Descrição
We value all our people and their contributions and recognise the benefits we gain from the diversity that exists amongst our teams.
Who We Are Looking For
This role is to form part of the Senior Management Team in Saudi Arabia. Overall responsible for the running of the country Finance Department, encompassing all Saudi Arabian entities established for the Land Business Unit (i.e. SIES, Gulf Drilling, and KCA Deutag Saudi Arabia). Ensuring full integration of all entities into one efficiently managed Finance function operating in full compliance with KCA Deutag Group policies and procedures. Responsible for overseeing all financial processes and systems that are vital for the efficient running of the Country. Establish an effective relationship with the Business Unit Finance and Corporate teams. Ensure accurate financial data and reporting as well as meeting local reporting requirements.
Key Responsibilities
- Management and Financial Reporting
Responsible for ensuring the preparation, accuracy, reliability and timeliness of the financial management information relating to the company/country. They are expected to understand and challenge the business, ensuring that future business changes are planned for. They are required to ensure that the Finance Department meet the reporting timetable/deadlines set by the Corporate Office and local legislation.
They are responsible for ensuring that the systems and procedures in place within the company/country are operating, meet and comply with ‘Corporate Guidelines’. They will form an integral part of the team that will effectively ensure that the Company maximises its income from the operating contracts in that company/country.
- Statutory Reporting
Full knowledge of filing requirements for both local country GAAP and IFRS. Ensuring any differences between the two are understood and accounted for correctly.
- Treasury & Banking
Ensuring treasury, banking, bonds and guarantee matters in country are kept in order and up-to-date. Ensuring full compliance with local banking and custom regulations. Regular correspondence with the Group Treasury team on these matters is vital.
- Budgeting, Forecasting
On an ongoing basis, they will be responsible to ensure challenging and proper budgets and forecasts are produced. This will involve liaising with country teams and BU finance teams where appropriate to ensure deadlines and expectations are met.
- Financial Data & Cash Flow Statement & Debt Management
They are responsible for reviewing and producing financial data / cash flow statements to monitor the financial performance. This will include a weekly cash flow planning which will be monitored by KCA Deutag Corporate and BU team. They will ensure that the various services (drilling, catering, other services / reimbursable) are promptly invoiced and will follow up on a day-to-day basis overdue debts in accordance with the Global Receivables Escalation Policy.
- Staff Management and Development
They have line management responsibility for the local finance function. They are ultimately responsible for the overall planning of activities in each of the finance sections, ensuring that resources are deployed in an efficient and cost-effective basis. They will ensure that the finance department has adequate staffing and resources in place and will review as required to deliver optimum staff efficiency.
- Processes and Systems
They are responsible for the implementation of accounting, financial and reporting processes of both local management and the ‘corporate office’. This will include the use of SAP & BPC locally (finance system) which will be used for both local and corporate reporting.
They are responsible for ensuring that the financial processes and systems used in the country are operating and comply with KCA Deutag Corporate Guidelines. In respect of financial systems (SAP, BPC, TM5, HRB etc.) and processes, they will work with, suggest and support the KCA Deutag BU Controller in this area.
- Balance Sheets
They will ‘own’ and be responsible for all balance sheet items (including trade debtor, creditor etc.), held within all legal entities operating in the country. For the balance sheet accounts and the preparation of the legal entity statutory returns, they will have a responsibility for those entities.
- Tax and Local Returns
They are responsible to ensure that all tax and statutory returns are completed in accordance with all local requirements. They should maintain a working knowledge of taxes within their country. They are responsible for managing the relationship with the local tax authority including tax audits. They will be required to liaise and communicate with the KCA Deutag BU Controller and Group Tax Manager on these matters.
- Audit Liaison
They are required to work with and liaise with the both the external Group and Internal Auditors as appropriate.
- Capex/AFE Process
Take the lead on ensuring the country understands