Financial Controller RTC

Masdar seeks a Financial Controller in Abu Dhabi to oversee financial support, accounting services, and reporting. Responsibilities include developing financial statements, supervising P&L analysis, managing receivables and assets, and ensuring compliance with financial policies. Candidates should have a relevant degree and at least 8 years of experience in financial management or accounting, preferably in infrastructure projects or major firms.
Company Description

Masdar is the UAE’s clean energy champion and one of the largest companies of its kind in the world, advancing the development and deployment of renewable energy and green hydrogen technologies to address global sustainability challenges. Established in 2006, Masdar is today active in over 40 countries, helping them to achieve their clean energy objectives and advance sustainable development. Masdar is jointly owned by Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company (Mubadala), and Abu Dhabi National Energy Company (TAQA), and under this ownership the company is targeting a renewable energy portfolio capacity of at least 100 gigawatts (GW) by 2030 and an annual green hydrogen production capacity of up to 1 million tonnes by the same year.

Job Description

As the Financial Controller, you will manage and oversee the provision of financial support, accounting services and financial reporting in order to ensure compliance with group financial and commercial procedures, controls and policies and provision of timely financial support and documentation as required.

Responsibilities not limited:
• Ensure effective, timely and accurate development of financial statements, monthly reports, and local and statutory reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP) and IFRS requirements.
• Supervise the financial support provided to management and operations team on P&L analysis, revenue and cost forecasting and review of costs and expenses in order to ensure adequate analysis and support services are provided when required.
• Monitor and contribute to the management of receivables, fleet, and insurance renewals in order to ensure these financial administrative activities are completed timely and in compliance with the financial policies and procedures.
• Manage and verify the Fixed Asset and inventory registry as per Masdar regulations for use in assessing total inventory value and calculating depreciation.
• Monitor, control and analyse the expenditures in coordination with concerned internal departments to facilitate the business operations and achieve a satisfactory level of financial performance.
• Review and oversee the development of all supporting information/ documentation require for the annual audit with internal auditors and approved external auditors, in order to ensure timely provision of relevant information which will support in the audit process.

Qualifications

Preferred Qualifications:
• Bachelor’s degree in relevant subject (business administration, finance, economics).
• Qualified accountant CA, ACCA or similar.

Preferred Experience:
• At least 8 years of experience in financial management, accounting or audit in major infrastructure projects, construction companies or big 4 accounting firms.
• Experience in project finance is an added advantage.

Additional Information

Masdar is one of the world’s fastest growing renewable energy companies and a green hydrogen leader, placing the UAE at the forefront of the energy transition.

As a pioneer in advancing the clean energy sector and a key enabler of the UAE’s vision as a global leader in sustainability and climate action, Masdar has developed projects in more than 40 countries across six continents and has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion.

Masdar unites the UAE’s three energy champions – Mubadala, ADNOC and TAQA – and will utilize their combined expertise to fulfill its purpose as a global clean energy pioneer across renewables and green hydrogen.

Promoting innovation in solar, wind, energy storage, waste-to-energy, and geothermal energy, Masdar has a proven record of delivering pioneering projects using cutting-edge clean energy technologies, that are commercially viable and bankable.