Job Purpose: Support the team and the Manager, Business Finance (Sales Accounting) in preparation of sales related accounting and reporting including but not limited to assisting in the review, development and implementation of policies and procedures for handling contractual requirements.
Key Accountabilities:
Support in the review Products Sales Agreements to ensure that sales are in accordance with sales terms and conditions, assuring the financial interest are fully protected. and follows up any discrepancies to ensure that they are resolved to enable ADNOC GAS to receive payment without delay
Assist in preparation of products sales invoices on timely basis for all customers. Prepare adjustment Debit/ Credit Notes to reflect any adjustments in the price/quantity.
Ensure that sales invoices and related supporting documents are submitted to the Buyers to ensure timely payment
Participate in month end and year end closing activities to ensure accurate and timely closing and all accruals are correctly booked
Prepare invoices for recoverable costs to Group Companies and other third parties (e.g., accommodation, laboratory, workshop etc.)
Prepare adjustment Debit/ Credit Notes on a timely basis to reflect price adjustments, verifying the actual prices, invoice values and delivered quantities.
Reconcile monthly/yearly sales Vs production report and ensure all sales revenue are booked before month-end/year-end closing.
Prepare monthly sales management reports based on production report reconciliation.
Produce S.O.A. to sales customers and perform the related monthly/yearly reconciliation.
Respond to any queries from customers/other dept.
Budgets and Operational Plans
Provide input for preparation of the Section / Team / Department budgets and assist in the implementation of the approved Budget and work plans to deliver functional objectives.
Investigate and highlight any significant variances to support effective performance and cost control
Policies, Systems, Processes and Procedures
Assist the implementation of approved Department policies, processes, systems, standards, procedures and internal controls in order to support execution of the Division work programs in line with Company and International standards.
Performance Management
Contribute to the achievement of the approved Performance Objectives for the Section / Team / Department in line with the Company Performance framework.
Innovation and Continuous Improvement
Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
Health, Safety, Environment (HSE) and Sustainability
Design and implement new tools and techniques to improve the quality and efficiency of operational processes.
Identify improvements in internal processes against best practices in pursuit of greater efficiency in line with ISO standards in order to define intelligent solutions for issues confronting the function.
Management Information Systems (MIS) and Reports
Provide inputs to prepare Section MIS and progress reports for Company Management.
COMMUNICATIONS & WORKING RELATIONSHIPS: Internal Has regular work contacts with other personnel in the Finance and other Divisions as necessary. External Has contacts with suppliers in relation to their invoices and related queries