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
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Validate cost optimisation initiatives and value creation across concession activities (Project light, AIDT)
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Ensure accuracy, completeness, and integrity of financial data extracted from SAP and related financial systems
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Support internal and external audits related to shareholder and joint venture financial reporting.
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Handling all communication with Governance Committee's (BOD,FINCO,TCM,etc)
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Prepare and deliver accurate and timely financial reports, cash calls, billing statements, and reconciliations to shareholders and concession partners
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Ensure full compliance with ADNOC Accounting Guidelines, IFRS standards, and concession agreements
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Coordinate joint venture and shareholder financial activities, acting as a key finance focal point for financial clarifications and reporting matters.
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Analyse financial performance, variances, and key cost drivers, providing insights to management and shareholders.
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Support budgeting, forecasting, and business planning activities related to concessions and shareholder reporting
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Drive improvements in reconciliation quality, reporting efficiency, and cycle times
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Participate in finance transformation, automation, and digital reporting initiatives to enhance data quality and transparency
Generic Accountabilities
Management
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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.
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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
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Compile and provide input for preparation of the Department budgets and regularly monitor expenditure against the approved Section budget levels.
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Investigate, highlight and reconcile any significant variances to ensure effective performance and cost control.
Policies, Systems, Processes & Procedures
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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
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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
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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
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Encourage innovation, enhance employee motivation and support initiatives for implementation of Change Management to continuously improve operations and services.
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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
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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.
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Ensure adequate HSE training and induction for all Section employees to meet HSE standards.
Management Information Systems (MIS) and Reports
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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
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Regular contacts with Division Managers, People Relation Division and shareholder representatives on insurance related matters.
External
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Interaction with contractors, consultants, JV partners, auditors, and other external stakeholders as required.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:
Minimum Qualification
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Bachelor's Degree in Finance, Accounting, Economics, or Business Administration.
Minimum Experience, Knowledge & Skills
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Strong experience in financial reporting, FP&A, cost control, or shareholder / joint venture accounting.
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Strong knowledge of IFRS and financial governance frameworks.
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Strong analytical, reconciliation, and variance analysis skills.
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Proficiency in SAP and financial reporting systems.
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Strong communication and stakeholder management capability.
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Proficient in English.
Professional Certifications
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ACCA, CPA, CA, CMA, CFA (preferred).
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IFRS or SAP certification is an advantage.