Senior Accountant (cost Control) P&tc

Abu Dhabi, United Arab Emirates

Job Description

About Company

We are one of ADNOC\xe2\x80\x99s gas producers, a market leader in sour gas field development, and a major international sulfur producer. We have the capacity to produce over 1 billion cubic feet of sour gas per day.

We are a joint venture company between ADNOC, which owns a 60% share, and Occidental Petroleum (OXY), which owns a 40% share. We were established in 2010 to maximize the value of the Shah Gas Field. Since then, we have built a reputation as a reliable supplier of gas and one of the world\xe2\x80\x99s leading sulfur producers.

We are helping to deliver ADNOC\xe2\x80\x99s strategic imperative to increase the gas supply to the UAE. We aim to meet the growing gas requirements of the nation, and strengthen our position as a major international sulfur producer.

About the Role
  • Coordinate activities of the assigned staff performing supervisory responsibilities and ensuring compliance of the team with the set financial standards.
  • Supervise preparation of accurate and timely month / year end closing reports ensuring that all accruals are correctly booked.
  • Review control account falling under own responsibility in order to ensure that individual and collective accounts are well maintained and reconciled accordingly with subsidiary and general ledgers.
  • Scrutinize cost reports and ensure that costs are correctly allocated, variances are investigated and discrepancies are corrected.
  • Implement effective budgetary control at pre-expenditure stage and monitor expenditure reports to ensure expenditures are within budget and any over-expenditure are authorized.
  • Verify and endorse invoices for suppliers in order to ensure that invoices are settled in compliance with contracting terms.
  • Verify and endorse payroll details (on / off cycle) ensuring that payments are made against duly authorized orders of payment and in compliance with approved policies and procedures of the company and that total payroll expenditure are in line with allocated budget requesting justification in case of variances.
  • Operate the company\'s bank accounts ensuring effective cash management and compliance with the company\'s regulations governing credit limits and risks. Reconcile the company\'s records with bank statements.
Supervision
  • Plan, supervise and coordinate all activities in the assigned area to meet functional objectives.
  • Train and develop the assigned staff on relevant skills to enable them to become proficient on the job and deliver the respective section objectives.
Budgets
  • Provide input for preparation of the Section / Department budgets and assist in the implementation of the approved Budget and work plans to deliver Section objectives.
  • Investigate and highlight any significant variances to support effective performance and cost control
Policies, Systems, Processes & Procedures
  • Implement approved Section / Department policies, processes, systems, standards and procedures in order to support execution of the Section\xe2\x80\x99s / Department work programs in line with Company and International standards.
Performance Management
  • Contribute to the achievement of the approved Performance Objectives for the Section / 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
  • Comply with relevant HSE policies, procedures & controls and applicable legislation and sustainability guidelines in line with international standards, best practices and ADNOC Code of Practices.
Reports
  • Provide inputs to prepare Section MIS and progress reports for Company Management.
Qualification and Experince

Bachelor Degree in Accounting / Finance

8 years of experience, including at least

Minimum Experience, Knowledge & Skills

8 years of experience, including at least

Revenues/ Budget: As per approved financial budget
Direct Reports: As per organization chart
Indirect Reports: As per organization chart

ADNOC

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Job Detail

  • Job Id
    JD1610273
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned