
Finance Director
18 hours ago
OQ Exploration & Production is a leading energy company seeking an experienced Senior Finance Leader to oversee its financial services function.
This strategic business partner role requires a strong understanding of economic and forecasting modeling aspects, as well as corporate governance.
Main Responsibilities:
- Financial Controlling: Direct and oversee the financial controlling process for OQEP, ensuring an adequate control structure is in place for financial success.
- Treasury: Direct and oversee the treasury function to ensure OQEP has adequate funding for short, medium, and long-term cash requirements.
- Budgets and Plans: Direct and oversee the preparation and consolidation of OQEP budgets and monitor financial performance versus budget.
- Collaboration with CFO: Collaborate on short and long-term strategies for the Business by providing financial insight and translating it into business plans.
- Transaction Authorization: Authorize transactions proposed by OQEP within set governance protocols upon analysis of merits.
- Resource Management: Ensure OQEP has necessary resources (financing, cash, risk mitigation) to conduct business effectively.
- Performance Monitoring: Monitor and analyze OQEP business performance and recommend measures for improvement.
- Stakeholder Relationships: Develop and enhance relationships with key stakeholders as authority and strategic adviser on financial matters.
- Organizational Structure: Define an optimum organization structure for the Finance function at OQEP.
- Manual of Authorities: Oversee the development of the Manual of Authorities and delegation of financial responsibility at OQEP.
- External Coordination: Coordinate with various ministries and government entities regarding operational and financial matters.
- Business Relationships: Establish and maintain effective working relationships with key external entities such as Banks and Investment institutions.
- Financial IT Systems: Direct the implementation of all financial IT systems.
- Processes and Procedures: Oversee the implementation of functional policies, systems, processes, procedures, and controls.
- Change Management: Direct and oversee the change management process considering international best practices.
- MIS and Reports: Ensure that all functional reports comply with corporate governance principles and OQ policies.
Requirements:
- Education: Graduate in Finance, Accounting, Economics or equivalent – Required | Postgraduate (CIMA, CA, CFA or MBA) is preferred.
- Language: Excellent knowledge of written, read, and spoken English (required).
- Background and Experience: 14+ years of finance role and operations experience; 5+ years in a senior management role with business partnering exposure.
Competencies and Skills:
- In-depth understanding of the economics of the oil and gas / energy industry.
- Knowledge of regulatory environment in all jurisdictions where OQ operates.
- Progressively responsible experience for a major company or division of a large corporation.
- Excellent communication skills, particularly in presenting analysis results to management.
- Outstanding knowledge of electronic spreadsheets.
- Knowledge of Capital Markets / Project Finance / Banking.
Soft Skills:
- Demonstrated leadership to develop high performing teams.
- Capable of inspiring and leading change.
- Ability to influence internal and external stakeholders.
Technical Skills:
- Computer Literacy including MS Office.
- Advanced business and financial analytical skills.
- Ability to conduct financial and business negotiations.
Salary: Estimated salary range: $150,000 - $250,000 per year, depending on qualifications and experience.
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