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Finance Lead - Aftermarket

TechnipFMCAberdeen, GB

30+ days ago

Salary

£55,000.00 yearly

Job description

Finance Lead - Aftermarket

Location : Dammam, SA

Employment type : Employee Place of work : Office Offshore / Onshore : Onshore

TechnipFMC is committed to driving real change in the energy industry. Our ambition is to build a sustainable future through relentless innovation and global collaboration – and we want you to be part of it. You’ll be joining a culture that values curiosity, expertise, and ideas as well as diversity, inclusion, and authenticity. Bring your unique energy to our team of more than 20,000 people worldwide, and discover a rewarding, fulfilling, and varied career that you can take in anywhere you want to go.

Job Purpose

This role will be an integral member of the team based in Saudi Arabia with responsibility for the overall management of the operations relating to aftermarket division in Saudi Arabia. This role accepts full responsibility for the period-end close process relating to aftermarket division. The role will require strong financial support and application of accounting governance; having a good grip in accounting standards relating to revenue recognition is a key requirement. The individual will ensure compliance with local Saudi Arabia legal and regulatory requirements. This role also requires working closely with the operations team of aftermarket division to ensure that the KPIs and operational performance targets are achieved.

Job Description

Business Partner to the project and functional managers with regards to project costing, forecasting, budget preparation & reporting
Support the Sr Finance manager in miscellaneous activities (monthly reporting preparation, ad hoc financial analysis, forecast…)
Manage forecasting of revenue, margin and invoicing for the whole Aftermarket business on a monthly basis
Identify, investigate, and analyze potential operational improvement as appropriate
Lead change activity in the business ensuring benefits are delivered
Identify, investigate, and analyze any cost overruns on the aftermarket division
Maximize the cashflow and performance of the aftermarket division by implementing strong financial controls
Maintain compliance to company financial standards and participate in external and internal audits
Prepare monthly forecast for the legal entity focusing on Aftermarket
Balance Sheet reconciliations, Quarterly Balance Sheet and P&L review.
Review the utilization of all the assets and ensuring that all the assets are properly utilized.

Review and control bank payments, invoices…

You are meant for this job if :

Must have :

Accounting qualification. Solid accounting knowledge is required – particularly revenue & margin recognition over time, invoicing, cash flow and working capital. Experience in project accounting preferred (ideally within a manufacturing environment)

Familiarity with International Financial Reporting Standards (IFRS) and strong Microsoft Excel skills are essential.

Knowledge of ERP system (SAP) would be considered as an advantage.

Good interpersonal, communication, and analytical skills.

Must be a self-starter, team player, motivated and capable of working on their own initiative.

Being a global leader in the energy industry requires an inclusive and diverse environment. TechnipFMC promotes diversity, equity, and inclusion by ensuring equal opportunities to all ages, races, ethnicities, religions, sexual orientations, gender expressions, disabilities, or all other pluralities. We celebrate who you are and what you bring. Every voice matters and we encourage you to add to our culture.

TechnipFMC respects the rights and dignity of those it works with and promotes adherence to internationally recognized human rights principles for those in its value chain.

Learn more about TechnipFMC and find other open positions by visiting our Career Page.

Date posted : Aug 7, 2024 Requisition number : 8226