Description:
Hiring Financial Planning and Cost Control Team Leader
About the Client:
A leading oil and gas company in UAE.
Job Description:
- Lead the team in preparation of Business Plan and Annual Budget
- Liaise with Budget Responsible Officers (BROs) for the preparation of department-wise Budget templates and consolidate inputs
- Lead the BA in review and update Project Proposals and Initiative Documents to support the Business Plan
- Prepare the 5 Year Work Program inclusive of the Annual Budget based on the data received from the various BROs and their teams
- Prepare mid-year budget revision for all Capex and Non-Routine Opex Expenditure Projects
- Review Authorization for Expenditure (AFE) for Capex/Non-Routine Opex Expenditure projects
- Supervise team to ensure Purchase Requisitions (PRs) are within the approved budget for Routine Expenditure and/or approved AFEs
- Guide the team to manage the Funding Status for contracts that are proposed for Tenders and Contracts Committee approval
- Lead in preparing quarterly forecast and variance analysis of actual against forecast figures and highlight major variances to BROs for budget control, etc.
Qualifications:
- Minimum of 10-15 years of overall experience preferably in the Big4 accounting firm or Oil & Gas upstream or midstream sector or government sector experience is preferable
- Minimum of 5 years of experience in leading and supervising a team
- ACCA /CPA (USA) /ICMA (UK) /CFA is required
- Having experience in dealing with Joint ventures and concession agreements is preferable
- Having experience in using Maximo, Sun System and Vision is preferable