Head of Budgeting
4 weeks ago
Job Description
Our Client a Major Energy Company require a Head of Budget - Operated JVs and Subsidiaries to be based in their offices in Doha, Qatar. The role will be offered on a Permanent basis with a negotiable monthly Salary and attractive benefits package for Single or Family Status.
Job Overview
As Head of Budget - Operated JVs and Subsidiaries you'll be responsible for managing the budgeting, cost monitoring, forecasting, reporting and cost control of the Company's Operated JVs and Subsidiaries including budgeting process, budget management, procedural governance, controls and collaboration with stakeholders
Responsibilities;
Manages the budget of Company's Operated JVs and Subsidiaries by entity including the budget consolidation at respective holding company level.
Manages the Annual Work Program and Budget process including issuance of budget guidelines, budget discussions, finalizing the WPB, management presentations and seeking Board approval.
Responsible for the integrity of BPC Integrated Budgeting Solution (BIBS) and managing the budget in SAP CO, FM and BPC modules including managing categories, scenarios, workflow approvals, budget locks, data source copy and inter module budget transfers.
Finalizes the required schedules, inputs and analysis for the Budget Book, Management Reports and Management presentations.
Ensures that adequate budgetary control mechanism is put in place including SAP controls, updated procedures, guidelines and standard operating practices.
Conducts in depth review and due diligence with regard to budget submissions and ensures that Departments/Directorates budget is maintained at an optimal level.
Verifies and endorses authorization for expenditure, supplementary budget, budget revisions and budget transfers for the timely approval in line with manual of authority
**Qualifications and Experience**:
Bachelor's Degree in Accounting / Finance with Professional Qualification such as ACA, ACCA, CPA, CMA, CIMA etc. is essential.
Over 10 years of experience preferably with at least 5 years in supervisory position with relevant work experience in a similar position including Budgeting, Planning, Costing Management Accounting and Reporting, functions preferably in Oil and Gas Industry.
Good analytical skills and knowledge of financial standards/models, business models and feasibility studies (IFRS, NPV, IRR, SWOT analysis, balance score card etc).
Good interpersonal, problem solving, analytical, communication, coordination, influence and presentation skills.
About Petroplan
Petroplan is the trusted, specialist global Talent Solutions partner of choice for employers and professionals in the Energy sector. Since 1976, Petroplan has been here to help people like you make the most of the opportunities available and find the best fit for you as an individual.
Over 10,000 placements in more than 55 countries for over 550 clients across 65 disciplines.
In an industry where skilled and experienced professionals are increasingly sought after resource, we appreciate the true value of what you have to offer. What's more, we understand that different things are important to different people in today's world of work - it's about making exactly the right connections for you as an individual.
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