Finance Manager - Drilling / Oil & Gas Industry

Job Title: Finance Manager

Company: Oil & Gas Drilling Equipment Manufacturing Industry based in Dubai (UAE)

Responsibilities:

• Overseeing the accounting department, developing financial strategies, making investment decisions & analysis, supporting company leadership with strategic planning, and ensuring compliance with state and federal financial regulations.
• Assist CFO in implementation of internal control policies, guidelines, and procedures for budget administration, cash/credit management, finance, and accounting.
• Maintaining tight credit control and receivables management through direct interaction with customers.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management, business activity reports, financial position forecasts, annual budgets, and reports required by regulatory agencies.
• Responsible for financial planning, forecasting, P&L analysis, and preparing business & financial risk ratios.
• Perform cash flow forecasting, budgeting, cost control, job costing, machines utilization analysis, and work closely with the operations and project teams.
• Develop and maintain internal control and effective accounting systems and policies.
• Analyze costs, pricing, variable contributions, sales results, and the company’s actual performance compared to business plans.
• Review all areas of accounting including payroll, assets, inventory, accounts receivable, payable, reporting, audit, and compliance.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting.
• Coordinate company accounts/financial audits.
• Supervise and control cash, cheques, deposits, and communicate with banks.
• Supervise financial impact in buying, selling, and distributing materials, equipment, machinery, supplies, consumables, and major capital items.
• Coordinate the setup of lease agreements and manage agreements thereafter.
• Maintain good working relationships with suppliers & customers.
• Review purchase orders, claims, and contracts, controlling the requisitions process.
• Review annual employee performance appraisals.
• Handle employee requests regarding human resources issues, rules, and regulations, and provide support to HR.

Desired Candidate Profile:

• Bachelor's degree in Accounting, Finance, or Business Administration.
• Strong experience with Microsoft Excel, Word, PowerPoint, and familiarity with accounting software packages.
• Strong attention to detail and confidentiality, with strong interpersonal, communication, and presentation skills.
• Proven work experience as a finance manager.
• A solid understanding of financial analysis and accounting principles.
• Experience in Oil & Gas will be considered a plus.

Job Types: Full-time, Permanent, Contract

Experience:

• Finance Manager: 5 years (Required)
• Oil & Gas Manufacturing Industry: 5 years (Required)
• LC/Bank Facilities: 5 years (Required)
• Financial Planning Forecasting: 5 years (Required)

License/Certification:

• CMA/CPA (Required)
• Tax / VAT Expertise - UAE Law (Required)