Masdar Taaleri Generation (MTG) Serbia is a joint venture of world’s leading renewable energy companies UAE Masdar and Finnish Taaleri Energia that stand behind Cibuk 1, the largest wind farm in Serbia and Western Balkans with installed capacity of 158 MW.
We are progressing the development of renewable projects in Serbia and Montenegro (planned portfolio of 1.2 GW) and looking for a Financial Controller that would perform budgeting, monthly reporting, cost control, and accounting activities of MTG Serbia and companies with whom MTG Serbia has service agreements as well as management support in day-to-day administrative operations of the office.
KEY ACCOUNTABILITIES
Statutory accounting, management accounting, and internal controls
Accounting:
- Oversee Senior Accountant’s and Accountant’s work and, if needed, day-to-day book-keeping
- Cost allocation
- Preparation of the statutory financial statements of MTG Serbia and other companies with whom MTG Serbia has a service agreement under the International Financial Reporting Standards (IFRS) and Serbian accounting rules
- Preparation of monthly management accounting reports of MTG Serbia and companies with whom MTG Serbia has service agreements
- Preparation of monthly budget vs. actuals reports
- Preparation of the reports for the lenders
- Maintain relations and communication with the auditors
- Coordination of the year-end audit processes
- Communication with the lenders, shareholders, and stakeholders
Internal Controls:
- Ensure that all the finance procedures and policies are adhered to
- Improve internal control system if necessary
Payrolls:
- Control the calculation and payment of the payroll, benefits, and pensions procedure
Tax:
- Preparation/overseeing of the local VAT and income tax filings of MTG Serbia and companies with whom MTG Serbia has service agreements and ensuring other domestic regulatory compliance requirements are adhered to
- Communication with the tax advisors
Budgeting and forecasting exercises
- Participate in the annual budget and business plan development process of MTG Serbia, MTG Serbia’s projects, and companies with whom MTG Serbia has service agreements
- Manage the budgets, leading the ongoing re-forecasting processes, and manage any ad-hoc forecast requests
- Propose Financial Department KPIs and deliver against approved company annual KPIs
Commercial
- Manage the commercial relationships with the project development contractors and monitor and adhere to the commercial arrangements and obligations under the relevant agreements
- Manage the commercial relationships with the project delivery contractors and monitor and adhere to the commercial arrangements and obligations under the relevant agreements
- Manage the commercial relationships with the O&M contractors and monitor and adhere to the commercial arrangements and obligations under the relevant agreements
- Manage the commercial relationships with the customers: payment of invoices and follow-up of claims
Treasury
- Manage the project cash call requirements in coordination with the shareholders
- Oversee the cash management of the companies
Governance
- Participation in the development of comprehensive finance department policies and procedures, including but not limited to an accounting policy, capitalization policy, and fixed Assets policy
- Support the implementation of consistent and coherent governance processes, supported by appropriate methods and controls
- Provide assurance of the achievement of business financial objectives, and compliance with the policies, procedures, and standards of MTG Serbia
- Manage interactions with local advisors to meet local and statutory requirements
- Assist in the management of financial compliance matters
- Support the development and implementation of cost efficiencies and savings of MTG Serbia and companies with whom MTG Serbia has service agreements
QUALIFICATIONS, EXPERIENCE, & SKILLS
Required Qualifications:
- Fully qualified accountant with professional qualifications
- English language proficiency
Preferred Qualifications:
- Bachelor’s Degree in Accounting
- Qualified accountant, ACCA, ACA, CA
Preferred Experience:
- 10+ years of accounting and controlling experience
- Experience in a multinational/multicultural organization is a plus
Job-Specific Skills:
- Strong analytical skills and sound understanding of the process and transactional flows
- Extensive knowledge of IFRS, especially IFRS 9 and hedge accounting
COMPETENCIES
Performance Core Competencies:
- Business: Financial & Operational Effectiveness, Quality Results
- Behavioral: Teamwork, Communication
Corp. Technical Competencies:
- Business Strategy & Planning
- Project Budget monitoring and reporting
- Reporting & Performance Monitoring
Masdar Taaleri Generation
- Mutapova 7, Beograd, Srbija
- PIB: 111618919
- Matični broj: 21511501