Overview

Job Purpose: This role is pivotal in ensuring the financial health and compliance of subsidiary companies and joint ventures. The Controller for Subsidiaries & JVs is responsible for managing and overseeing the financial operations of subsidiary & JV companies. This role involves ensuring accurate financial reporting, maintaining compliance with accounting standards, and providing financial insights to support strategic decision-making.

Ensure integrity of Financial Statements of respective business units and ADNOC L&S.

Key Accountabilities: Job Specific Accountabilities
Financial Reporting:

  • Manage and oversee the financial operations of subsidiaries and joint ventures, ensuring accurate and timely financial reporting.
  • Consolidate financial statements of subsidiaries and JVs with the parent company’s financials.
  • Ensures the accuracy of financial statements of the company for submission to the Management
  • Ensures timely preparation and issue of periodic detailed financial reports, such as analysis of various accounts to Financial Reporting Department.
  • Analyze financial data to identify trends, variances, and opportunities for improvement.
  • Ensure compliance with local and international accounting standards, tax regulations, and company policies
  • Lead and mentor the finance teams within subsidiaries and JVs, fostering a culture of continuous improvement

Budgeting and 5 Year Business plan:

  • Lead the budgeting and forecasting processes for subsidiaries and JVs, providing financial analysis and insights.
  • Review budgets and financial forecasts for subsidiary & JV companies.
  • Coordinating with the management reporting team for budget and 5 year plan and attend budget related meetings
  • Identify significant variances and deviations from approved budgets

Chart of Accounts:

  • Controls and reviews chart of accounts. Assures all users awareness of company chart of accounts and methodology of cost coding and allocation.

Financial Records & Agreements:

  • Maintains all accounting and financial records relating to General Accounts.
  • Maintains records of audited financial statements, audit reports and working files.

About ADNOC Group

We are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification.

We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.