
Senior Manager - Capital Accounting
- Saudi Arabia
- Permanent
- Full-time
- Assess and execute on identified key priorities for Group Capital Accounting and Financial Control for continued enhancement of capital accounting capabilities
- Lead your team and ensure it coordinates closely with the Commercial and Technical teams to, in turn, enable accurate and timely financial management of projects and related contracts within the organization, assessing and reporting the costs, key variances, financial status, appropriate categorization and valuation of CWIP and Fixed Assets and ensuring that operational assets are capitalized promptly.
- Ability to use professional knowledge and skills in Transactional & Financial Accounting Principles, including CWIP accounting, cost allocation, account reconciliations and controls, combined with a high degree of diligence to contribute proactively to continuous improvement of organization's accounting, reconciliation processes, policy enhancement and standards.
- Help to create an organizational environment that facilitates close cross functional collaboration with commercial and technical teams to ensure projects are properly tracked and accounted for, especially in relation to the timely recording and reconciliation of incurred costs;
- Work to ensure the Capital accounting team is adequately resourced for planned business activities by NEOM.
- Ensure the Regions and Sectors are reporting consistent financial information and that SAP S/4HANA, PS (Project System) and Oracle PMIS are aligned
- Analyze stakeholders' needs, interests, and influence to prioritize engagement strategies.
- Develop and implement stakeholder engagement plans tailored to different stakeholder groups.
- Build and maintain strong relationships with stakeholders through regular communication and meetings.
- Act as the primary point of contact for stakeholders, addressing their concerns and providing updates on relevant activities.
- Manage the dissemination of information, ensuring timely and accurate communication.
- Work closely with internal teams, including communications, project management, and legal, to ensure stakeholder interests are aligned with organizational objectives.
- Identify and address potential conflicts or issues with stakeholders proactively.
- Mediate disputes or misunderstandings, ensuring that resolutions are in the best interest of both the stakeholders and the organization.
- Stay informed about best practices in stakeholder management and apply them to enhance engagement strategies.
- Seek feedback from stakeholders to continuously improve the quality of engagement and communication.
- Promote transparency and accountability in all interactions with stakeholders.
- Identify potential risks associated with the change and develop strategies to mitigate them.
- Develop a strategy that outlines the approach, resources and timelines for implementing the change.
- Provide regular reports to senior management on stakeholder engagement status, risks, and opportunities.
- Use feedback and data to refine and improve stakeholder management strategies.
- Coordinate stakeholder involvement in projects, ensuring their feedback is integrated into planning and decision-making processes.
- Track and monitor stakeholder engagement activities and their impact on project outcomes.
- Lead the Capital Accounting Team on a day-to-day basis
- Prepare and deliver presentations, reports, and other communication materials tailored to stakeholder needs.
- Ensure that all stakeholder engagement activities comply with the relevant regulations and ethical standards.
- Utilize data analytics to drive strategies and decisions.
- Embrace NEOM's culture and Values
- Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM's Code of Conduct.
- Maintain fair, ethical and professional work practices in accordance with NEOM's Values and Code of Conduct.
- Adhere to NEOM's Policies, procedures, and controls to ensure compliance with rules.
- 10+ years of experience in project and asset accounting
- Significant experience in managing audits
- Experience working on large infrastructure or real estate programs
- Strong knowledge of IFRS
- Exposure and interaction with SAP and / or Oracle project accounting and asset management.
- Highly skilled in dealing with financial and numeric data
- Highly skilled in use of Excel / PowerPoint;
- Excellent verbal skills;
- Team player and ability to work within a multi-discipline team and develop a collaborative, can-do approach with the Regions / Sectors
- Excellent work habits, including a willingness to work the hours necessary to complete the required tasks
- Ability to work in stressful, last minute and deadline driven oriented tasks.
- Experience in SAP
- Bachelor's degree in accounting or relevant field.
- Relevant qualifications (CA, ACCA, CPA)