País
Iraque
Cidade
BASRA
Local de trabalho
BASRA-RATAWI HUB(IRQ)
Empresa empregadora
TotalEnergies EP Ratawi Hub
Domínio
Finanças
Tipo de contrato
Contrato Duração Indeterminada (CDI)
Experiência
Mínimo 10 anos

Context & Environment

This role supports the financial governance of the Ratawi Joint Venture (JV) within a complex, multi-billion-dollar energy project in Iraq. Acting as deputy to the Head of Budget & Reporting JV & State, the position ensures compliance with the Joint Operating Agreement (JOA) and Development and Production Contract (DPC), while leading budgeting, reporting, and audit activities. It is critical for maintaining transparency with partners and authorities, managing cost recovery, and supporting strategic financial planning. The role also strengthens internal controls, oversee SOX compliance, and fosters team development, making it central to the JV’s financial integrity and operational success.

Atividades

Activities to be carried out include, but not limited to:

 

Joint Venture Finance Activity:

 

  • Act as deputy of the head of the head of the budget & reporting JV & State
  • Supervise and train/coach the JV finance team 
  • Under the supervision of the Head of Budget & Reporting JV & State, ensure the finance aspects of the Ratawi JV assets are administered in line with the DPC and JOA.
  • Drive the planning and preparation of the Partners’ and Authorities Budgets and associated revisions, in liaison the Business Asset Management, the affiliate and the projects teams.
  • Supervise the timely submission of various contractual statements for Partners & Authorities such as Cash Calls, Joint Interest Billings (JIBs), Cost Recovery Statements, Work Program & Budget Book, etc
  • Provide timely responses to all queries from Partners and Authorities on the contractual statements.
  • Responsible for the quarterly update meetings to management reporting, partners and authorities for Operated assets and consolidate financial presentations.
  • Participate in Governance review meetings for Partners and Authorities as well as associated pre-alignment meetings. Facilitate the smooth conduct of HRMs, OCMs and ACMs.
  • Manage historical data on budgets, expenditures, approvals, and funding of Joint Operations by Partners and ensure consistency in reporting.
  • Anticipate, prepare, adapt, and manage relevant financial models for different phases of project development including cost recovery.

 

Audit Activity:

  • Responsible to prepare and follow up on both Partner Joint Venture as well government representative audits and support Cost Recovery audits.
  • Ensure Compliance with provisions of contracts and Delegation of Authority.
  • As a SOX control owner, perform and evidence and document all assigned SOX controls required to achieve SOX compliance.
  • Plan engagements with relevant Partners and ensure compliance with JOA terms.
  • Ensure all queries are attended to timely and provide all justifications for expenditure required. Control-check the quality of the documents, working papers and schedules provided by the various internal departments to auditors to ensure consistency with pre-reported information.
  • Moderate responses to auditors’ information requests to ensure description, format and presentation styles of responses provided meet auditors’ expectation and the information is understandable.
  • Track all accepted JV audit recommendations, clear open audit items and issue reports to Management, and follow up to ensure implementation.

Policies & Procedures:

 

  • Implement and update all JV finance related policies, procedures, and manuals in line with the Group standards, DPC and the JOA ensuring they meet accounting best practices, statutory requirements and changing business requirements on the CMS.
  • Build, implement and maintain the reporting and methodology to ensure the timely cost recovery and to provide cost analysis to the Directors and Budget holders.
  • Participates in and promotes the implementation of billing invoice model in coordination with the accounting team.
  • Actively participate in partners as well as the authorities’ representatives’ meetings to ensure knowledge, best practices and communication is maintained across the company ensuring practices are according to Company standards / procedures and the JOA.

Others:

  • Contribute to the successful implementation of a robust internal control framework within the subsidiary with due respect given, in its area of action and competence, to Sarbanes-Oxley Act and Total group policies and specifications.
  • Document procedures and manuals for tasks with in the job holders perimeter

General accountability

  • Act as deputy of the head of the head of the budget & reporting JV & State.
  • Supervise, train and coach the JV finance team.
  • Manages (within his/her perimeter) the JOA financial deliveries and ensures that budgets/forecasts are realistic and respected, cost reports are produced timely with accurate and pertinent analyses.
  • Gives assistance and financial advice to budget holders concerning their budget, forecast and realization of costs and necessary improvements -cost related- recommendations.
  • As part of the Finance Division ensures the respect of financial procedures.
  • Provide, as CO Key-User, coordination of the level one support


Perfil do Candidato

  • Minimum 10-15 years’ experience in finance in Oil & Gas and in multiple activities. Experience in the  Iraqi context  is a plus.
  • Bachelors Degree in Accounting, Finance, or other business-related disciplines.
  • Expert knowledge of systems, Microsoft office (Excel, Power Point and Word) and SAP ERP.
  • Strong analytical skills. 
  • Excellent communication and interpersonal skills. 
  • Fluent in both oral and written English. French and Arabic are a strong plus.

Informações Adicionais

General Context

Ratawi Hub is an affiliate steering and implementing $10 billion investment in 4-in-1 multi-energy and multi-branch Growth Gas Integrated Project (GGIP) in Basra region of Iraq. GGIP consists of: Common Seawater Supply Project (CSSP) – to treat 5Mbwpd of seawater for water injection to oil fields, Associated Gas Upstream Project (AGUP) and Gas Mid-stream Project (GMP) – to produce 210kbopd at plateau and to supply gas to 1.5GW of power generation capacity, growing to 3GW in 2nd phase, Solar Power Plant (APP) – to supply 1GW solar electricity. The sub projects are run in parallel and are at various stages of advancement.

The position holder shall be able to fulfill and execute the activities below.

Acting as deputy of Head of Budget & Reporting JV & State




TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.

Context and Environment:

GGIP is a first-of-its-kind pioneering multi-energy project representing 27 B$ investment over 30 years for TotalEnergies and its partners This project involves; 1.Oil development project (‘AGUP’)to increase current Ratawi field to 210 kbpd .(2) Collection and treatment of 600 MMscf/d of associated gas (‘GMP’) that would otherwise flare, reducing the flaring level in Basra region and provide additional 480 MMscf/d of gas to the national grid and 3,600 tons per day of LPG to supply the Iraqi domestic market. (3) Development of a 1 GW solar power plant (‘SPP’), one of the largest in the Middle East, increasing power capacity in Basra region by more than 30%. (4) Construction of sea water treatment plant of 5 million of water barrels per day (‘CSSP’) to increase South Iraq crude oil production by up to 1 million barrels oil per day and freeing the use of freshwater from rivers and aquifers to preserve irrigation sources for agricultural needs.