ENGIE is global leading energy company that develops its businesses Power, Natural Gas, Energy Services around a model based on responsible growth to take on the challenges of the transition to a low-carbon economy : security of supply, the rational use of resources, access to sustainable energy and climate change.
The Group provides governments, communities, cities and businesses with efficient and innovative solutions based on its expertise in four key sectors : independent power development, renewable energy, liquefied natural gas and energy efficiency services.
ENGIE’s Business Unit for the Middle East, South & Central Asia and Turkey (MESCAT) headquartered in Dubai, has activities in large scale power generation and water desalination, gas retail & distribution, LNG and energy services for BB customers.
Leveraging on its strong positions, the BU is developing its presence in renewable energies, in the gas value chain and in energy efficiency services.
The CFO is responsible for all the Financial activities and transactions of the Company in terms of compliance, reporting and auditing.
The CFO will report to the CEO of the Company and will closely interact with the Company’s shareholders to benefit from their long experience of sizeable and well diversified portfolio, huge pool of resources & expertise in related fields and strong presence in the Middle East, Africa and South Asia.
Key Roles and Responsibilities
Financial performance management :
Monitor short and long-term financial performance of the company through tracking of key performance indicators operational and financial and benchmarking with the investment base case
Prepare, monitor, and update the periodic project budget and long-term business plan
Monitor and manage key financial risks
Make suggestions to the management for financial performance improvement
Manage the various Facility Agreements with the Global Facility Agent and maintain relationship with the lenders
Responsible for the cash management of the company including working capital facility, cash deposits, cash collection, etc...
Establish sound framework of financing policies & procedures.
Ensure relevant financial reporting to the management, the shareholders, and the lenders
Ensure reporting to shareholders as per the shareholders’ processes, systems, and tools
Tax and accounting :
Responsible for the accounting of the company
Preparation of the financial statements under local GAAP (statutory) and under IFRS
Ensure sound accounting processes and policies are in place
Prepare and file tax records.
Internal control :
Ensure all processes in the company are internal control compliant
Implement, follow up and renew insurance policies with the help of the shareholders insurance experts and maintain relations with insurers and insurance broker.
Implement and keep in good working condition the IT network and coordinate with external service providers.
Undertake the role of Company Secretary with the help of local counsel.
Assist in procurement and HR / Admin function
University degree, MBA and / or CPA / Qualified Chartered Accountant is a plus.
Fluent in writing and speaking English.
Solid bases in project finance, accountancy and consolidation and good notions of company and tax laws.
Experience in Kuwait is an advantage.
Ability to manage tight deadlines and punctual heavy workload.
Strong interpersonal skills, excellent communication, and reporting capability. Self-directing, ability to coordinate and direct others. Hands on.
Knowledge of financial, tax and legal matters in Kuwait is a plus.
Ability to work efficiently in a broad cultural spectrum.
Time and Location
This position is a full-time job.
This position will require frequent travel within MESCAT.
The Hay Level for this position is .
Posting Date : Jun ,