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Specialist, Corporate Finance (Financial Reporting)

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  • Posted 8 days ago
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Job Description


JOB PURPOSE:

To prepare, consolidate, and review the Company's financial statements and reports in accordance with International Financial Reporting Standards (IFRS) and applicable regulatory requirements, ensuring accuracy, completeness, and timely disclosure. The role supports the integrity of the Company's financial reporting framework, contributes to statutory and management reporting, and ensures compliance with corporate governance, audit, and stock exchange requirements.

4. KEY ACCOUNTABILITIES:

Job Specific Accountabilities

Financial Reporting & Consolidation

  • Prepare and consolidate the Company's periodic financial statements (monthly, quarterly, and annual) in accordance with IFRS, ensuring accuracy, completeness, and compliance with statutory and regulatory requirements.
  • Support the preparation of consolidated financial statements for the Group, including intercompany eliminations, subsidiary reporting, and consolidation adjustments.
  • Prepare supporting schedules, disclosures, and notes to the financial statements in line with IFRS and disclosure requirements.

Accounting Standards & Compliance

  • Ensure financial reporting is compliant with applicable IFRS, corporate accounting policies, and relevant regulatory and stock exchange (e.g., ADX / SCA) requirements.
  • Monitor developments in IFRS and accounting standards, assess their impact, and support the implementation of new or revised standards.
  • Maintain and update the Company's accounting policies, procedures, and reporting manuals.

Audit & Controls

  • Coordinate with external and internal auditors, providing required schedules, documentation, and explanations to support timely completion of audits.
  • Ensure adequate internal controls over financial reporting are applied and support the resolution of audit findings and recommendations.
  • Support reconciliations and review account balances to ensure integrity and accuracy of the general ledger.

Management & Statutory Reporting

Prepare management reports, analyses, and financial information to support decision-making by Finance leadership and Executive Management.

  • Support the preparation of Board, shareholder, and regulatory reporting materials, including annual reports and disclosures.
  • Provide analysis and commentary on financial performance, variances, and key reporting matters.

Systems & Process Support

  • Support the effective use and enhancement of financial reporting and ERP system to improve efficiency and accuracy of reporting.
  • Contribute to the automation and continuous improvement of financial reporting processes and controls.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

Minimum Qualification

  • Bacheloru2019s degree in accounting, Finance, or a related discipline.A professional accounting qualification (CA, ACCA, CPA, or CMA) is preferred.

Minimum Experience & Knowledge & Skills

  • 8 years of relevant experience in financial reporting, accounting, or external audit, preferably within the oil & gas, energy, or a large corporate/listed environment.
  • Strong working knowledge of IFRS, consolidation, and financial reporting systems, with experience in a Big 4 audit firm considered an advantage.
  • Must have excellent communication and interpersonal skills.
  • Fluency in spoken and written English.
  • Must be computer literate.

More Info

Job Type:
Function:
Employment Type:

About Company

The Abu Dhabi National Oil Company or ADNOC is the state-owned oil company of the United Arab Emirates. It is the world's 12th largest oil company by production. As of 2021, the company has an oil production capacity exceeding 4 million b/d with plans to increase to 5 million bpd by 2030.

Job ID: 152017717

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