Prepare financial and management reports, ensuring Downstream's financials are timely and of high quality.
Manage global financial planning and quarterly forecasts processes.
Participate in consolidating and reconciling financial figures reported to executive management for finalizing business line financial reports at actual and planning events.
Conduct monthly and quarterly financial statement analytical reviews at the business unit level.
Assess and evaluate the organization's financial performance, providing insights and recommendations for short-term operational goals and long-term strategy, budgets, and forecasts.
Conduct cash flow analysis and determine required financial tools (e.g., loans, hedge, leasing) to allocate resources accordingly.
Develop financial statements for product and regional segments.
Liaise with various stakeholders including Treasury, Accounting Policy, Tax, Pricing, Financial Accounting, External Reporting, Enterprise Risk, Audit, and Affiliates Support for Downstream (DS) business objectives.
Establish and maintain reconciliation controls on balance sheet accounts.
Assist in budget development cycles, monitoring and allocating budgets in coordination with business and Finance.
Coordinate resolution of audit exceptions for internal and external auditing.
Provide advice to Downstream Finance community on technical accounting issues.
Identify and implement preventative and detective controls on key financial processes.
Ensure timely and accurate recognition of provisions related to environmental remediation, legal, and asset retirement obligations.
Oversee implementation of cost-effective internal controls for results-oriented management, assess adequacy of DS internal controls, identify needed improvements, and take corrective action; report annually on internal controls through management assurance statements.
Support business development activities including capital projects and upgrades.
Support business systems architecture and ERP for financial functions initiatives.
Develop, build, and review full financial models for corporate finance transactions (e.g., M&A, due diligence, impairment testing, tax-related activities) and conduct valuation analyses using appropriate methodologies.
Disclaimer: Drjobs.ae is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.