We need a Manager, Accounts, KRI Operations
Date: 9 Jul 2025
Location: Sharjah, AE
Department: Support Services
Job Description:
MAJOR FUNCTIONS
Managing the development and implementation of accounting policies, systems and procedures for KRI and affiliated companies. Reconciles accounts and prepares Accounting/Financial reports while ensuring adherence to all relevant internal and statutory controls. Carries out financial Auditing procedures when required.
ESSENTIAL FUNCTIONS
Financial Control:
- Oversee and manage the financial control processes to ensure accuracy, completeness, and timeliness of financial data (Budget Vs Actuals, review of AFEs etc.)
- Develop and enforce internal controls and accounting policies to safeguard company assets and ensure compliance with relevant regulations.
- Participate in the development and monitoring of work program and budgets for Operations/Project Development Activities
Book Closing:
- Perform regular reviews of financial transactions and reconciliations to identify and address discrepancies or issues.
- Coordinate with various departments to gather necessary information and documentation for book closing activities.
- Lead the month-end, quarter-end, and year-end closing processes, ensuring all financial transactions are recorded accurately and in accordance with accounting standards.
Treasury Management:
- KRI based cash Flow Management: Monitor and manage daily cash flows in KRI to ensure sufficient liquidity for operational needs and investments.
- Compliance and Controls: Ensure compliance with internal policies and regulatory requirements related to treasury activities and financial transactions.
Payroll Management:
- Manage and lead the payroll processing for Credan to ensure that all payroll transactions and reports are processed and completed according to generally accepted accounting principles.
- Ensure monthly payroll reporting to Head Office
- Ensure local governmental compliance on payroll matters (submission of quarterly PIT/other returns etc.)
- Work with HR and payroll teams in KRI and HO on all payroll matters to bring in additional efficiencies in reporting
Financial Reporting (Management Reporting and Financial Statements):
- Analyze financial data and trends to provide insights and recommendations for financial performance improvement.
- Ensure that financial reports comply with regulatory requirements, industry standards, and company policies.
- Prepare and finalize financial statements of local entities in accordance with local laws and accounting standards (including handling the audit of the financial statements)
Audits (Statutory/Government/Partner): Lead and manage the audit process:
- Ensure timely completion of audits of financial statement of local books and compliance on financial matters in line with local requirements.
- Government and Partner audits: Compilation of all audit requests, coordinating with various internal stakeholders, closing out queries with auditors, review and finalization of responses and submissions to auditors on Info Requests/Reports etc.
Digital initiatives and General Support:
- Driving the automation in various routine and adhoc reporting (using latest technology)
- Provide support to the Head Office team in ad-hoc financial analysis, reporting, and project-based tasks.
- Collaborate with other departments to facilitate accurate financial reporting and analysis.
- Stay current with industry trends and changes in accounting standards that may impact the company's financial reporting
Reporting and Communication
- Reports to the Director, Accounting & Reporting on all Accounting/Financial reporting and analysis issues.
- Liaises with relevant departments such as Supply Chain, Projects & Drilling (on budgets, contracts, other matters)
- Liaises with external bodies and representatives (e.g. Kurdish regulatory authorities & external auditors) to ensure ease and compliance on all accounting/financial matters.
Continuous Improvement of Position
Conducts regular research on Accounting/Financial best practices and recommends subsequent strategies and plans to improve accounting operating functions.
Minimum Professional Experience Required
- 8 to 10 years of relevant accounting experience, preferably within a multinational firm
- Experience in a similar industry or field is a plus
- Bachelor’s degree in accounting and or/Finance
- Professional certification CA OR ACCA
- S4/Hana (Preferable)
- PowerBI (will be a plus)
DETAILS TO REGISTER FOR THIS JOB:
NOTE: ATS-compliant CV is MANDATORY!
NOTE: ATS-compliant CV is MANDATORY!
https://careers.crescent.ae/CrescentPetroleum/job/Sharjah-Manager%2C-Accounts%2C-KRI-Operations/824755802/?jobPipeline=Indeed
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