Management Accountant
Working Location
Doha, Qatar
Contract Type
Permanent
Job Purpose
Support the Financial Planning & Analysis Manager and Chief Financial Officer by delivering accurate management accounting, budgeting, cost analysis, performance reporting, and financial insights. Contribute to effective financial planning, cost control, and decision-making while ensuring compliance with company policies, IFRS, and governance requirements throughout project development and operational phases.
Key Responsibilities
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Management Accounting
- Prepare monthly management accounts and departmental financial reports.
- Maintain accurate cost centres, account allocations, and management reporting structures.
- Analyse operating expenditure (OPEX) and capital expenditure (CAPEX).
- Review journal entries, accruals, and prepayments affecting management reports.
- Support month-end and year-end closing activities.
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Budgeting & Forecasting
- Support the preparation of annual budgets and periodic forecasts.
- Collect, review, and consolidate departmental budget submissions.
- Monitor budget utilisation and identify significant variances.
- Update rolling forecasts based on operational requirements.
- Assist in preparing long-term financial plans.
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Financial Analysis & Performance
- Perform variance analysis against budget, forecast, and prior periods.
- Prepare KPI reports and financial dashboards.
- Identify trends, risks, and improvement opportunities.
- Provide profitability and cost analyses for management.
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Cost Management & Financial Control
- Monitor departmental spending against approved budgets.
- Support cost optimisation initiatives.
- Track project costs and report budget deviations.
- Review cost allocations and recommend corrective actions.
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Business & Commercial Support
- Support business cases, investment proposals, and financial feasibility studies.
- Assist in evaluating procurement and commercial initiatives.
- Provide financial information for Board papers and management presentations.
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Reporting & Compliance
- Prepare periodic management reports in accordance with IFRS and company policies.
- Support internal and external audit requirements.
- Ensure integrity, completeness, and accuracy of financial information.
- Maintain supporting documentation and financial records.
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ERP Systems & Process Improvement
- Utilise ERP systems for budgeting and reporting.
- Support improvements to financial reporting processes.
- Develop standard reporting templates and automated reports.
- Promote data accuracy and continuous process improvement.
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Risk Management
- Identify financial and budgetary risks.
- Support implementation of internal controls.
- Escalate significant financial issues to the FP&A Manager.
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Stakeholder Management
- Coordinate with Finance, Procurement, HR, IT, and Project teams.
- Provide financial support to budget owners and department heads.
- Respond to management requests for financial information.
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Policies, Systems, Processes & Procedures
- Develop and lead the implementation of Financial Planning & Analysis policies, systems, processes, procedures, and controls covering all areas of the assigned function.
- Ensure all relevant procedural and legislative requirements are fulfilled.
- Deliver quality, cost-effective service consistently.
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Change Management
- Lead the management of change through continuous improvement of department systems, processes, and practices.
- Take into account global standards and business environment changes requiring proactive action plans.
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Reporting
- Ensure all department reports are prepared timely and accurately and meet internal policies and quality standards.
Communications & Working Relationships
Internal:- Chief Finance Officer
- Financial Planning & Analysis Manager
- Management Accountant
- Financial Accountant
- Accountant - Account & Tax
- Assistant Accountant
- Function heads across the organisation
- Regulatory Bodies & Government
- Suppliers & Major Contractors
- Internal and External Auditors
- External Partners
- Investors
- Relevant Committees
Context, Work Environment & Decision Making Authority
- Operates within a dynamic project company environment, supporting budgeting, forecasting, management reporting, and cost control while working closely with the FP&A Manager and CFO to achieve financial objectives.
- Exercises professional judgement in preparing financial analyses, budgets, forecasts, and management reports, ensuring compliance with company policies, IFRS, and the Delegation of Authority.
- Recommendations affecting budgets, forecasts, financial performance, or significant business decisions are reviewed with the FP&A Manager and approved by the Chief Financial Officer before implementation.
Requirements
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Minimum Qualifications:
- Bachelor's degree in Accounting, Finance, or related discipline.
- Professional qualification (ACCA, CPA, CMA, or equivalent) is preferred.
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Minimum Experience:
- 5-7 years of relevant experience in management accounting, budgeting, forecasting, and financial reporting.
- Experience in the power, energy, EPC, or project-based environment is preferred.
- Experience using ERP systems such as SAP and/or Sage.
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Job-Specific Skills:
- Management accounting and cost accounting
- Budgeting, forecasting, and variance analysis
- Financial modelling and business reporting
- Strong knowledge of IFRS and internal controls
- Advanced Microsoft Excel; Power BI is an advantage
- Strong analytical, communication, and stakeholder management skills
- Ability to work under pressure and meet reporting deadlines