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Description:
One of our clients a leading independent Oil Refinery and Storage
Company is looking for a Financial Controller in Dubai.
Job Location: Business Bay, Dubai
Education: Bachelor’s degree mandatory
Availability to Join: Immediately
Experience in US GAAP and IFRS mandatory. Experience of working with a listed company preferred.
Job Purpose:
The Financial Controller is responsible for the efforts and results of the financial department. Reporting to the Chief Financial Officer (CFO) in regards to all financial and accounting activities. Overseeing financial department staff in day-to-day operations.
Job tasks:
Responsible for initiating, directing and assisting in the preparation, monitoring and management of both operating and capital budgets, and the multi-year financial forecast for all budgeted funds.
Reviews and authorizes the transactions to the General Ledger (GL)
Monitors budget and financial reports and completes detailed account analysis for irregularities, account limits, research problem areas for resolution, ensure fiscal goals set by management are being met.
Supervising relations with suppliers and purchasers, VAT compliance, outsourced payroll, and credit control
Monitor and control expenses within allotted project budget
Designs, develops and implements systems and procedures for projecting, monitoring and analyzing budgetary expenditures
Reform financial forecasting, reporting and operational metrics tracking
Responsible for analyzing financial data and creating financial models for decision support
Evaluate M&A opportunities in terms of risk return analysis
Developing financial strategy, including risk minimization plans and opportunity forecasting
Assist CFO in short term and long-term loan repayment
Liaise with internal and external auditors to manage annual and interim audit process
Prepares finance related documents for meetings as and when required