IFRS Lead - Doha - Qatar Energy LNG
Job details
Job PurposeLead all aspects of technical accounting, ensuring compliance with International Financial Reporting Standards (IFRS) and providing guidance on implementing new IFRSs and amendments. Review annual financial statements and disclosures, advising on accounting treatment for complex commercial transactions while supporting the year-end statutory audit process to ensure compliance, defend accounting positions and minimize the risk of adverse audit opinions.Key Job AccountabilitiesCoordinate year-end Statutory Financial Statements for QatarEnergy LNG group companies, acting as a focal point on statutory reporting matters with the external auditor, communicating effectively and ensuring compliance with reporting requirements. Oversee information requests for audit and financial statement disclosures, ensuring accuracy and timely reporting.Advise on key financial statement disclosures such as impairment, decommissioning, significant judgements, and liquidity risk to enhance accuracy, transparency, and compliance of financial reports. Oversee impact assessments and implementations of new and amended accounting standards, presenting outcomes to stakeholders to ensure seamless adoption of updated financial reporting guidelines.Review and develop technical accounting arguments to defend accounting positions in front of shareholders, internal and external audit. Ensure working papers are robust and defendable against applicable IFRS standards.Provide expert insights and interpretation on the accounting treatment of complex transactions to comply with IFRS, recommending practical solutions and presenting conclusions to stakeholders. Lead comprehensive financial simulations to understand impact on bottom-line profitability.Provide Finance input into the review, drafting, and evaluation of commercial agreements impacting individual joint venture companies. Lead collaboration with F&P stakeholders to understand system capabilities for accounting new commercial agreements, identifying gaps and gaining alignment.QualificationsBachelor's degree in accounting.Internationally recognised professional accounting qualification is mandatory.Job Requirements10 years of experience in the oil and gas industry, with 3 years in supervisory roles in finance.Strong commercial knowledge related to the oil and gas industry.Estimated Salary: $120,000 - $180,000 per annum
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