Director Of Finance

Job description / Role

Job Type
Full Time

Job Location
Sharjah, UAE

Nationality
Any Nationality

Salary
Not Specified

Gender
Not Specified

Arabic Fluency
Not Specified

Job Function
Finance, Business Analysis & Consulting

Company Industry
Oil & Gas

Petrofac overview

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the worlds leading energy companies.

We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs. This is an exciting time to join us on this journey.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?

Key responsibilities

• Responsible for month end book closing, internal control effectiveness and COSA compliances, managing external and group reporting audits, ERP implementations and automation initiatives, preparation and managing audits of statutory and tax accounts for all E&C and ETP entities including subsidiaries and joint ventures

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  To lead end to end financial accounting, month end and year end reporting process for the E&C and ETP division in compliance with IFRS and Group policies
• Ensure accurate month end reporting, timely closing of books as per timelines
• Ensure accurate consolidation of financial results of all E&C and ETP projects, subsidiaries and joint ventures
• Oversee preparation of month end / quarter end reports to be provided to various stakeholders
• Ensure adherence to Petrofacs financial governance framework, internal controls, and corporate policies
• Ensure design and operational effectiveness of key financial controls and ensure compliance with COSA reporting requirements
• Manage external audit processes, ensuring timely closure of findings
• Lead compliance with statutory and audit requirements across multiple jurisdictions
• Support implementation of ERP and other IT initiatives of the group including automations
• Prepare financial statements of all legal entities / branches to ensure timely filing of tax returns
• Manage ICV audits as applicable for legal entities
• Partner with Global Business Services team to improve internal controls, processes, automations to achieve efficiency
• Collaborate with other Finance functions e.g. business partnering, FP&A, tax in delivering finance related information for decision making

About the Company

Petrofac is an international provider of facilities solutions to the oil & gas production and processing industries.

Petrofac delivers services through seven business units: Engineering & Construction, Engineering & Construction Ventures, Engineering Services, Offshore Engineering & Operations, Training, Production Solutions and Energy Developments.

Through these businesses, Petrofac designs and builds oil & gas facilities; operates, maintains and manages facilities and trains personnel; enhances production; and, where it can leverage its service capability, develops and co-invests in upstream and infrastructure projects.

Petrofac’s range of services meets its customers’ needs across the full life cycle of oil & gas assets.