Senior Venture Control Accountant

1 month ago


Qatar QatarEnergy LNG Full time

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Job description: Job Purpose Provide professional advice and guidance on division specific financial, accounting, management accounting, tax, and related issues, whilst demonstrating a sound understanding of the underlying principles, concepts, and standards. Perform analyses and present financial data, both internally and externally. Key Job Accountabilities - I Perform the accounting of all revenues ensuring correct invoice coding. Perform month end reconciliation which reconciles volumes to the production allocation reports. Perform the quarterly price adjustment reconciliation and post the adjustment invoices and co-ordinate the monthly account reconciliation process and perform own account reconciliations.Review allocated and direct operating costs for reasonableness and review the monthly capacity usage reconciliation. Review lease postings for accuracy and reasonableness and ensure all cash calls are posted and accounted for correctly.Compile the cash forecasting for technical SAP companies by coordinating and reviewing input from other areas of finance and review cash forecast for reasonableness before sending to treasury. Perform the monthly tax calculation. Coordinate and review inputs from Asset & Materials, Allocation and Planning. Prepare for and calculate tax post TPOB regime expiry. Address working level queries raised by Shareholder representative.Contribute to the preparation of the annual financial statements, in particular drafting various financial notes and ensuring compliance with the most up to date IFRS reporting standards. Key Job Accountabilities - II Contribute to the preparation of Monthly Shareholder Reporting and query resolution from internal and external stakeholders. Produce the statistical reporting i.e., PPI report, QCB Report, Sales report, foreign investments survey, energy survey, and adhoc reports as required.Complete the monthly upload of the production volume data in BPC and associated revenues and ensure integrity of the inputs into the planning system.Contribute to the preparation of the annual budget and long-term business plan (WP&B).Co-ordinate the approval and implementation of master data requests, ensuring that the various reporting hierarchies are consistently updated with new accounts or amended mappingsEnsure a strong understanding of the compliance framework including standards of internal controls, addressing control gaps, and recommending process changes. Ensure an effective control environment is applied including application of Table of Financial Authority (TOFA). Qualifications Bachelor s degree in an Accounting, Finance, Economic or Commercial discipline; orBachelor s degree in any discipline and an internationally recognised professional accounting qualification (ACA, ACCA, CA, CFA, CIMA, CMA, CPA). Knowledge and/or Experience - I 5 years experience in the oil and gas industry.Strong knowledge of accounting systems.Strong financial knowledge in a range of areas including compilation and analysis.Strong commercial knowledge related to the oil and gas industry. Technical and Business Skills - I Proficient in written and spoken English.Computer literacy, including working knowledge of business software programmes such as EC, SAP and BPC.Ability to communicate effectively with internal/external clients.Specialised financial knowledge in a range of areas including consolidation, compilation and analysis.Strong analytical, organisational and planning skills.

Company Industry

  • Power Generation
  • Power Distribution
  • Energy
  • Nuclear Energy

Department / Functional Area

  • Accounts
  • Taxation
  • Audit
  • Company Secretary

Keywords

  • Senior Venture Control Accountant

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