Vice President of Accounting & Controls

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Location:

Abu Dhabi

Date posted:

28th October 2018

Employment type:

Permanent

Job reference:

65500-0010701106

Staffing area:

Finance & Accounting


Description

The Company

Robert Half is working with a truly global powerhouse oil & gas company based in the UAE. Due to exceptional growth they are looking to recruit a Vice President of Accounting & Controls.

The Role

Your role will be to manage the development, implementation and effective operation of a group-wide financial governance framework, supported by policies and standard operating procedures covering all aspects of finance in order to improve group-wide financial governance practices and ensure transparency and consistency.

Key Responsibilities

  • Oversees all aspects of the accounting and control functions and ensures that all regulatory financial requirements are complied with, efficiently and effectively.
  • Manages consolidation and integration frameworks and prepares communications.
  • Supervises the submission of monthly/quarterly financial reporting packs from all the business units including certifications of accuracy and absence of fraud.
  • Oversees the information flow and directs the disclosure of contingent liabilities and capital commitments and other notes to the financial statements.
  • Meets all information requirements for reporting to ADX and support COO/CFO with analysis of results.
  • Provides IFRS technical support across the Group.
  • Demonstrates application of IFRS standards and analyses their implications as and when new standards are issued.
  • Manages, directs and coordinates impairment reviews of Plant, Property & Equipment at each reporting period and goodwill annually.
  • Coordinates with legal, treasury and auditors on pro forma financial statements and other financial information for inclusion in the prospectuses for bond/MTN issues.
  • Assists the Portfolio team on accounting matters relating to M&A activity as and when required.
  • Supports integration of new subsidiaries and reviews accounting & systems processes in each new subsidiary.
  • Lays down group accounting policies and ensures compliance by all group companies.
  • Lays down accounting procedures applicable to corporate accounting.
  • Develops and maintains effective relationships with external auditors and other accounting service providers.
  • Provides effective leadership for the corporate accounting team and controllers in all the subsidiaries.
  • Develops a strong team with relevant accounting skills in a climate where the employees will give their best.
  • Monitors transactional accounting of the corporate office (e.g. payroll, expense reimbursement, accounts payable).
  • Responsible for and leads annual and quarterly consolidation and financial reporting
  • Responsible for determining and implementing IFRS compliant accounting policies.
  • Participates with IT and provide leadership on projects affecting accounting and financial reporting.
  • Provide leadership for accurate, efficient and cost effective transaction processing for HQ.
  • Responsible for the maintenance of an effective groupwide financial control environment.
  • Responsible for developing and maintaining the relationship with external auditors
  • Together with VP Planning and MI, responsible for providing financial analysis requested by government entities.
  • Responsible for Group Insurance, ensuring that appropriate policies are in place and insurance risk are managed appropriately
  • Oversees HQ accounts payable function and payment of HQ payroll

The Candidate

  • Accounting qualifications such as ACA, ACCA, CPA
  • At least 15 years of experience working in progressively more complex and senior level roles across finance
  • Knowledge of ERP systems.
  • Experience in working in an international company with subsidiaries in different countries/geographies.

Salary and Benefits

80,000aed - 100,000aed per month plus Benefits



Dubai

Dubai International Financial Centre (DIFC)
Gate Village 1, Level 1, Office Unit 104, P.O. Box 482100
Dubai
+971 (0) 4 382 6700
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