Job Id OEJ0000002302

Associate - Financial Planning

in Sharjah / Kurdistan - Iraq United Arab Emirates

Modified Date:   09th March 2020
Openings:

Experience: 5 Years
Job Category: Commercial/ Financial/ Legal - Account
Education Basic
Job Type Permanent

Other Details

JOB TITLE: Associate - Financial Planning & Analysis

MAJOR FUNCTIONS:

  • Implements and maintains a structured system for data collection, validation, analysis and reporting. Conducts market analysis including research into Oil & Gas entities accounting/business practices. Reports to the Head of Accounts – Kurdistan Operations.

 

ESSENTIAL FUNCTIONS:

Financial/Accounting Operations:

  • Analyzes monthly financial reports, oversees top-level review of general ledgers and the Accounts department GL close process.
  • Supports the development of accounting/financial policies and procedures for on-going projects.
  • Conducts risk analysis studies in addition to setting up systems to protect from fraud, cost control and compliance supervision.
  • Devices monitoring mechanisms for internal control and DOA compliances.
  • Keeps track of/monitor various reporting deadlines from accounts for (e.g. reports to partners and to KRG in order to comply with the agreements).
  • Assists in market research on fundamental reporting guidelines.
  • Assist in companywide sustainability studies
  • Creates various presentations for updates at various forums.
  • Assist in preparation of Budgets and also cashflows
  • Prepares financial modelling and/or financial analytics for management reporting and decision making.

 

Other Functions:

  • Handle document archival policy for the company and suggest improvements
  • Guide on implementing and mentoring the team on various document archival policies and best practices

Reporting and Communication:

  • Reports to the Head of Accounts – Kurdistan Operations on all issues relating to Kurdistan Accounting operations.
  • Liaises with external bodies and representatives (e.g. Kurdish regulatory authorities, external auditors, partner company representatives) as required to ensure that any queries are answered in a prompt and efficient manner.
  • Maintains and exhibits excellent working relationships with all the staff.

Continuous Improvement of Position:

  • Conducts regular studies on Financial/Accounting best practices and techniques particularly within the Oil & Gas industry. Recommends consequent plans and strategies to achieve the company’s growth objectives.
  • Endures development of professional expertise, ideally through achievement of high-level professional qualification or certification.

 

Minimum Educational, Technical Qualifications/Certifications Required:

  • Masters’ degree in Finance (MBA) preferably with Accounting qualification (ACCA or equivalent)

Minimum Professional Experience Required:

  • 4 to 6 years of relevant experience preferably within the Energy Sector
  • CA, CPA, MBA or equivalent

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