MIDAD Energy
"Energy company based in Madrid is seeking talented professionals to join our dynamic team and fill the following position, contributing to innovative projects across Spain and North Africa. If you are passionate about driving excellence in the energy sector, we invite you to explore this exciting opportunity."
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-------------- Management Controller / Madrid --------------
Location: Madrid, Spain
Job Summary:
The Management Controller will drive financial performance and operational efficiency for our operations in Spain and North Africa, with a focus on budgetary control, cost analysis, and financial reporting. This role is responsible for aligning financial objectives with business strategies, ensuring cost optimization, profitability, and compliance with local and international standards. The Management Controller will work closely with operational teams, finance, and senior management to provide data-driven insights and support strategic decision-making.
How to Apply:
* Please send your CV and a brief cover letter to [recruitment@midadenergy.com] with the subject: "Management Controller – Madrid".
* Only shortlisted candidates will be contacted.
Key Responsibilities:
1. Budgetary Control & Forecasting
* Develop, monitor, and control annual budgets for operations in Spain and North Africa, in collaboration with department heads (e.g., production, logistics, engineering).
* Analyze variances between forecasts and actual performance, and propose corrective actions.
* Support financial forecasting and long-term strategic planning for regional operations.
2. Cost Analysis & Performance Evaluation
* Analyze operational costs (production, logistics, maintenance, etc.) to identify cost-saving opportunities.
* Evaluate project profitability (upstream, midstream, downstream) and recommend performance improvements.
* Track and report key performance indicators (KPIs) to management, using dashboards and financial models.
3. Financial Reporting & Compliance
* Prepare monthly/quarterly financial reports for senior management and stakeholders, highlighting performance, risks, and opportunities.
* Ensure compliance with Spanish accounting standards (PGC) and international standards (IFRS).
* Collaborate with auditors to facilitate internal/external audits and ensure transparency and accuracy in financial reporting.
4. Investment Control (CapEx/OpeX)
* Monitor and control capital expenditures (CapEx) and operational expenses (OpeX) for projects in Spain and North Africa.
* Assess investment profitability (ROI, payback period, NPV) and recommend optimizations.
* Work with project teams to ensure expenditures align with approved budgets and strategic goals.
5. Process Improvement & Digitalization
* Identify and implement improvements in financial processes (e.g., automation, digital tools).
* Develop financial analysis tools (Excel, Power BI, ERP systems) to streamline reporting and decision-making.
* Promote a culture of financial transparency and accountability across the organization.
6. Collaboration with Operational Teams
* Partner with operational departments (production, logistics, HSE) to align financial resources with business needs.
* Train and advise managers on budget management, cost control, and financial best practices.
* Participate in strategic meetings to provide financial insights for operational decisions.
7. Tax & Regulatory Compliance
* Ensure compliance with Spanish tax laws (e.g., Impuesto sobre Sociedades, IVA) and North African tax regulations.
* Collaborate with tax teams to optimize tax efficiency and mitigate risks.
* Stay updated on regulatory changes in Spain and North Africa, and communicate impacts to management.
8. Stakeholder Relations
* Communicate financial performance and insights to senior management, shareholders, and auditors.
* Represent the finance function in cross-functional projects (e.g., M&A, partnerships).
* Work with banks and financial institutions for financing, treasury, and cash flow management.
Qualifications:
Education:
* Bachelor's or Master's degree in Finance, Accounting, Business Administration, or Economics.
* Professional certifications (e.g., CMA, CIA, ACCA, or Spanish Controller Financiero qualifications) are a plus.
Experience:
* 5 to 10 years of experience in management control, financial analysis, or accounting, preferably in oil & gas, energy, or multinational corporations.
* Experience in Spain or Southern Europe is required; knowledge of North African markets is a strong plus.
* Familiarity with IFRS, Spanish GAAP, and tax regulations.
Skills:
* Strong financial analysis and modeling skills (budgets, forecasts, ROI, NPV).
* Proficiency in financial tools (Advanced Excel, Power BI, ERP systems like SAP or Oracle).
* Ability to work under pressure and meet tight deadlines.
* Analytical mindset and problem-solving skills.
* Excellent communication and stakeholder management skills.
Languages:
* Fluent in Spanish and English (mandatory).
* French or Arabic is a plus (for North African coordination).
Competencies:
* Budgetary Control & Forecasting
* Cost Analysis & Performance Evaluation
* Financial Reporting & Compliance
* Investment Control (CapEx/OpeX)
* Process Improvement & Digitalization
* Stakeholder Collaboration
* Tax & Regulatory Compliance
* Cross-Functional Teamwork