JOB DESCRIPTION / ROLE
Key responsibilities
Prepare work program and budget pack for annual budgets (CAPEX/OPEX/Non-routine) and ensure it is accurately mapped in SAP.
Prepare budget revisions/supplementary budget and ensure appropriate justification and supporting documentation is valid and sufficient.
Prepare AFEs with accuracy and ensure the requested AFE follows policy and procedures.
Ensure compliance with and implementation of approved budget control procedures and work instructions.
Review reallocation journal/expenditure postings in SAP FI and advise proper allocation of AFE number and WBS element.
Work in close coordination with the cost, planning, and project team to ensure proper and timely recording of expenditure through service entry sheets.
Provide solutions to the project team on budget issues and ensure invoices are processed and returned to finance for payment within target dates.
Justify monthly and quarterly variance and ensure the reasons are valid and obtain mitigation measures from cost, planning, and project team.
Review the project status, CWIP, and completion certificates to ensure the capitalization process is in line with policy and procedures.
Participate in continuous improvement of budget control activities.
Capacity to prepare ad-hoc reports for specific budget and cost analyses when required.
Provide on-the-job coaching and development of staff.
Requirements
A university or college degree in financial accounting or CPA, ACCA, CGMA, or equivalent.
At least 7 years of relevant experience in project cost budget control.
Experience in the oil and gas industry is preferable.
Effective analytical and problem-solving skills with attention to detail.
Ability to adapt to changing priorities and manage multiple tasks simultaneously.
Performs routine duties independently and refers to line supervisors on non-routine work.
Working knowledge in SAP (e.g., PS, MM modules) is essential.
Good knowledge of MS Office applications and database, particularly in Excel and PowerPoint.
Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
