Cost Control Analyst

3 days ago


Ras Laffan Industrial City, Qatar Qatargas Operating Full time

**Job Posting Date**:8 Sep 2024

**Work Location**: Ras Laffan, QA

**Company**:QatarEnergy LNG

**Job Purpose**:

- Complete accounting, allocation, and planning and stewardship tasks for costs and expenditures for Qatargas operating and support groups. Provide first point of contact support for adhoc queries around finance & planning processes.

**Key Job Accountabilities - I**:

- Provide guidance on items that can be accrued under accepted accounting principles. Secure documentary evidence from the business supporting the accrual. Prepare & process journal entries in SAP. Prepare and process accounting journals and associated account reconciliations on behalf of cost centre owners.
- Provide guidance on SAP cost object usage to cost centre owners. Produce SAP cost object master-data requests in order to meet business requirements. Distribute SAP cost reports, process material correction journal entries where required.
- Provide guidance on cost allocation principles and allocation issues raised by cost centre owners. Compile allocation basis data and prepare cost allocation matrices for approval by cost centre owners. Submit approved matrices for processing in SAP. Conduct allocation basis reviews with cost centre owners periodically.
- Provide planning templates and distribute cost planning reports and analysis for use by line management. Provide guidance & assistance to cost centre owners on the cost planning process, timeline and completion of cost planning templates. Perform a review and conduct a challenge on assumptions and process cost plan data into SAP.

**Key Job Accountabilities - II**:

- Provide support to cost centre owners on cost governance issues on a user request basis. Prepare and establish an annual cost governance plan with Groups / Departments. Provide support for cost benchmarking activities as required.
- Contribute corrective actions to achieve corporate cost targets. Provide support for cost optimisation initiatives and activities as required.
- Provide first point of contact for adhoc queries around Finance processes (e.g. funding, payment processing, business controls, etc.).
- Establish that relevant Company cost and expenditure regulations and controls are observed, that work is performed error-free and that system integrity is maintained.

**Qualifications**:

- Bachelor’s Degree in Accounting or Commerce.

**Knowledge and/or Experience - I**:

- 3 years of accounting experience in a Finance Department.
- Demonstrated knowledge of accounting systems.
- Knowledge of financial recording and reporting tools.



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