Cost Controller and Accountant

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Total Energies
Dubai
AED 50,000 - 200,000
Be among the first applicants.
3 days ago
Job description

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management), Bachelor of Arts

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Candidate Profile

Knowledge: Strong accounting background & computer literate. IFRS understanding and ERP knowledge

Skills:

  • Highly proactive and self-motivated.
  • Team player, strong ethics and integrity.
  • Strong organizational and analytical skills.
  • Strong verbal and written communication skills.
  • Strong interpersonal skills.
  • Ability to multi-task, work under pressure and respect deadlines.
  • Proficient with Excel, PowerPoint.

Education: ACCA/ CPA / CA / CIMA/ Accounting Qualification/ Equivalent Degree in accounting or finance

Experience: At least 3-5 years of experience in finance or related function, preferably within the power industry or other similar renewable industry.

Activities

Reporting and Monthly Financials:
  • Work and assist on preparation of monthly financials for reporting in line with IFRS rules and local/ applicable regulations. Coordinate with shared service centre (SSC) for monthly closing of books.
  • Conduct monthly detailed analysis of Profit and Loss and Balance Sheet accounts. Review information in MBC for monthly reporting.
  • Prepare and review accounts reconciliations, including all bank and petty cash reconciliations.
  • Prepare and review cashflow statement prepared by SSC.
  • Review monthly VAT and Withholding tax computations.
  • Prepare and review general ledger transactions, accruals to be posted and journal vouchers to be posted. Suggest JVs for specific costs/ accruals to SSC.
  • Maintain tracker for all project and other costs to ensure costs are maintained within budget and analyse reasons for deviation. Prepare dashboard for analysis.
  • Ensure correct accounting of expenses and revenue for monthly and annual reporting.
  • Prepare and update as and when required the finance and accounting policies and procedures for the company.

Lenders and Bank accounts:
  • Assist in maintaining proper bank accounts and use the accounts as per financing agreement.
  • Prepare treasury forecasts for placing cash calls to the lenders and shareholders.
  • Maintain right flow of information with the lenders.
  • Ensure the monthly, quarterly and yearly covenants compliance in accordance with the Loan/ financing agreements.
  • Respond to inquiries from CFO, Shareholders, Lenders and other department managers regarding financial results, special reporting requests and other ad hoc inquiries and tasks.
  • Review Bank reconciliation for both Hold Co. and Branch.

Audit:
  • Assist in audit related tasks for annual audit. Coordinate with auditors and provide requested information.
  • Liaison with auditors for finalization of financial statements.
  • Coordinate for statutory accounts of the companies in accordance with the requirements of all applicable Laws and IFRS and manage the Independent Auditors.

Costs Monitoring:
  • Compare invoices and cost with contracts to ensure correct invoices are received and paid.
  • Monitor and follow up with SSC on status of payments to vendors.
  • Maintain tracker for all project and other costs to ensure costs are maintained within budget and analyse reasons for deviation. Prepare dashboard for analysis. Prepare and present actuals v/s budget report to management.
  • Prepare reconciliation for all payments made during the month.
  • Prepare actuals v/s budget report for costs incurred.

Budget and LTP process:
  • Assist in annual Budget related work and long-term planning by TTE.
  • Collate information required from different functions for adequate budgeting.
  • Assist in hypothesis and template to be prepared for budget and long-term plan.

Others:
Ad hoc tasks as and when needed by management.

Context & Environment

Internal: Interaction with different teams and management.
External: Interaction with auditors, authorities, banks, lenders, shareholders.
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