Accounting Head

Job Description : ACCOUNTING HEAD DUBAI a very well known and prestigious upstream Oil & Gas organisation, based in the UAE, with operations across the Middle East. Job Description Reporting to the Director of Accounting & Reporting, the Head of Accounting is responsible for; Accounting Policies, Systems, Processes and Procedures · Formulates and contributes to the development of Accounting policies, systems, processes and procedures. · Recommends procedures and work instructions covering specific Accounting/Financial processes in light of overall Finance policy and regulatory requirements to ensure that all activities are carried out in a controlled manner. Procedural Compliance · Maintains an on-going awareness of statutory and legal necessities by ensuring that these are communicated to all relevant employees so that the company fulfils its statutory requirements. · Ensures the conformity of data in order to meet the requirements of external representatives such as regulatory authorities, external auditors and partner company representatives. Financial Accounting · Analyses and evaluates the economic stability of the business by providing essential financial information (e.g. reports highlighting costs, productivity and expenditures). · Oversees the productions of key financial reports and statements according to defined schedules to ensure the provision of accurate, timely financial information to assist management decision - making. · Provides guidance and recommendations as required to allow the realisation of cost saving or efficiency enhancing opportunities. · Reconciles financial data according to stated schedules so that the company remains aware of its financial position on an on-going basis and statutory reports can be produced within internal and legislative time limits. Projects Accounting · Prepares monthly financial projects report including projects balance sheets, profit and loss on any discrepancies, budget control and reconciliations. · Presents financial data and reports for each project, including projects budget, monthly finance reports, authorisation for expenditure 'AFE's' drafting, financial statements and any other related information. · Originates joint venture accounting activities including Accounting matters related to budgets, AFE'S billings, cash calls, audits and audit queries in line with the applicable contract. · Submits routine financial information after necessary approval to the legislative authorities such as - provisional trading statements, quarterly financial statements and royalty payment. · Recommends effective preventative and detective financial controls and internal compliance processes to ensure financial and receivable activities are conducted in line with Generally Accepted Accounting principles. Payroll Operational Activity · Directs the daily payroll operations by ensuring that all payroll transactions and reports are processed and completed according to generally accepted Accounting principles. External Audit Compliance · Coordinates completion of internal and annual statutory audits as per agreed schedules so that the company meets its statutory obligations and financial risk is minimised. Subordinates Management · Organises and supervises the activities and work of subordinates to ensure that all work within a specific area of financial management is carried out in a manner consistent with operating procedures and policy. Reporting and Communication · Liaises with external bodies and representatives (e.g. 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 colleagues. The Successful Applicant The successful candidate will demonstrate; · A minimum of 10 years accounting & finance experience, with a minimum of 5 years experience experience gained in an oil & gas organisation. · A professional accounting qualification (ACCA, CIMA, ACA, CA, CPA, etc.) · Excellent organisational & planning skills. · Excellent communication skills (both written & verbal) in English. Arabic language skills would be an added benefit. · Strong time management skills. · Strong decision making & problem solving skills. · The ability to be a team player and work collaboratively with a diverse group of colleagues, including across functions.

---