finance associate
3 weeks ago
Job Title: Finance Associate
Reporting to: Finance Director
Position Purpose: Working in a dynamic, collaborative team, you will act as the first point of contact for Project Companies Finance teams. You will be involved in financial control and reporting, statutory and group accounting. A strong technical accounting background is required to effectively manage all processes and requirements related to financial control, treasury, accounting, and tax matters across the Company entities.
Responsibilities:
- Treasury:
• Handling all banking transactions processing and support in local banking relationships.
• Assist in preparation of documents for bank facilities, such as opening new bank accounts, Bank Guarantees, LC, and TR.
• Set up audit track for project-related payments: keep project contracts, execute the payments to project contractors, and report to Finance Head if any discrepancy occurs. - Accounting:
• Perform accounting and closing activities at company level.
• Support and preparation of annual financial statements reports at company level.
• Assist in preparation of monthly financial report. - Budget & Planning:
• Assist in the preparation of budgets & forecasts and implementation of budgetary control on day-to-day operations.
• Co-ordinate with project companies and ensure proposed budgets for appropriateness of the estimation basis, the accuracy of the calculations, the logic of the assumptions and justifications, and proper classification of expenditure.
• Ensure adequate control over approved budgets and obtain justifications for budget deviation/transfers. - Financial Management and Reporting:
• Administer and review all financial plans; Company cash flow, preparing cash flow forecasting, and reconciling bank and investment accounts. Provide robust financial analysis to support business decision making.
• Prepare, submit, manage, and track monthly invoicing in conjunction with Asset Management.
• Provide ongoing financial analysis to support the project companies' construction and operation phases.
• Assist in the preparation and timely submission of all reports to stakeholders (internal and external). - Audit:
• Assist in external audit process.
• Prepare reconciliation/sample information for external auditors.
Person Specification:
Qualifications & Experience:
• Experience in Similar Sector (Infra, Construction, Energy etc).
• 5 years of relevant experience.
• Understanding of the power generation key drivers.
• Big 4 or related industry background.
• Master's Degree related to Accounting / Finance / Economics.
• ACA/ACCA/CIMA/CPA or equivalent professional accounting qualification.
Required Skills:
• Accounting concepts and accounting standards under IFRS accounting standards.
• Accounting software Microsoft Dynamics 365.
• MS Office Suite Expert.
Interpersonal Skills:
• Strong Oral & Written communication.
• Strong presentation skills.
• Stakeholder management.
• Problem solving.
• Organization and planning.
• Accountability.
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