Senior Manager - Capital Accounting

Overview

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next- infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a legacy that benefits to come? Then we want to hear from you!

Role Overview

The Capital Accounting Senior Manager is responsible for the management and delivery of the capital accounting team, ensuring the team fully understands capital progress in each Region / Sector and all assets are fully documented, as well as acting as an escalation route from the Regions and Sectors. The holder will work closely with Projects and the Businesses to ensure projects are properly monitored and accounted for and making sure that Financial Reporting & Control is aware and proactively engaged with all current developments. The role holder will assist in the development of management systems, processes and procedures to ensure appropriate accounting, reporting and control for all NEOM project activities.

Requirements Summary

• 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

Role Competencies & Activities

The Capital Accounting Senior Manager responsibilities will include, but not be limited to :

Stakeholder Management

Change Management

Project Management

Leadership

Culture and Values

Experience & Qualifications

Knowledge, Skills and Experience

Qualifications

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