Management Controller

MIDAD Energy

"Energy company based in Algiers is looking for skilled professionals to strengthen our local team and fill the following position, supporting our operations and growth in Algeria. If you are eager to make an impact in a dynamic and challenging environment, we encourage you to apply."

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Management Controller / Algeria

Location:
Algiers, Algeria

Job Summary:

The
Management Controller
is responsible for
driving financial and operational performance
within the company's operations in Algeria. This role focuses on
budgetary control, cost analysis, and financial reporting
to support strategic decision-making. The Management Controller ensures
cost optimization, project profitability, and compliance with local and international standards
, while collaborating with operational teams and management to align financial objectives with business strategies.

How to Apply:

• Please send your
  CV and a brief cover letter
  to [] with the subject:
  "Management Controller – Algiers"
  .
• Only shortlisted candidates will be contacted.

Key Responsibilities:

1. Budgetary Control & Forecasting

• Develop and monitor the annual budget
  for operations in Algeria, in collaboration with departments (exploration, production, logistics, etc.).
• Analyze variances
  between forecasts and actuals and recommend corrective actions.
• Contribute to financial forecasting and long-term strategic planning
  .

2. Cost Analysis & Performance Evaluation

• Analyze operational costs
  (production, logistics, maintenance, etc.) to identify optimization opportunities.
• Evaluate project profitability
  (upstream, midstream, downstream) and recommend improvements.
• Track key performance indicators (KPIs)
  and prepare dashboards for management.

3. Financial Reporting & Analysis

• Prepare monthly/quarterly financial reports
  for management and stakeholders, highlighting performance, risks, and opportunities.
• Analyze financial data
  (costs, margins, cash flow) to support decision-making.
• Ensure compliance
  with local accounting standards (e.g., Algerian Accounting Standards) and international standards (IFRS).

4. Investment Control (CapEx/OpeX)

• Monitor and control capital expenditures (CapEx) and operational expenses (OpeX)
  for projects in Algeria.
• Assess investment profitability
  (ROI, payback period) and recommend adjustments as needed.
• Collaborate with project teams
  to ensure expenditures align with approved budgets.

5. Compliance & Audit

• Ensure financial and tax compliance
  with Algerian regulations (e.g., Finance Law, Tax Code).
• Prepare documentation for internal/external audits
  and support audit processes.
• Work with legal and tax teams
  to optimize tax strategies and minimize risks.

6. Collaboration with Operational Teams

• Work closely with operational departments
  (production, logistics, HSE) to understand their needs and align financial resources.
• Train and advise operational managers
  on budget management and cost optimization.
• Participate in strategic meetings
  to provide financial insights for operational decisions.

7. Process Improvement

• Identify and implement improvements
  in management control processes (automation, digital tools).
• Develop financial analysis tools
  (Excel, Power BI, ERP) to streamline reporting and decision-making.
• Promote a culture of financial transparency and budgetary accountability
  within the organization.

8. Stakeholder Relations

• Communicate with senior management, shareholders, and auditors
  to explain financial performance and variances.
• Collaborate with local financial institutions
  for financing or treasury needs.
• Represent the finance function
  in cross-functional projects (e.g., acquisitions, partnerships).

Qualifications:

Education:

• Master's degree in Finance, Accounting, Management Control, or Economics
  (or equivalent).
• Professional certifications
  (e.g., CMA, CIA, DSCG, or equivalent) are a plus.

Experience:

• 5 to 10 years of experience in management control
  , preferably in the
  oil & gas, energy, or industrial sectors
  .
• Experience in Algeria or North Africa
  is a
  strong asset
  .
• Knowledge of IFRS and Algerian tax regulations
  .

Skills:

• Proficiency in financial tools
  (Advanced Excel, Power BI, ERP systems like SAP or Oracle).
• Financial analysis and modeling
  (budgets, forecasts, ROI).
• Ability to work under pressure
  and meet tight deadlines.
• Strong analytical and problem-solving skills
  .
• Excellent communication skills
  (written/verbal) to present complex data clearly.

Languages:

• Fluent in French
  (mandatory).
• Professional English
  (mandatory for reporting and communication with HQ).
• Arabic
  is a
  plus
  (for local interactions).

Competencies:

• Budgetary Control & Forecasting
• Cost Analysis & Performance Evaluation
• Financial Reporting & Compliance
• Investment Control (CapEx/OpeX)
• Collaboration with Operational Teams
• Process Improvement & Digitalization
• Stakeholder Relations