Job closed
Ref: GP403-914
Job description / Role
About the Job
- Participate in the preparation and consolidation of annual Revenue, Operating, Manpower, Logistics, Marketing, Supply and Trading budget and participate in the Five Year Business Plan.
- Monitor expenses to ensure that they are within budget limits and reports to supervisor accordingly.
- Prepare accruals and monthly payments; reconcile with General Ledger and forwards to Finance & Investment Directorate for cash flow preparation purposes.
- Carry and document Client Financial Performance Reports
- Prepare periodic financial reports and carry-out cost analysis using different accounting codes for supervisor's review.
Key Accountabilities
- Receive and calculate revenue budgets from the Planning teams, check to ensure their conformity to formats, criteria and policy guidelines.
- Receive the Operating plan from the various Functions of Marketing Supply & Trading Directorate to calculate and add the estimated cost. Participate in the preparation, coordination and consolidation of Revenue, Operating, Manpower, Logistics Supply & Trading budget- both annual and Five Year Plan's for both Directorate and Business Line.
- Update Budget records to include all expenditures related to Operating and Logistics Budgets for analysis and reporting for both Directorate and Business Line.
- Prepare monthly, quarterly and yearly financial reports, reconciliation/ variance analysis reports pertaining to sales and cost performance for review. Participate in the Five Year Business Plan.
- Monitor expenses to ensure that they are within the budget limits. Highlight variances from approved budgets and reports to supervisor accordingly.
- Follow up SAP and any other system approved by management ensuring documents received by Directorate, processed and sent to Finance & Investment Directorate.
- Prepare accruals and monthly payments; reconcile with the general ledger and forwards to Finance & Investment Directorate for cash flow preparation purposes. This includes checking trial balance, identifying expenses not charged for the month, investigating, etc.
- Monitor and input codes to the Directorate's sales invoices and payments to ensure proper allocation to the ADNOC financial system. Ensure that payments are as per agreements.
- Perform other related duties as directed by the Supervisor.
- Carry & document Client Financial Performance Reports
Requirements
Minimum Requirements
- Bachelor's Degree in Commerce, Accounting, Finance or equivalent.
- At least 6 years of experience in Oil and Gas or Petrochemical Industry related to Marketing Budget, Contracts, Accounting and Financial Analysis.
- Highly proficient in using relevant accounting softwares.
About the Company
We are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification.
We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.
Since 1971, we have created thousands of jobs, driven the growth of a diverse knowledge-based economy, and played a key role in Abu Dhabi’s global emergence.
Today, we continue to look for new and innovative ways to maximize the value of our resources, pioneering those approaches and technologies that will ensure we are able to meet the demands of an ever-changing energy market, and continue to have a positive impact on the Abu Dhabi economy for generations to come.