Financial Manager

Job Description

Job Purpose
To lead and manage integrated finance, accounting, treasury, and financial reporting processes to ensure the accuracy and transparency of financial information, strengthen financial discipline and internal controls, optimize liquidity and financial resources, and support management and investment decision-making at the company and energy project levels.
Job Position
Job Title: Finance Manager
Organizational Unit: Finance and Funding Deputy
Organizational Level: Management
Reports To: Deputy of Finance and Funding
Employment Type: Full-time
Location: Tehran, Iran
Career Opportunity
To support the development of activities in investment, construction, and operation of thermal and renewable power plants, as well as the expansion of businesses in the energy industry, experienced and qualified professionals are invited to apply for the position of Finance Manager.
The role is responsible for leading financial and accounting processes, managing liquidity, controlling budgets, strengthening internal control systems, and preparing financial and management reports. It plays a key role in enhancing financial transparency, improving performance, and supporting management and investment decision-making.
Key Responsibilities
Lead and oversee financial accounting, management accounting, treasury, and financial reporting processes.
Supervise the preparation of periodic and annual financial statements, as well as analytical and management reports, in accordance with applicable accounting standards and legal requirements.
Plan, develop, and monitor operating and capital budgets in coordination with relevant departments; analyze variances and recommend corrective actions.
Manage and forecast cash flows, plan payments, control financial commitments, and follow up on receivables.
Oversee accounting for power plant projects, cost accounting, capital expenditures (CAPEX), operating expenditures (OPEX), and fixed assets.
Monitor the financial aspects of EPC and construction contracts, including progress payment statements, advance payments, statutory deductions, guarantees, and contractor settlements.
Establish, evaluate, and improve internal financial controls, accounting processes, and operating procedures.
Oversee tax and social security compliance, Taxpayer System requirements, and internal, independent, and statutory audit processes.
Monitor accounts and bank reconciliations, ensuring the accuracy, completeness, and reliability of financial records and information.
Prepare financial and performance reports for senior management, the Board of Directors, shareholders, general meetings, and regulatory authorities.
Support the preparation of financial information for subsidiary companies and provide data required for consolidated financial statements at the holding-company level.
Work with the Finance and Funding Deputy to analyze liquidity requirements, assess the financial feasibility of investment projects, and plan funding needs.
Lead, evaluate, and develop the performance and capabilities of the finance team.
Oversee the effective use of integrated financial systems and drive improvements in automated financial processes.
Ensure compliance with applicable laws, regulations, and organizational policies, while safeguarding the confidentiality of financial information.
Key Qualifications and Requirements
Education and Experience
Bachelor's degree or higher in Accounting, Auditing, Finance, or a related field.
At least 8 years of relevant professional experience in finance and accounting, preferably including at least 3 years in a managerial or supervisory role.
Strong knowledge of Iranian Accounting Standards, financial statement preparation and analysis, and management accounting principles.
Strong knowledge of tax laws and regulations, Value Added Tax (VAT), the Taxpayer System, the Commercial Code, and relevant Social Security regulations.
Proven experience in budgeting, budget control, liquidity management, working capital management, and financial variance analysis.
Specialized knowledge of contractor accounting, project accounting, EPC contracts, and cost management for capital projects.
Strong knowledge of internal controls, audit processes, fixed asset accounting, and account reconciliation.
Ability to prepare, analyze, and present financial and management reports to support senior management decision-making.
Advanced Excel skills and experience with integrated financial and accounting systems, particularly Hamkaran System's Rahkaran software.
Ability to lead a finance team, manage concurrent activities, solve problems, and communicate effectively with managers and organizational stakeholders.
Competitive Advantages
Experience managing the finances of power generation, infrastructure, and EPC projects.
Previous experience in investment holding companies, multi-entity organizations, or the energy and power generation sectors.
Familiarity with consolidated financial reporting and the financial processes of subsidiary companies.
Familiarity with project financing processes and experience working with banks and financial institutions.
Experience implementing, developing, or improving integrated financial systems and internal controls.
Hands-on experience with the finance and accounting, treasury, fixed assets, and project accounting modules of Hamkaran System's Rahkaran software.
Specialized Software
Hamkaran System's Rahkaran Software, particularly the Financial Accounting, Treasury, Fixed Assets, and Project Accounting modules.