Financial Manager Jobs - Basra Iraq
4 Jobs Found
<p><h4>Belong, connect, grow, with KBR!</h4>
<p>The KBR team of teams delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals.</p>
<p>KBR provides holistic and value-added solutions across the entire asset life cycle. These include world-class licensed process technologies, differentiated advisory services, deep technical domain expertise, energy transition solutions, high-end design and engineering capabilities, and smart solutions to optimize planned and operating assets.</p>
<h4>Deputy finance manager – IFMS contract (Majnoon oil field)</h4>
<h4>Position overview</h4>
<p>Located at the Majnoon Oil Field in Iraq, this role is responsible for leading overall controller and cost recovery functions for KBR on the Integrated Field Management Service (IFMS) Contract. The F&A Manager ensures timely and accurate financial transactions review, invoice generation, and optimized cash flow.</p>
<p>The role ensures robust financial governance, accurate reporting, and strong compliance with internal controls and contractual obligations.</p>
<h4>Key responsibilities</h4>
<p><strong>Cost recovery process</strong><br>
Oversee cost recovery operations.<br>
Hold overall responsibility for the end-to-end cost recovery process, including management of payments and collections.<br>
Ensure client billings are accurate, timely and compliant with the contract.<br>
Manage working capital.</p>
<p><strong>Risk management & assurance</strong><br>
Supervise risk management and assurance operations.<br>
Lead financial risk management activities.<br>
Conduct policy and compliance audits.<br>
Ensure external compliance.<br>
Drive internal reviews and audits.<br>
Strengthen control systems.</p>
<p><strong>Internal reporting</strong><br>
Oversee accounting operations and ensure accurate financial reporting.<br>
Manage monthly and quarterly close processes.<br>
Monitor financial performance and provide analysis.<br>
Ensure integrity of financial records.<br>
Lead the development of annual budgets and multi-year plans.</p>
<p><strong>Team leadership / development</strong><br>
Lead, manage and develop a team of approximately 30 people.</p>
<h4>Qualifications & experience</h4>
<p>Bachelor’s degree required; a professional accounting certification is preferred.<br>
Minimum 10 years of finance experience, ideally within the oil & gas or energy sector.<br>
Leadership experience.<br>
Experience working in remote site environments or large upstream projects is beneficial.<br>
Strong communication skills with ability to influence non-financial stakeholders.</p></p><p></p>
<p><h4>Belong, connect, grow, with KBR!</h4>
<p>The KBR team of teams delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals.</p>
<p>KBR provides holistic and value-added solutions across the entire asset life cycle. These include world-class licensed process technologies, differentiated advisory services, deep technical domain expertise, energy transition solutions, high-end design and engineering capabilities, and smart solutions to optimize planned and operating assets.</p>
<h4>Deputy finance manager – IFMS contract (Majnoon oil field)</h4>
<h4>Position overview</h4>
<p>Located at the Majnoon Oil Field in Iraq, this role is responsible for leading overall controller and cost recovery functions for KBR on the Integrated Field Management Service (IFMS) Contract. The F&A Manager ensures timely and accurate financial transactions review, invoice generation, and optimized cash flow.</p>
<p>The role ensures robust financial governance, accurate reporting, and strong compliance with internal controls and contractual obligations.</p>
<h4>Key responsibilities</h4>
<p><strong>Cost recovery process</strong><br>
Oversee cost recovery operations.<br>
Hold overall responsibility for the end-to-end cost recovery process, including management of payments and collections.<br>
Ensure client billings are accurate, timely and compliant with the contract.<br>
Manage working capital.</p>
<p><strong>Risk management & assurance</strong><br>
Supervise risk management and assurance operations.<br>
Lead financial risk management activities.<br>
Conduct policy and compliance audits.<br>
Ensure external compliance.<br>
Drive internal reviews and audits.<br>
Strengthen control systems.</p>
<p><strong>Internal reporting</strong><br>
Oversee accounting operations and ensure accurate financial reporting.<br>
Manage monthly and quarterly close processes.<br>
Monitor financial performance and provide analysis.<br>
Ensure integrity of financial records.<br>
Lead the development of annual budgets and multi-year plans.</p>
<p><strong>Team leadership / development</strong><br>
Lead, manage and develop a team of approximately 30 people.</p>
<h4>Qualifications & experience</h4>
<p>Bachelor’s degree required; a professional accounting certification is preferred.<br>
Minimum 10 years of finance experience, ideally within the oil & gas or energy sector.<br>
Leadership experience.<br>
Experience working in remote site environments or large upstream projects is beneficial.<br>
Strong communication skills with ability to influence non-financial stakeholders.</p></p><p></p>
<ul><li><p>Oversee accounting operations and treasury management.</p></li><li><p>Manage cash flows, payments, banking relationships, and liquidity.</p></li><li><p>Ensure financial accuracy, compliance, and operational continuity.</p></li><li><p>Lead general accounting, AP/AR, and treasury activities.</p></li><li><p>Manage financial closing, reporting, and audits.</p></li><li><p>Implement internal controls and accounting procedures.</p></li><li><p>Improve SAP systems and financial processes.</p></li><li><p>Lead accounting and treasury teams.</p></li><li><p>Coordinate with banks, auditors, partners, and internal stakeholders.</p></li></ul><p><strong>Desired Candidate Profile</strong></p><ul><li><p>Master’s degree in Finance, Accounting, or equivalent.</p></li><li><p>10–15 years of experience in accounting and treasury roles.</p></li><li><p>Strong expertise in accounting, treasury, and financial reporting.</p></li><li><p>Good knowledge of SAP financial modules and systems.</p></li><li><p>Experience managing complex financial environments with high transaction volumes.</p></li><li><p>Strong leadership, team management, and confidentiality skills.</p></li><li><p>Detail-oriented with strong analytical and problem-solving abilities.</p></li><li><p>Ability to work effectively in complex and fast-paced environments.</p></li><li><p>Experience in international industrial or project-based environments.</p></li><li><p>Fluent in English and Arabic (mandatory); French is an advantage.</p></li></ul>
<p><strong>Accountant (based in South Iraq)</strong></p><p>Reporting to CFO and Country Manager and/or his/her designate, the duties generally include:</p><p>Ø Manage the accounting functions of branch offices in Iraq to ensure the timely preparation and submission of management accounts, ensure compliance to the statutory requirements and filing of tax returns.</p><p>Ø Prepare statistical reports required by management to make timely business decisions.</p><p>Ø Responsible for weekly bank balance reports for management.</p><p>Ø Ensure the proper accountability of inventory and fixed assets.</p><p>Ø Prepare and submit monthly accounts meeting minutes.</p><p>Ø Ensure all revenues are accurately captured for all on-going jobs.</p><p>Ø Responsible for the calculation/verification and payment of salaries and allowances to office and field engineers and mandatory contributions to local authorities.</p><p>Ø Ensure all renewals relating to the business are timely attended to.</p><p>Ø Ensure a high degree of productivity through proper selection, orientation, training and counselling of accounting staff if necessary.</p><p>Ø Identify weakness in the operating system if any and implement internal control measures.</p><p>> Liaise with auditors, tax consultants, bankers, government authorities, clients and suppliers on related matters.</p><p> </p><p>Skills Required:</p><p>Ø Experience: Minimum 5+ years at management level in the oil and gas industry upstream industry, and preferably from services sector.</p><p>Ø Familiar Navision accounting software</p><p>Ø Knowledge of corporate and secretarial functions</p><p>Ø Familiar with North Iraq and South Iraq statutory requirements</p><p>Ø Handle funds management and banking requirements</p><p>Ø Excellent interpersonal, communication and presentation skills</p><p>Ø Commercial and business awareness</p><p>Ø An analytical approach to work with high numeracy and sound technical skills</p><p>Ø Problem-solving skills and initiative</p><p>Ø Negotiation skills and the ability to influence others</p><p> </p><p>Ø Preferred fluency in written Arabic and English</p><p> </p>