An integrated oil and gas company located in Trinidad and Tobago is seeking to fill the position of Chief Financial Officer (CFO).
Chief Financial Officer (CFO)
Job Summary:
An integrated oil and gas company located in Trinidad and Tobago is seeking to fill the position of Chief Financial Officer (CFO). The Organisation is engaged in the full range of petroleum operations including the exploration for, development of and production of hydrocarbons, and the manufacturing and marketing of a wide range of petroleum products.
The Chief Financial Officer (CFO) is a key member of the Executive Management team, and will assume a strategic role in the overall management of the organisation. The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the company. Partnering with the CEO, the incumbent will play a critical role in developing, reviewing, and implementing the Corporate Strategy for the organisation. The CFO will also be an advisor to the Heads of Departments, evaluating and assisting them with their budgets and annual plans. Additional responsibilities will fall around overseeing fiscal and fiduciary responsibilities for the organisation, in conjunction with the Board of Directors and the Finance, Audit, and Investment committees of the Board.
Key Accountabilities:
- Provide leadership in the development of short and long-term strategic financial objectives.
- Develop long-range strategies to establish and maintain the financial self-sufficiency of the organisation.
- Identifies sources of financing to expand the scope of the Organisation’s business opportunities.
- Monitor and direct the implementation of strategic business plans.
- Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action.
- Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends, and forecasts.
- Manage processes for financial forecasting, budgets and consolidation and reporting to the Organisation.
- Ensure sound balance sheet management, including debt and equity financing.
- Develop financial plans and budgets for the CEO and Board of Directors.
- Manage and track Organisation’s funds, assets and investments and periodically issues reports on its current as well as projected financial stability/condition.
- Analyses general economic, business, and financial conditions to assess their impact on the Organisation’s policies, operations, and profitability.
- Develop risk management methodology, including but not limited to Treasury, insurance, and commodity risk management.
- Prepares a monthly written report to the Board of Directors on the financial standing and conditions of the Organisation.
- Direct and oversee all aspects of the Finance and Accounting functions of the organisation.
- Negotiate project financing; structures and documents financial packages and agreements.
- Direct and oversee staff.
- Establish and maintain strong relationships with senior executives in order to identify their needs and seek full range of business solutions.
- Establishes and maintains contacts with auditors, actuaries, financial institutions, government agencies, joint venture partners, and counterparts.
- Maintain effective interfaces with corporate, investment, and commodity bankers.
- Provide executive management with advice on the financial implications of business activities.
- Provide recommendations to strategically enhance financial performance and business opportunities.
- Ensure that effective internal controls are in place and ensure compliance with appropriate statutory and regulatory requirements for financial and tax reporting.
- Develop and manage governance, controls, assurance, and compliance frameworks.
Qualifications and Experience:
- BSc in Accounting or Finance
- MBA and/or ACCA, CPA, or another recognized professional Accounting qualification
AND
- 10+ years in progressively responsible financial leadership roles, preferably within the Oil and Gas and/or Energy Services industry.
- Ability to articulate vision and strategy, understand implications of business initiatives on finance.
- Experience in partnering with an executive team, and have a high level of written and oral communication skills.
- Strong ability to write and/or review financial statements including a complete set of footnotes.
- Accountable for specific performance.
- Must be a strong leader with the ability to communicate and interact at all levels (upper management and staff)
- Analyses problems and makes sound decisions in a timely manner based on objectives, risks, implications, and costs.
- Proven ability to raise capital for oil and gas projects/ventures.
- Proven ability to deal with venture capital, project finance, and other financial issues concerning oil and gas companies and projects.
- Proven success in arranging Project Finance for various Projects as well as in closing multiple deals.
- Fully conversant with Financial Structuring, Funds Management, and Finalization of Contracts and Taxation.
We would like to thank all applicants for their interest. However, we wish to advise that only those candidates considered suitable will be contacted.