Business Analyst for an Oil and Gas Company

Job description / Role

Business Analyst for an Oil and Gas Company in UAE

Job Description:

Budgeting and Business Plan:
• Work under the supervision of the Team Lead in preparation of Business Plan and Annual Budget
• Liaise with Budget Responsible Officers (BROs) for the preparation of department-wise Budget templates and consolidate inputs
• Prepare the 5 Year Work Program inclusive of the Annual Budget based on the data received from the various BROs and their teams

Financial Analysis and Cost Control:
• Must be experienced in executing budget plans
• Prepare Authorization for Expenditure (AFE) for Capex/Non-Routine Opex Expenditure projects
• Review Purchase Requisitions (PRs) to ensure all PRs are within the approved budget for Routine Expenditure and/or approved AFEs
• Manage the Funding Status for contracts – important that are proposed for Tenders and Contracts Committee approval

Monthly Closing and Reporting:
• Ensure financial integrity by conducting complete GL review and internal controls check as part of monthly closing activity
• Support the Finance Team in preparation of month-end accruals
• Prepare reports based on forecast
• Prepare monthly cost control reports
• Define KPIs related to cost

Financial Audit and Other Ad-hoc:
• Prepare audit schedules and coordinate with auditors of cost verification, analysis and testing

Requirements

• POSITION: Business Analyst
• SALARY: all-inclusive depending on experience and qualifications
• HIRING COMPANY: Oil and Gas company
• WORK LOCATION: UAE
• AVAILABILITY: Can join immediately
• EMPLOYMENT TYPE: Contract (1 year extendable)

Candidate Profile:
• Open to any nationality
• Male/Female, 45 years old and below

Education/Experience Required:
• Must be a qualified professional accountant – ACCA
• Minimum of 9-12 years of total work experience with at least 5-7 years in financial planning, budgeting, analysis, and reporting, 3-5 years from an Oil & Gas industry is a must
• Must know the different models used in budgeting and planning
• Authorization For Expenditure (AFE) is a must
• Skills in funding status for contracts is important
• Strong and latest IFRS knowledge; and KPIS skills is required
• Experience in using Maximo and Sun System is preferred
• Proficient with using Microsoft Office applications, particularly Excel and Word
• With demonstrated financial analysis and modeling skills
• Strong written and verbal communication with an extensive analytical mindset and excellent business acumen
• Extensive analytical skills in General Ledger review

About the Company

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