Finance Team Lead (UAEN)

Sharjah National Oil Corporation (SNOC); Sharjah; On-site; AED 200,000 - 300,000; Full time

Job summary

A leading oil and gas company in Sharjah Emirate is seeking a qualified professional accountant with 13-15 years of experience to lead their finance and accounting functions. The role involves managing accounts payable, treasury, and audit activities, along with ensuring compliance with UAE VAT regulations. Candidates should possess strong communication skills and experience in using Maximo and Sun Systems. The ideal candidate will thrive under pressure and manage a team effectively.

Qualifications

• Professional accounting qualifications are mandatory.
• Strong knowledge of UAE VAT regulations and IFRS is essential.
• Good interpersonal skills to communicate with varied personnel are required.

Responsibilities

• Lead and supervise finance and accounting functions.
• Oversee treasury and ensure timely payments.
• Conduct monthly closing and reporting activities.
• Support audit requirements and prepare management accounts.
• Manage tax compliance and oversee VAT issues.

Skills

Qualified professional accountant – ACCA

Microsoft Office applications proficiency

UAE VAT regulations knowledge

IFRS knowledge

Ability to work against tough deadlines

Excellent communication skills

Tools

Maximo

Sun System

Job description

The ideal candidate will be responsible to lead and supervise the day-to-day finance and accounting function including but not limited to accounts payable, accounts receivable, treasury, audit and taxes (VAT and Corporate Tax).

Accounts Payable, Accounts Receivable and Treasury

• Review and approve supplier invoices in Maximo system as per terms of the contract/PO and facilitate timely payments to suppliers.
• Oversee and manage the weekly interface between Maximo and Sun System in a timely manner.
• Review weekly batch payments including cheques and wire‑transfers. Verify the accuracy and supporting documentation prior to Management approval.
• Regular review, report and follow up on outstanding creditor balances, supplier statements and liaise with suppliers for dispute resolution.
• Review monthly revenue invoices and ensure compliance with revenue contracts.
• Ensure receipts are recorded in a timely manner.
• Oversee the treasury function. Ensure all bank transactions are recorded on a timely basis. Review bank reconciliations and scrutinise and clear reconciling items.
• Review and approve the monthly cash call projection and ensure payments are within the acceptable limits of the monthly projection.

Monthly Closing and Reporting

• Record and review month‑end accruals and ensure accruals are aligned with monthly cost projection.
• Ensure financial integrity by conducting complete GL review and internal controls check as part of monthly closing activity.
• Responsible for end‑to‑end month end close by ensuring all tasks are completed as per schedule.
• Review monthly balance sheet reconciliations and ageing of receivables.
• Review and maintain the fixed asset register (FAR) and reconcile with the ledger.
• Review monthly/quarterly asset capitalisation and depreciation calculation and recording.
• Perform essential reporting and analysis by designing, implementing, and producing monthly and quarterly Management reports.

Audit, Taxes and Other Ad‑hoc

• Support audit requirements both internal and external by providing required information to auditors and providing assistance to the team as and when required during the audit.
• Liaise with team members/other departments to ensure availability of information required by the auditors.
• Prepare the yearly Management Accounts and Financial Statements.
• Lead the Tax compliance including computation of liability, return filling and refunds on quarterly basis.
• Oversee and manage all VAT and other tax related issues.
• Oversee and manage routine functional activities and supervise the work of the Accountants.
• Liaise with banks for day to day matters.
• Support the Financial Controller and Management on other ad‑hoc requirements.

Qualification and Skills

• Must be a qualified professional accountant – ACCA
• Proficient with using Microsoft Office applications, particularly Excel and Word
• Strong knowledge and experience with UAE VAT regulations
• Strong IFRS knowledge
• Proven ability to work against tough deadlines in a challenging environment
• Excellent communication and interpersonal skills with the ability to communicate at all levels with both financial and non‑financial personnel

Experience

• Minimum of 13-15 years of overall experience preferably in the Oil & Gas Industry
• Minimum of 3-5 years of experience in leading and supervising a team
• Experience in using Maximo and Sun System preferred