock statements received from various custodians at home and overseas to ensure representation of correct precious metal (Platinum, Rhenium, and Palladium) value in CLIENT's financial statements • Ensures timely preparation of Depreciation and Finance Lease Interest annual budget and outlook in line with the Budget Guidelines to facilitate timely approval of CLIENT's Annual Budget & Work Program by Management. • Ensures timely issuance of statutory assets/depreciation schedules and finance lease disclosures to facilitate timely preparation and issuance of Financial Statements and Management Report. • Coordinates with State, Extremal and Internal Auditors and conducts discussions on audit queries/observations and provides clarifications to resolve audit issues to ensure unqualified/appropriate audit report. • Ensures financial discipline in 7 CLIENT clubs/Recreation Centres in locations by helping them maintain their books of accounts in proper order and preparing the Financial Statements thereof on a timely manner. • Makes decision with respect to classifying the project at the time of determining the budget type and while classifying the asset before capitalization which have financial implication. • Takes part in consultative decision making with other heads and assistant manager. • Makes timely and accurate analysis of complex data required by the Management for operational and strategic decision making. • Being direct report to the Assistant Manager, authorized to take decision while acting as Assistant Manager upon delegation. Experience/Qualifications • Degree in Accounting/Finance with Professional Qualification such as ACA, • CPA. CMA. ACCA, CIMA etc. is essential. over l5 years of experience with at least 6 years of relevant work experience in a similar position involving Assets and inventory Management, Finance Leases, Financial Accounting, Budgeting and Planning preferably in Oil and Gas Industry. • Expertise in asset inventory accounting and in-depth knowledge of International Financial Reporting Standards (IFRS). • Good interpersonal, problem solving, analytical, communication, coordination, influence and presentation skills. • Good command of English language (verbal and written) and computer systems with expertise in Microsoft applications and good working experience in ERP system is essential • (SAP preferred). • Commitment to maintain confidentiality, integrity, ethics and to adhere to policies & procedures of the Corporation coupled with proactiveness, innovativeness, and readiness to • seek opportunities for continuous improvement • Ability to work effectively in perse, virtual and multi-cultural environments. • Readily available to assimilate information and highly flexible in approach to adjust in changing environment. If you wish to be considered for the above position kindly send you’re an updated detailed CV/Resume in Microsoft word format

    Type: Long Term Contract / Office, InternationalSalary: Not stated

    Natural Resources are seeking to recruit on behalf of their client a HEAD, ASSET INVENTORY & CLUB ACCOUNTING who will be working on a Residential contract on married or single status based in Qatar

    Posted: Mon 18 Mar at 13:44       Expires: Mon 15 Apr at 13:44

  • LiveAssistant Manager Financial Accounting & Consolidation

    QatarOther > Financial Services

    Key Requirements

    Manage, administer and ensure that all activities related to client Financial Statements and Statutory Report are condition and accounted with full compliance of the International Financial Report Standards (IFRS) to ensure integrity of Asset Master Records, accounting of inventory and client Clubs/Recreation Centres financial disciplines Accountabilities • Review periodically the adequacy of financial controls, accounting policies and practices, recording and reporting; and introduce changes and improvements to meet international standards. • Direct and supervise the efficient and accurate maintenance of the General Ledger, the year-end closing of the Books of Accounts and the timely and accurate preparation of statutory accounts and associated information • Approve on a quarterly basis the reconciled of all General Ledger accounts and direct action require • Direct the preparation of client’s group consolidated financial statements related reports and cash flow projects to ensure the timely production and publication of client’s annual consolidated financial statements. • Manage internal audit, state audit and external audit activities and manage reporting from client’s subsidiaries , associates, joint ventures and joint operations • Manage and control the preparation of standalone financial statements of SPV and its subsidiaries Experience/Qualifications • Degree in Commerce/Accounting/Finance from an accredited university, professional qualification and membership of a recognised professional body I preferred (such as ACA, CPA, CMA, ACCA) • 15 years plus experience preferably with at least 8 years in supervisory position with relevant work experience in a similar position preferably in Oil/Gas industry • Expertise in financial accounting, due diligence and consolidation with good knowledge of international financial reporting standards • Good command of English and Arabic is essential • Knowledge in Microsoft applications and good working experience in integrated database systems (SAP preferred)

    Job Description

    Natural Resources are seeking to recruit on behalf of their client an ASSISTANT MANAGER FINANCIAL ACCOUNTING & CONSOLIDATION who will be working on a Residential contract on married or single status based in Qatar Purpose Manage, administer and ensure that all activities related to client Financial Statements and Statutory Report are condition and accounted with full compliance of the International Financial Report Standards (IFRS) to ensure integrity of Asset Master Records, accounting of inventory and client Clubs/Recreation Centres financial disciplines Accountabilities • Review periodically the adequacy of financial controls, accounting policies and practices, recording and reporting; and introduce changes and improvements to meet international standards. • Direct and supervise the efficient and accurate maintenance of the General Ledger, the year-end closing of the Books of Accounts and the timely and accurate preparation of statutory accounts and associated information • Approve on a quarterly basis the reconciled of all General Ledger accounts and direct action require • Direct the preparation of client’s group consolidated financial statements related reports and cash flow projects to ensure the timely production and publication of client’s annual consolidated financial statements. • Manage internal audit, state audit and external audit activities and manage reporting from client’s subsidiaries , associates, joint ventures and joint operations • Manage and control the preparation of standalone financial statements of SPV and its subsidiaries Experience/Qualifications • Degree in Commerce/Accounting/Finance from an accredited university, professional qualification and membership of a recognised professional body I preferred (such as ACA, CPA, CMA, ACCA) • 15 years plus experience preferably with at least 8 years in supervisory position with relevant work experience in a similar position preferably in Oil/Gas industry • Expertise in financial accounting, due diligence and consolidation with good knowledge of international financial reporting standards • Good command of English and Arabic is essential • Knowledge in Microsoft applications and good working experience in integrated database systems (SAP preferred) If you wish to be considered for the above position kindly send you’re an updated detailed CV/Resume in Microsoft word format

    Type: Long Term Contract / Office, InternationalSalary: Not stated

    Natural Resources are seeking to recruit on behalf of their client an ASSISTANT MANAGER FINANCIAL ACCOUNTING & CONSOLIDATION who will be working on a Residential contract on married or single status based in Qatar

    Posted: Mon 18 Mar at 13:43       Expires: Mon 15 Apr at 13:43

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