Controller, Finance (Subsidiaries & JVs)

About Company

We are a global energy maritime logistics leader with a world-class asset base. We are the dedicated and vital logistics arm for ADNOC Group, providing mission critical and highly specialized services across ADNOC’s entire value chain. We also provide market-leading, cost-competitive maritime and logistics solutions to over 100 global customers and ship to more than 50 countries across the world.

As a global energy maritime logistics leader and the dedicated and vital logistics arm for ADNOC Group, we are driven to set the highest standards in shipping and maritime operations, pushing boundaries and pioneering new frontiers in sustainability. We are committed to delivering world-class solutions that are innovative and efficient, while always putting safety first

JOB PURPOSE:

This role is pivotal in ensuring the financial health and compliance of subsidiary companies and joint ventures. The Controller for Subsidiaries & JVs is responsible for managing and overseeing the financial operations of subsidiary & JV companies. This role involves ensuring accurate financial reporting, maintaining compliance with accounting standards, and providing financial insights to support strategic decision-making.

Ensure integrity of Financial Statements of respective business units and ADNOC L&S.

 KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Financial Reporting

• Manage and oversee the financial operations of subsidiaries and joint ventures, ensuring accurate and timely financial reporting.

• Consolidate financial statements of subsidiaries and JVs with the parent company’s financials.
• Ensures the accuracy of financial statements of the company for submission to the Management

• Ensures timely preparation and issue of periodic detailed financial reports, such as analysis of various accounts to Financial Reporting Department.

• Analyze financial data to identify trends, variances, and opportunities for improvement.
• Ensure compliance with local and international accounting standards, tax regulations, and company policies

• Lead and mentor the finance teams within subsidiaries and JVs, fostering a culture of continuous improvement

Budgeting and 5 Year Business plan:

• Lead the budgeting and forecasting processes for subsidiaries and JVs, providing financial analysis and insights.
• Review budgets and financial forecasts for subsidiary & JV companies.
• Coordinating with the management reporting team for budget and 5 year plan and attend budget related meetings

• Identify significant variances and deviations from approved budgets

Chart of Accounts:

• Controls and reviews chart of accounts. Assures all users awareness of company chart of accounts and methodology of cost coding and allocation.

Financial Records & Agreements:

• Maintains all accounting and financial records relating to General Accounts.
• Maintains records of audited financial statements, audit reports and working files.