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WTS Energy

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Finance Manager

March 14, 2023

Job Description

The Finance Manager will be responsible for managing all financial matters related to the Romania organization. This is a key senior position who will work closely with the Company executive team and the President of the Company in Romania in setting the strategy for the Romanian subsidiary and adhering to this strategy.

The Finance Manager will develop a finance function in Romania commensurate with the operations in Romania, will work closely with the Group finance team in addressing the financial reporting requirements of a publicly traded company and will be responsible for the internal control environment in the organization to ensure processes, procedures and controls are adequate to support a publicly listed company.

 

Role and Responsibilities

  • The Finance Manager will be responsible for managing all financial matters related to the Romania organization. This is a key senior position who will work closely with the Company executive team and the President of the Company  in Romania in setting the strategy for the Romanian subsidiary and adhering to this strategy.
  • The Finance Manager will develop a finance function in Romania commensurate with the operations in Romania, will work closely with the Group finance team in addressing the financial reporting requirements of a publicly traded company and will be responsible for the internal control environment in the organization to ensure processes, procedures and controls are adequate to support a publicly listed company.
  • This position will be responsible to transition the statutory reporting in house.
  • This position will also assume the responsibility to oversee the annual budget process and subsequent reporting of results against budget, including analysis and reasoning for variances, as well as the monthly forecasting of results and cash balances. 
  • The Finance Manager will also oversee the AFE process, including economics of projects and availability of funds to meet commitments, oversee the tax process including reporting, filings and audits, and oversee the insurance process, working closely with the Group’s office. It is expected that this position will develop monthly reporting packages and procedures for the dissemination of financial information to the executive team.
  • The Finance Manager will be a key interface with the Company  executive team.
  • This position is expected to build and maintain strong relationships with auditors, lawyers, bankers, other professional advisors and industry players.

Qualifications and Education Requirements

  • Professional accounting qualification required.
  • Expert knowledge of and experience in the oil and gas business in Romania.
  • Fluent English speaker.

Preferred Skills

  • Strong leadership skills.
  • Excellent written and spoken communication skills and strong presentation skills both internally and, as required, externally. 
  • Ability to effectively coach and mentor staff to enhance performance.   
  • Ability to be hands on and detailed where required as to ensure the financial numbers are well understood and communicated. 

Ability to assimilate information and communicate to the executive team in a succinct manner.

 Ability to identify, introduce and implement change.

 Ability to be proactive and contribute to the running of the Romanian  office.

 

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