Finance Business Partner

Wood PLC; Abu Dhabi; On-site; AED 200,000 - 300,000; Full time

Job summary

A global leader in consulting and engineering, Wood PLC seeks a Finance Partner for their Abu Dhabi office. This role demands a qualified accountant with over 10 years of commercial experience and strong people management skills. The Finance Partner will oversee project financial matters, reporting to senior management while managing a team to drive financial performance and governance.

Benefits

Competitive remuneration package

Medical Insurance

Group Life and Personal Accident Insurance

End of Service Gratuity

Employee Share Plan

Long Service Award

Commitment to continued professional development

Global connections

Energy Transition Academy

Qualifications

• Minimum of 10 years relevant accounting / commercial experience.
• Track record in people management.
• Experience of business partnering.

Responsibilities

• Full responsibility for all project financial matters.
• Report project financial performance to senior management.
• Management of the project finance team including recruitment and performance management.

Skills

Accounting

Commercial experience

Cost models understanding

People management

Business partnering

Education

Qualified accountant

Tools

IT / Systems knowledge

Job description

Remarkable people, trusted by clients to design and advance the world.

Our Clients and Projects

Designing the future. Transforming the world.

Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation.

We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonization and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory.

Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.

What we can offer

• Meaningful and interesting projects : Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion : We are an organization actively committed to diversity and inclusion across our business
• Competitive remuneration package : With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance : Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance : The company provides Life Assurance cover
• End of Service Gratuity : In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan : Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award : Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years' service of our employees at 5 year service milestones
• Commitment to continued professional development : Development plans that are tailored to your individual needs and interests
• Global connections : Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy : Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems - delivered by experts in their field

RESPONSIBILITIES

Key Accountabilities and Responsibilities :

The role has dual reporting responsibilities to the Projects Middle East Senior Finance Manager in the business, and the project Commercial Director, as well as closely supporting the Project Director and UAE Finance Manager. Business partnering is a key element of the role in providing finance and decision-making support through building relationships and promoting close links with operational leadership. The business partner element to the role is to provide analysis, insight and views in respect of the financial performance of the business, be a trusted advisor and to add value that will assist in decision making.

The role carries profit and loss and working capital responsibility. The other main aspects of the role include governance, financial control, internal and external reporting, financial forecasting and cash collection. The role will include responsibility for a team, and therefore team management and development will be essential elements. This role has responsibility for ensuring that all Group requirements are adhered to and that any financial risks are understood and mitigated as appropriate.

• Full responsibility for all project financial matters including accurate and timely completion of monthly reporting, optimizing financial performance
• Report project financial performance to senior management including variance analysis, accounts receivables, DSO, accruals and unbilled analysis
• Ownership for annual budget, forecasts and rolling forecasts in conjunction with senior management, including validation / challenge over backlog, inputs from operations
• Ensure forecasting accuracy and predictability through the rolling forecast v monthly actual result process
• Ownership of monthly customer billing to ensure invoices are prepared in accordance with the commercial terms of the contract
• Responsible for driving sustainable working capital improvements and / or maintaining performance working with operational management, project managers, supply chain and other relevant areas to optimize cash collection and minimize DSO, including customer relationships and reporting
• Management of the project finance team including recruitment, staff development, performance management and the setting of objectives
• Ownership of implementation and financial adherence with the finance operating model
• Assisting during client audits and dispute management
• Engagement with commercial teams on post contract award phase in terms of margin analysis looking for opportunities to drive improvements and commercial efficiencies, and attending key project reviews to ensure that reported financials are appropriate
• Engagement with external and internal auditors to successfully complete relevant audits
• Ensure that an effective control environment exists through compliance with all Group control frameworks, policies and procedures as relevant
• Responsibility for relevant project accounting, including monthly reviews, analysis and project set up, accounting judgements and provisioning while working with relevant functions such as Commercial, Legal and Tax
• Work with Operations and serve as a conduit between the business, wider Middle East Finance team and Legal, Tax and Treasury, IT, Shared Services and Supply Chain

QUALIFICATIONS

Skills And Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world's most critical challenges.

Expected :

• Qualified accountant
• Minimum of 10 years relevant accounting / commercial experience
• Commercial experience with good understanding of cost models
• Previous experience of managing and developing teams
• Track record in people management
• Good IT / Systems knowledge
• Experience of business partnering

Personal attributes :

• Ability to form and maintain strong working relationships
• Strong people skills and ability to develop team

ABOUT US

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list) : race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

Finance Partner • Abu Dhabi, United Arab Emirates