Vp Finance (Emea)
CurrentKey Roles and Responsibilities Reports to CFO of McDermott International Ltd and to Regional SVP Member of Regional Leadership Team and Finance Committee of McDermott International Ltd.Key responsibility of leading the delivery of all finance needs of the Region through various finance departments. Forecast of expected results, support to strategic initiatives, cash and capital expenditure management and recording/reporting the financial results.Responsible for all project accounting and reporting related matters of various EPCI projects of the company handled in the Region. Strong knowledge and experience in performing the various roles and responsibilities of project accounting for multiple EPCI contracts.Responsible for handling various finance departments of Project Accounting, Budgets and Management reporting, Statutory reporting, Treasury, Financial reporting and accounts payable consisting of large teams.Monthly/Quarterly review of projects and corporate reporting identifying various risks and opportunities and providing financial inputs for all bidding activities.Financial reporting functions of Hyperion reporting, general ledger and other finance applications inter-company accounting, bank reconciliations & hedge accounting. Statutory reporting role of finalisation of legal entity financial statements for entities in ME region in accordance with local GAAP requirements Treasury function involving cash management for regional operations, forecasting and managing bank guarantees for booked and prospective projects . Accounts Payable functions for operations such as timely submission of cash files, ensuring timely processing and payments to vendors, invoice approval process Recruiting, training and developing staff members.