Job Description

JOB PURPOSE:

Manage and coordinate shareholder and concession financial reporting to ensure accuracy,

transparency, and full compliance with ADNOC Accounting Guidelines, IFRS, and contractual agreements. The role supports joint venture financial activities, shareholder communications, budgeting, and performance analysis while ensuring strong financial controls, timely reporting, and effective stakeholder engagement

KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Validate cost optimisation initiatives and value creation across concession activities (Project light, AIDT)

Ensure accuracy, completeness, and integrity of financial data extracted from SAP and related financial systems

Support internal and external audits related to shareholder and joint venture financial reporting.

Handling all communication with Governance Committee’s (BOD,FINCO,TCM,etc)

Prepare and deliver accurate and timely financial reports, cash calls, billing statements, and reconciliations to shareholders and concession partners

Ensure full compliance with ADNOC Accounting Guidelines, IFRS standards, and concession agreements

Coordinate joint venture and shareholder financial activities, acting as a key finance focal point for financial clarifications and reporting matters.

Analyse financial performance, variances, and key cost drivers, providing insights to management and shareholders.

Support budgeting, forecasting, and business planning activities related to concessions and shareholder reporting

Drive improvements in reconciliation quality, reporting efficiency, and cycle times

Participate in finance transformation, automation, and digital reporting initiatives to enhance data quality and transparency

Generic Accountabilities

Management

Plan and supervise the activities of the personnel and resources of the Section to achieve the Department objectives in an efficient and cost-conscious manner while ensuring implementation of approved operational plans for the Section in line with Department objectives.

Develop the knowledge, competencies and innovative spirit in the Section and support the establishment of Personal Development Plans (PDP’s), Succession Planning and Talent pipeline within the Section in coordination with the Human Capability Group to continuously develop employees with emphasis on UAE Nationals to meet Emiratization targets

Budgets and Operational Plans

Compile and provide input for preparation of the Department budgets and regularly monitor expenditure against the approved Section budget levels.

Investigate, highlight and reconcile any significant variances to ensure effective performance and cost control.

Policies, Systems, Processes & Procedures

Lead the implementation of approved Section policies, processes, systems, standards, procedures and internal controls to support execution of the Department work programs in line with Company and International standards.

Performance Management

Implement the Company Performance Management System for individuals within the Section in accordance with Company approved guidelines and continuously monitor the achievement of the Section KPIs related to the approved Annual Performance Management Contract and the Balanced Score Card.

Organization Structure and Development

Review, develop and recommend the appropriate organization structure for the Section that will best utilize human capital while proactively incorporating sustainability into the on-going work practices to meet the business objectives.

Innovation and Continuous Improvement

Encourage innovation, enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations and services.

Propose improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards to define intelligent solutions for issues confronting the Section.

Health, Safety, Environment (HSE) and Sustainability

Support the institution of an HSE culture and ensure compliance with relevant HSE policies, procedures, systems & controls and applicable legislation and sustainability guidelines across the Section in line with international standards, best practices and ADNOC Code of Practices.

Ensure adequate HSE training and induction for all Section employees to meet HSE standards.

Management Information Systems (MIS) and Reports

Prepare all Section MIS and progress reports to provide accurate and timely reports and necessary information for Company Management to effectively manage the business.

COMMUNICATIONS & WORKING RELATIONSHIPS:

Internal

Regular contacts with Division Managers, People Relation Division and shareholder representatives on insurance related matters.

External

Interaction with contractors, consultants, JV partners, auditors, and other external stakeholders as required.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

Minimum Qualification

Bachelor’s Degree in Finance, Accounting, Economics, or Business Administration.

Minimum Experience, Knowledge & Skills

Strong experience in financial reporting, FP&A, cost control, or shareholder / joint venture accounting.

Strong knowledge of IFRS and financial governance frameworks.

Strong analytical, reconciliation, and variance analysis skills.

Proficiency in SAP and financial reporting systems.

Strong communication and stakeholder management capability.

Proficient in English.

Professional Certifications

ACCA, CPA, CA, CMA, CFA (preferred).

IFRS or SAP certification is an advantage.


Job Details

Role Level: Not Applicable Work Type: Full-Time
Country: United Arab Emirates City: Abu Dhabi
Company Website: http://www.adnoc.ae Job Function: Public Relations
Company Industry/
Sector:
Oil and Gas

What We Offer


About the Company

Searching, interviewing and hiring are all part of the professional life. The TALENTMATE Portal idea is to fill and help professionals doing one of them by bringing together the requisites under One Roof. Whether you're hunting for your Next Job Opportunity or Looking for Potential Employers, we're here to lend you a Helping Hand.

Report

Disclaimer: talentmate.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@talentmate.com.


Recent Jobs
View More Jobs
Talentmate Instagram Talentmate Facebook Talentmate YouTube Talentmate LinkedIn