Finance Director
5 months ago
Activities
- FM will be responsible for allfinance, accounting, treasury, reporting, admin, and ITfunctions.
- Oversee the billing and collectioncoordination function of the Company.
- Monitorrisk management activities, including administration of insurancepolicies, in consultation with the MD, and prepare annual progressreports to the Board.
- Provide analysis andreporting of project company performance, compliance, tax,insurance, budget, internal control and riskmanagement.
- Reviews and analyses all contractsand ensures appropriate accounting work is completed. Manages andcoordinates the appropriate purchase orders in the system. Is inclose contact with the plant team to understand progress in theproject activities and supports invoice and contract disputes whereapplicable. Ensures all project costs are reconciled and recordedfor month-end activities. Interprets events and activities from afinancial perspective (daily, monthly, quarterly, andannually).
- Monitors project costs and comparesagainst the plan. Provides frequent feedback to operations.Provides regular updates to the MD and shareholders includingpreparation of management presentations. Coordinate and reportmajor deviations and highlight potential areas forimprovement.
- Leads all financial planningactivities with respect to monthly, quarterly and yearlyforecasts.
- Maintains financial and accountingcontrols and oversee adherence to project companypolicies.
- Administer hiring and purchasedecisions made by the O&M Manager orMD.
- In preparation for each meeting of theproject company's Board of Directors (BOD), he/she willprepare, at a minimum, the followinginformation:
- Quarterly project cost and sourcesof finance analysis of expenditures and cash flows comparingactuals with budget / base case financial modelparameters.
- A forecast ofexpenditures.
- In case of any requirement of anyexpenditure not included in the base case financial model - adetailed note shall be prepared for the Board for approval of suchexpenditure.
- Will beasked to attend the BOD meetings to support the MD in providing anyclarifications necessary to the financial reports and to respond toquestions from the directors.
- Participate innegotiating and drafting term sheets, purchase agreements, andfinancing documents, if required.
- Maintainrelationships with the project company shareholders, investmentbankers, and advisors.
- To ensure that theproject company complies with the commercial/financial requirementsof the project documents and governmental policy/regulations.
Context& Environment
- Competitive environment: the businessoperates in a very competitive environment with both local andinternational players. Constant technical evolutions required toremain competitive, to have in place active cost reduction andperformance improvement processes, to develop and implementstrategies not purely based on price so that the business protectsvalue.
- Regulatory environment: each Country hasits specificities that generates constrains and opportunities.Rules constantly evolve and the business is requested on a regularbasis to adapt its strategy and/or businessmodel.
- Business environment: to operate inpartnership with other Company's affiliates to ensureconsistent approach to customers, One TotalEnergies structuresused, communications coordinated, opportunities created byleveraging the Company.
- HSE environment: toensure that the highest standards of HSE are implemented to meetCompany's standards. This can often involve implementingadditional processes beyond what is marketstandard.
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