Primary Purpose of
the Job (Finance Mandate)
To provide client with the professional insurance management
support that contributes towards the achievement of the company’s strategic
objectives. This includes advice and guidance on all aspects of insurance
awareness, management and control matters.
The incumbent has a key role in shaping and maintaining a
fit-for-purpose and responsive insurance strategy and framework that meets client’s
current and future corporate and project plans. Key responsibilities include:
Develop and implement a risk-based insurance
monitoring programme, identifying, assessing, monitoring and reporting all
material compliance risks.
Ensure that insurance procedures, systems and
controls are up-to-date and effective.
Maintain a thorough understanding of relevant
regulatory requirements to provide advice and guidance to senior managers
enabling them to implement compliant policies and procedures.
Contribute to discussions on new business
activities providing insurance expertise and advice ensuring regulatory and
operational requirements can be met, including the creation and approval of
accurate and timely policy document s, premium invoicing etc.
Provide regular awareness sessions to employees
on insurance related matters, including internal policies and procedures, the
application of standards and guidelines, and relevant laws and regulatory
requirements, promoting and enhancing a strong insurance culture.
Provide essential input as a senior member of
management and credibly challenge the management of current issues and the
development and implementation of strategy.
As a senior member of the CFO team, assist in
the recruitment, coaching and development of direct and indirect reports
Identify & drive improvement initiatives to
reduce duplication and achieve simplification and standardisation, where
Represent QPI, where applicable with third
parties (e.g. regulatory authorities, asset/venture partners) to maintain and
enhance QPI’s relationships, visibility and reputation.
Recognised professional qualification (e.g. CA),
university degree (covering accounting, finance, law and tax) or equivalent
At least 10 years knowledge and experience of
best practice insurance management and governance frameworks, methodologies and
Knowledge of energy investment projects and
Proven analytical and communication skills
Strong cultural awareness and proven ability to
operate, lead and influence in culturally diverse environment
A ‘can do’ attitude and ability to perform in
External parties (including other Shareholders, Banks,
Client and its subsidiaries; Client and its
The incumbent must:
Be able to communicate and operate effectively
at all levels of the organisation, regardless of seniority, discipline or
Have the ability and experience to develop
credible and sustainable relationships with QP/JV representatives and
affiliated organisations, oil and gas industry companies, investment banks,
third party advisors, suppliers and contractors as part of investment or
Be able to analyse and interpret complex
financial information and promote appropriate assessment and action
The incumbent must ensure that all tax related
information and associated activities meets and contributes to client’s
international business objectives
To deliver professional services in an environment with limited
availability of competent finance resources.
Develop and maintain a culture to attract and retain staff in a
constrained marketplace. Affinity with
mentoring and coaching of staff from various cultures in different locations is
essential. Respect for people and their
diversity of backgrounds, ideas and contributions. Interpersonal skills and the sensitivity to
cultural diversity issues will be a prime requirement for success in this job.
Environment: Ability to establish, operate and
maintain robust risk based controls frameworks in rapidly changing environment
poses special challenges on the internal control framework and
accounting/reporting. The need to
deliver, i.e. the “as is”, whilst at the same time anticipate the future, i.e.
“to be”, is a constant challenge. The
challenge of developing and maintaining controls require competence (confidence
/ experience) and right leadership behaviours in the team (to challenge / take
on the business).