Specialist Project Economics.Management Accounting & Reporting

KEY ACCOUNTABILITIES:

Description

Economic Evaluation and Capital Budgeting Decision Making

• Develop financial models and statistical techniques to evaluate existing strategic investments, future major capital projects for top management decision making.

• Identify cost optimization and revenue enhancement opportunities by analyzing internal financial and operational data including validation of calculations provided by the relevant departments.

• Ensure that financial evaluations contribute to Qatar Steel’s financial sustainability by identifying economic trends, risks, and opportunities in cost structures and revenue models.

• Support internal initiatives to enhance productivity, optimize resources, and drive economic efficiency within Qatar Steel.

Project Performance

• Assess the financial and economic feasibility of Qatar Steel’s capital and operational projects.

• Perform cost–benefit and cost-effectiveness analyses to optimize Qatar Steel’s existing projects and identify efficiency gaps.

• Evaluate economic performance indicators for internal projects and propose recommendations to improve financial sustainability and operational efficiency.

• Ensure that project evaluations align with Qatar Steel’s financial and strategic objectives.

• Post completion evaluation on the actual benefits of project after the project capitalisation.

Budgeting and Financial Planning

• Provide analytical support in budgeting processes, ensuring that economic insights contribute to more efficient financial planning.

• Monitor financial performance indicators relevant to internal economic assessments and make data-driven recommendations to optimize cost structures.

Continuous Improvement

• Identify and recommend continuous improvement initiatives based on economic insights, ensuring Qatar Steel remains competitive in cost efficiency and financial planning.

• Stay updated on global and regional economic trends, bringing industry best practices into internal evaluations.

Reporting

• Ensure that all sectional reports are prepared timely and accurately and meet Qatar Steel’s requirements, policies, and quality standards.

Related Assignments

• Perform other related duties or assignments as directed by the Manager Management Accounting & Reporting.

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

• Bachelor’s degree in Finance from a reputable university

• CFA (Chartered Financial Analyst) or similar credentials

• Software Proficiency: Building financial models in Excel, Project Management Software skills

Minimum Experience:

• Minimum of 7 years of experience in finance.

• Manufacturing/ steel industry experience is preferred.

Job-Specific Skills (Generic / Technical):

• Proficiency in English, Arabic is preferred

• Project management

• Stakeholder Engagement

• Financial Analysis

• Economic Evaluation

• Ability to provide strategic direction and swiftly adapt the plans in line with changing trends.

• Deep understanding of finance in manufacturing business and related industry.

• Strong communication and presentation skills.

• Excellent relationship building and negotiation skills.

• Excellent problem-solving skills.

• Excellent planning, organizational and time management skills.

Mandatory Requirement for Project Economics Specialist

• Should have a degree in Accounting, Financial Management. CFA (Chartered Financial Analyst) or similar qualification.

• “Corporate Finance Specialist” and Large Project Economics Experience, Large Project Evaluation, “Capital Budgeting” Experience.

• Should be seasoned expert and have specialist experience in Capital Budgeting and Investment decision making

• Should have relevant experience in evaluating large capital projects

• Should be an expert in Financial Modelling and Financial Analysis and have excellent understanding of Project Economics

• Should have experience performing company in Valuations

• Management Accounting experience is advantageous

• Steel Industry or similar or Oil and Gas industry experience will be given preference.