Finance Manager Dubai

About Us

Proserv is a global controls technology company with a heritage stretching back more than 60 years. We provide industry-leading solutions to improve the reliability, optimise the performance and extend the life of critical infrastructure across the energy sector.

Our team not only has the talent and technological expertise to deliver these transformative goals, but day-to-day, we hold to a clear set of FRESH Proserv values that underpins everything we do around the world.

So, if you believe you not only have the skills and know-how needed for this role, and you are a team player; keen to do things the right way; possess an inquisitive and creative mind; prioritise giving top-quality service and you enjoy helping and collaborating with colleagues or clients – then we really want to hear from you.

Key Accountabilities (includes, but not limited to the following)

Monthly Reporting

• Responsible for all month-end closing routines, including necessary Project Accounting processes, and preparation of the monthly reporting pack.
• Monitoring Financial performance
• Lead the preparation and analysis of monthly cost reports, ensuring accuracy and completeness. Provide insights into cost trends, variances, and key drivers for facility expenses
• Engage with site operational teams to produce site revenue flash update by Business Unit and Revenue Stream.
• Perform detailed variance analysis between actual and budgeted/forecasted costs. Provide detailed explanations and recommendations to management on how to address cost overruns or optimize spending.
• Take responsibility for updating facility absorption rates and aligned with global standard process and ensuring fully communicated to all stakeholders
• Balance Sheet Governance
• Ensure full reconciliation of all balance sheet accounts for all assigned legal entities, prior to monthly financial close, with a specific focus on Work-in-progress and Accrued / Deferred income positions.
• Inventory Accounting:
• Management of inventory accounting.
• Coordinate, with the support of Operations, inventory counts ensuring proper performance and reconciliation in accordance with Company policy.
• Ownership and coordination of the E&O process.
• Fixed & Intangible Assets:
• Review of CAPEX requests for compliance with IFRS.
• Coordinate, with the support of Operations, fixed asset counts ensuring proper performance and reconciliation in accordance with Company policy.
• Ensure CAPEX items are properly capitalised in the month of acqusition.
• Management of intercompany reconciliation and confirmation process.
• Recurring Tasks
• Lead cash management and forecasting requirements, liaising with Corporate Treasury to provide information as required.
• Management of local invoicing processes ensuring invoicing is performed accurately and timely, support credit control activities to drive improvement of cash collection and DSO KPI’s.
• Responsible for the end-to-end audit process with local auditors for legal entities under your control.
• Provide direction, guidance and oversight to the finance team under your supervision. Be a strong team leader, mentor and coach to develop finance team members as well as non-finance colleagues.
• Drive continuous improvement and alignment of our Global Business Management System including operational finance processes and internal controls, including documentation of local processes.
• Help drive a consistent global approach to optimise the use and reporting of the existing ERP System (D365) and support the implementation of new systems and tools as directed by management.
• Perform any other delegated responsibilities as instructed by Line Management within the timeframe specified to meet business requirements.
  
  

• Bachelors in Accounting or Finance.
• Qualified Accountant (or time served in a suitable role).
  
  

• Proven track record within a similar controlling / finance management role.
• Ideally prior experience of the Oil & Gas sector or similar industry.
• Proven background in maintaining strong financial processes, risk and governance.
• Effective decision maker with demonstratable analytical and problem-solving skills.
• Ability to identify and implement process improvements.
• Ability to work with minimum supervision and take responsibility for effectiveness of own work.
• Demonstrate good planning and organisational skills, with ability to react quickly to changes in priorities.
• Confident; driven; and ambitious - but a down to earth individual.
• Strong verbal and written skills.
• Excellent ERP experience.
• Strong MS Office skills.