Senior Financial Controller- AIQ Jobs in Abu Dhabi – UAE at ADNOC HQ
Title: Senior Financial Controller- AIQ
Company: ADNOC HQ
Location: Abu Dhabi – UAE
Type: Full Time
Category: Accounting, Finance
AIQ is a new joint venture company between ADNOC and Group 42, which focuses on developing artificial intelligence technologies in the United Arab Emirates. AIQ develops and commercializes AI products and applications for the oil and gas industry. It aims in providing end-to-end solutions by using its data, cloud and talents to develop AI solutions that seek to reduce costs and generate revenue for its clients.
AIQ embodies an innovative and entrepreneurial spirit that embraces challenges to push boundaries and seeks to welcome professionals to its team that share the desire to make meaningful and impactful contributions to its mission. Always on the cutting edge of technology, AIQ provides its talent all the opportunities to thrive and excel. Working at AIQ includes dealing with massive data sets, an AI infrastructure that is powered by the latest NVIDIA GPU cloud computing platform and access to limitless computing, storage and network resources.
Supervise the preparation and submission of, quarterly and yearly financial consolidated financial statements oversee the coordination, provide related support, and ensure that all follow the applicable financial Group-wide guidelines, procedures and frameworks, in order to drive compliance of financial reporting and fulfil requirements of external auditors. KEY ACCOUNTABILITIES Contribute to the development and oversee the implementation of standardised Group-wide guidelines, procedures and frameworks.
Contribute to continuous improvement and alignment of policies, procedures and systems related to (consolidated) reporting (e.g. One ERP), liaising with other departments as necessary, in order to contribute to the accuracy, timeliness and usefulness of financial reporting activities.
Support the appointment of External Auditors and responsible for matters related to: RFP to assign the auditors
Endorsing their invoices Manage the process of preparing the consolidated and interim financial statements (and notes to the consolidated financial statements), including monthly reporting.
Review and approve consolidation entries – a key aspect in the preparation of the consolidated financial statements
Support the administration of audit reports from both Government and External auditors, and ensure a timely and efficient follow-up on audit findings.
Lead the financial governance framework and ensure the timely and efficient closure of the accounts on a monthly basis.
Ensure the participation of the Group Financial Planning Budgeting and Reporting Unit in the Audit Committees of various Group Companies and Subsidiaries, in order to enable an efficient communication flow between the General Ledger function, Audit function, the Internal Control Department and the lnternal Auditor of the relevant Group Companies.
Discuss replies to audit observations and recommendations to auditors with the Internal Control Department, and contribute in the timely and appropriate response to Auditors on their audit findings and recommendations.
Initiate analyses leading to the identification of financial risks, and assess the potential risk and vulnerability it creates for the business and the Group in relation to operational factors of cost and quality, classification of capital or revenue expense and significance as to frequency of occurrences.
Finalise the required assessment of the impact of new International Financial Reporting Standards on and prepare related memos…