General Accountant

5 hours ago

Ras Laffan Qatar Nakilat Full time $50,000 - $100,000 per year

Position: General Accountant

Reports To:  Finance Manager

Company : Qatar Fabrication Company

Location  : Ras Laffan / Qatar

**PREFERENCE WILL BE GIVEN TO QATARI CANDIDATES**

Primary Functions:

  • Manage the monthly closing cycle, including preparing the monthly review and reporting calendar and coordinating with the Project Controls department for key deliverables such as the Activity Report and POC. 
  • Oversee the approval process for McDermott invoices within the system, ensuring timely and accurate booking.This includes providing the correct Cost Centre and GL codes to the HR department for invoice processing and coordinating with the Project Controls department to validate project related invoices.
  • Prepare monthly actual vs budget report including DOE headcount report.
  • Oversee Project accruals.
  • Work closely with Yard Operations and F&M Dept for Actual cost and Forecast input.

Tasks and Responsibilities: 

  1. Liaise with multiple departments to ensure accrual inputs were accurate, reliable, and aligned with budget allocations.
  2. Ensure budget availability for accruals and service entry/GRN postings, to prevent delays in the monthly closing process and confirm that costs were properly budgeted and recorded as intended.
  3. Conduct ledger updates and ledger review to ensure all financial entries were accurately reflected, including the reversal of prior accruals and the proper cost reclassification to relevant projects. 
  4. Coordinate Purchase Order issuance for accruals across departments to maintain financial accuracy and accountability.
  5. Budget upload and re-allocation in SAP.
  6. Collaborate cross-functionally with various departments to support day-to-day cost control operations and maintain reporting integrity.
  7. Review monthly capex report provided by QFAB capex engineers and discuss with relevant parties if any issues.
  8. Work together with capex engineers to improve the yard capex report for more visibility and accuracy, including accuracy on depreciation forecast.
  9. Assist on statutory audit and liaise with auditors for any documents required and follow up with relevant parties if required.
  10. Work on monthly cash flow forecast update and work closely with cost controls, SCM, HR and review it with Finance Manager before submitting it to QFAB Management

Qualifications, Experience and Skills

Qualifications:

  • Bachelor's degree in Accounting.
  • Masters and/or professional certificates are a plus
  • Should have experience in offshore fabrication, with one of the reputable international companies in the industry

Experience: 

Minimum 8-10 years in the relevant role. 

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