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Head of Finance

06 July 2018


Summary Description:

The Head of Finance shall be responsible for all financial activities of the company including: budgeting/cost control, accounting, auditing, taxation, feasibility studies for new countries, reporting and statutory compliances.




Overall Management

· Overall responsibility and overseeing all finance functions

· Ensure financial planning and reporting systems

· Ensure company's compliance in statutory matters

· Ensure adherence to established procedures and policies

· Assume responsibility as signatory to project and treasury bank accounts

Policies and Procedures

· Formulate, review and guide policies and procedures for the Finance, Human Resources and IT Departments

· Ensure adherence to Finance Departments' policies and procedures

Financial Planning

· Oversee the annual budgeting process of the company

· Oversee and guide the Vice President Treasury in funds planning (short term and long-term)



Fund Management

· Ensure adequate availability of funds for the company

· Monitor and review investment portfolio of the company

· Monitor and review borrowings of the company (monitor the cost / availability)

Accounting and Book Keeping

· Ensure accuracy in preparation and reporting of financial statements

· Oversee timely completion of financial statements and related disclosures

· Ensure reporting is in accordance with regulatory/credit agreement requirements

· Ensure compliance with all statutory requirements

· Interact with tax experts and provide inputs on tax planning

Track & Report Performance (MIS and Budgetary Control)

· Preparation of budgets and periodic reviews thereof

· Track project progress, project cash flow and the working capital utilization

· Ensure that financial reporting, internal and external, is completed according to corporate guidelines, as per prescribed formats (MIS)

· Oversee and guide modifications in MIS reports

Self Development

· Attend seminars/training programs to keep abreast of the latest policies/trends in economy and technology

· Build expertise in financial restructuring, treasury, and capital markets


· Ensure compliance with recommendations set through the internal/external auditors

Qualifications, Experiences & Skills,


· Bachelor's Degree and a qualified Chartered Accountant

· 20-25 years Finance Management experience, including 3-5 years of senior level responsibility

· Exceptional hands on functional expertise

· Broad sourcing and purchasing knowledge

· Proven analytical ability

· Solid understanding of impact on business decisions

· Proven leadership and problem solving skills

· Solid record of delivering results


· Demonstrated ability to boldly present strategic plans and gain support from company Executives.

· Strong ability to collaborate, influence, and stand up to business leaders in order to move plans forward.

· Proven success in cost savings for organizations in order to fund growth initiatives.

· Strong understanding of company strategy, senior management, & what motivates them.

About Petroplan:

Petroplan is a global organisation which specialises in connecting skilled professionals with exceptional contract and permanent career opportunities throughout the oil, gas and energy industry. This has been our focus since Petroplan was formed in 1976.

Our company aim isn't to be the largest industry recruitment specialist but rather the best. As such, our recruitment services, contractor management and specialised support is tailored to meet the individual needs of candidates, contractors and clients. Petroplan's local offices across Europe, the Middle East, North America, Asia-Pacific, Africa and Australasia support projects throughout forty countries. Our client portfolio includes multi-national companies, together with niche organisations focusing on a specialist discipline or location.

For more information please feel free to visit our website