Finance Manager - Africa Offshore
DP World is hiring a Finance Manager - Africa Offshore in Dubai, United Arab Emirates. Level rates it ; you can apply on DP World.
Level's read on this job
- Level rates this finance role Little AI ●○○○: aI is not part of the work.
- Tools and skills the posting cites include Nse, financial management and internal controls.
- Level classifies it as a senior role.
- Level lists 540 other open roles at DP World.
- The role was posted within the past week.
AI in this role
Oversee financial management, internal controls, and reporting for Africa Offshore business units.
- Ensure accurate financial management, effective internal controls, regulatory compliance and timely financial reporting in line with Group policies and procedures are in place.
- Provide financial and operational support to the Offshore Management team and Finance, ensuring effective implementation of financial controls, sound financial decision-making and efficient business operations across the respective Business Units.
Review the contracts to ensure appropriate and timely invoicing to the customers and continued focus on monitoring the receivable positions.
Monitor and ensure proper allocation of the operational expenditure, identify cost-saving opportunities and provide recommendation to improve profitability and overall financial performance.
- Support and facilitate the implementation of business and finance transformation initiatives, ensuring that changes to financial processes, systems, policies and procedures are effectively communicated, implemented and understood by relevant stakeholders.
- Monitor daily vessel movements and operational activities to assess their financial implications, guide the accounting team on appropriate cost allocation and financial treatment, and provide recommendations to Operations to optimise vessel-related expenditure and improve cost efficiency.
- Collaborate with the Procurement team and relevant stakeholders to review and resolve outstanding supplier payment matters, including the amendment and reissuance of purchase orders, ensuring timely settlement of overdue obligations while maintaining compliance with procurement policies, financial controls and approval procedures.
- Ensure compliance with applicable statutory requirements, Group accounting policies, financial reporting standards and internal control procedures across the assigned Business Units.
- Oversee internal financial controls and accounting-related compliance, identifying potential risks, addressing control deficiencies and ensuring adherence to established policies and procedures.
- Review and approve purchase orders and supplier invoices in NSE, ensuring accuracy, appropriate supporting documentation and compliance with approved budgets and delegated authority limits.
- Oversee month-end closing activities, including the review of accounting adjustments, reconciliations and final journal entries, ensuring accurate and timely financial reporting.
- Review monthly balance sheet schedules and reconciliations for Nigeria, Angola, Congo, Mozambique, etc. and prepare the corresponding schedules for POMO UAE, ensuring accuracy, completeness and timely resolution of discrepancies.
- Ensure effective cash flow and liquidity management across the assigned Business Units, maintaining sufficient funds to meet operational requirements and financial obligations.
- Monitor local currency balances and foreign exchange exposure across African jurisdictions, implementing effective fund utilisation strategies to minimise currency risks and potential financial losses.
- Manage and optimise working capital through effective monitoring of receivables, payables and cash balances, ensuring efficient utilisation of financial resources.
- Oversee customer collections and outstanding receivables, particularly high-risk and overdue accounts, coordinating with relevant stakeholders and Legal to facilitate timely recovery and minimise financial exposure.
- Lead weekly collection reviews for vessels operating in the spot market, developing and implementing recovery strategies to improve collections and maintain healthy cash flow.
- Plan, coordinate and execute fund repatriation and cross-border cash movements from local jurisdictions to POMO UAE, ensuring appropriate documentation and compliance with applicable regulatory and tax requirements.
- Review, approve and authorise manual payments for Mozambique and online payments across other African operations, ensuring compliance with delegated authority limits, financial controls and payment approval procedures.
Lead and coordinate the preparation of annual budgets, financial forecasts and business plans across the assigned Business Units, ensuring alignment with operational requirements and strategic objectives.
Monitor and analyse actual financial performance against approved budgets and forecasts, identifying variances, financial risks and opportunities for cost optimisation and performance improvement.
Prepare and review monthly Management Information System (MIS) reports, financial performance analyses and management reports, ensuring accurate and timely submission to the Financial Controller and relevant stakeholders.
Support the Financial Controller and Operations Director in financial planning, budgeting, forecasting and preparation of consolidated financial statements and other Group financial reports.
Oversee financial reporting and cost monitoring for vessel dry-docking activities, reviewing actual expenditure against approved budgets and Authorisations for Expenditure (AFEs), and highlighting significant variances.
Prepare and review cash flow projections, liquidity reports and financial analyses to support management decision-making and assess the Business Units' ability to meet financial obligations.
Analyse overdue receivables and their impact on financial performance, providing management with relevant reports on outstanding balances and potential financial exposure.
Prepare financial presentations, reports and supporting analyses for senior management, Group Finance and external stakeholders, including credit rating agencies, as required.
Oversee tax compliance across the assigned Business Units and African jurisdictions, ensuring adherence to applicable local tax laws, statutory requirements and Group tax policies.
Review monthly financial performance and tax positions across the respective countries, identifying potential tax exposures and recommending appropriate tax planning strategies to the Financial Controller and Group Tax.
Coordinate and oversee the preparation, review and timely filing of tax computations, returns and other statutory tax submissions, ensuring accuracy and compliance with local regulatory requirements.
Manage and coordinate statutory financial audits across African jurisdictions, liaising with external auditors, local Finance teams and relevant stakeholders to ensure timely completion and resolution of audit findings.
Oversee and coordinate tax audits and assessments across African jurisdictions, ensuring appropriate documentation, timely responses to tax authorities and effective resolution of audit queries.
Review and recommend tax-efficient structures and arrangements, including the application of Double Taxation Agreements (DTAs), exemptions and other applicable tax provisions, in consultation with Group Tax and the Financial Controller.
Monitor changes in tax legislation and regulatory requirements across the relevant jurisdictions, assessing potential financial implications and recommending necessary compliance measures.
How we rate this
Finance Manager - Africa Offshore at DP World rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Also common in finance jobs at this level
Pay
- Typical finance job
- $107k
This posting doesn't list pay. Use the typical finance figure when pay comes up. See finance jobs
Questions you could be asked
- Tell me about a project where financial management was part of your work. What did you do?
- Tell me about a project where internal controls was part of your work. What did you do?
- Tell me about a project where financial reporting was part of your work. What did you do?
- Tell me about a project where budgeting was part of your work. What did you do?
- Tell me about a project where cost optimization was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Financial Management, Internal Controls, Financial Reporting, Budgeting, and Cost Optimization. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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