SENIOR ANALYST, FINANCIAL

Job Purpose

Key Accountabilities

• Analyzing the integrity and classification of Accounting code combination requested by Finance Away Team and RO’s.
• Defining code combination based on the requirement of Finance Away Teams and RO’s.
• Creating, Updating, Activating and Deactivating the Segment Values and Code Combinations in Oracle Financials.
• Oracle for Inventory, Internal and External commitments.
• Interface Accounts Payable and Accounts Receivable to Oracle Financial for Actual and commitments.
• Prepare the monthly cost reports and quarterly/annually billing statements and Budget reports in accordance with the Company guidelines and schedule.
• Contributes in development and enhancement of reporting mechanism and ensures the full utilization of the Financial Systems (Oracle Financial and Maximo).
• Prepare Budget Notification and Performance Report at business/ service units level on monthly/ quarterly/ yearly basis.
• Design Budget and Business Plan templates and produce financial data for 5 Year Plan for corporate planning.
• Ensure the preparation and Delivery of all Financial and Management Reports to the Shareholders and Company Management in relation to activities of Joint Venture and Sole risks.
• Performs duties in a safe, professional and efficient manner, complying with the HSE requirements related to all the job activities.
• Ensures that subordinates are performing their duties in a safe manner and that they are aware of the related HSE procedures; encourages them to report any unsafe conditions with respect to Health, Safety & Environment.
• Generates monthly trial balance for ADOF and Concessions on timely basis.
• Checks and reconciles relevant balance sheet accounts (including bank balances, advances to suppliers, and cash call position) with their respective supporting documents on periodic basis. Investigate differences / reconciling items and prepare journal vouchers for necessary adjustments / corrections.
• Checks and reconciles the Interface Reports (including the Payroll, Accounts Payable and Inventory) with the General Ledger reports. Investigate anomalies and prepare journal vouchers for necessary adjustments / corrections.
• Preparing Cash Call – for associated venture after monitoring of expenditure.
• Run the Allocation after checking the expenditure went to correct pool and statistic received, and then pass journal through oracle.
• Prepare variances if any - by comparing Actuals by month and Actual against budget.
• Prepares the draft quarterly and annual financial statements for ADOF and Concessions in accordance with Accounting Guide and IFRS. Ensure that the financial statements workings are prepared and updated to support the drafting and finalizing the financial 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’s / 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.

Internal

• Contacts with Division Managers in ADNOC OFFSHORE related financial matters.
• Contact with FIN Away teams, Job Officers and Division Planners with regard to all financial and budgeting matters.

External

• Contacts with Concession Holders.
• External Auditors

Minimum Qualification

• Bachelor Degree in Accounting and Finance discipline.

Minimum Experience & Knowledge & Skills

• 8 - 9 years of experience, including at least experience in the Finance and Accounting areas, preferably in the oil/gas industry

Professional Certifications

• ACA, ACCA, ACMA or CPA.