About the Company -
Fearnley Group is a global leader in QA/QC inspection, technical audits, failure investigation, engineering consultancy and specialist training for drilling and completion operations, with offices across the Middle East, UK, Africa, Southeast Asia and Australia. For over 30 years our proprietary NS-1™ and NS-2™ Standards and world-class QA/QC programs have helped operators, drilling contractors, manufacturers and tool suppliers eliminate Non-Productive Time (NPT) and deliver wells safely, compliantly and cost-effectively.
Line Manager -
Chief Finance Officer
Role Overview -
In this role, your duties and responsibilities will expand to cover Fearnley Group entities of the organization. You will have overall responsibility for global finance and administration functions, including but not limited to the following:
Quality review and verification check of all invoices raised each month for the Fearnley Group entities
In depth review of the invoicing process and the quality of work being done
Summarizing of sales vs. monthly estimated sales, generated by the Regional/ Operations Managers
Identifying and discussing significant variances with Accounts employees, then making final reports to the Chief Finance Officer
Quality review and verification check on monthly management accounts generated by the local accountants
Monthly transfer requests from Accounts staff and raise necessary queries when there are variances to acquire details and justifications and upon completion for Chief Finance Officer’s approval
Collections and cash management
Keeping the Chief Finance Officer fully appraised of all finance and administration matters
Management and supervision of accounts and administration employees in the local operations
Liaising with Human Resources when employee issues arise within accounts and administration staff
All reporting and financial analysis that the Chief Finance Officer may require from time to time
Prepare annual budget and rolling quarterly forecast for the entities
Verify accuracy of payroll calculation prepared by the Payroll Accountant and ensure on-time processing on a monthly basis
Prepare year end accounts and reconcile balance sheet accounts for external audit
Maintain pension scheme for Fearnley UK and other entities
Provide tax information for year-end and P1 1D purpose
Prepare reconciliation of inter-company balances
Look after the insurance policies and ensure that all insurance premiums are paid, in coordination with the Group’s Legal & Admin Manager/PA to the CEO
Liaise with external auditors and banks
Maintain procedures for all accounts functions together with the QHSE Manager
NB -
The duties listed under the job description are not an exhaustive list, employees are expected to be flexible and undertake additional duties commensurate with the overall responsibilities of the position.
All employees are expected to work safely at all times and obey the rules and regulations of facilities visited in the course of their work.
Competence standards with this job description include minimum entry standards expected at recruitment and also desirable standards that would be beneficial.