| Capital Expenditure Accountant - FINC | Abu Dhabi |
| Ref Code: HRR/052/2010 | Date Posted: 14-02-2010 |
Job Purpose & Scope:
1. Performs the preparation of annual Capital Budgets, 5-Years Business Plan, Financial Outlook and Periodical Reports (Monthly, Quarterly and Annual Billing Statements) which include Drilling, Projects and Equipment (Movable Assets) for all the ventures with ensuring their accuracy and conformity with the Accounting procedure and other management’s directives.
2. Reviews budget proposals prior to submission to the Budget Review Committee and recommends amendments as appropriate. Reviews budget contents and details in collaboration with Department Heads, provides advice and guidance and recommends the necessary amendments.
3. Performs the proper control of the Accounting activities of Assets and Capital Purchases, ensuring that adequately classified Memorandum of Assets are kept in line with Owners’ guidelines.
4. Develops, maintains and updates proper allocation system and procedure on Engineering Department’s management cost among project works across the ventures.
5. Performs the periodical review of the computerized accounting systems the established procedures and working method/media in CAPEX Section for the continuous enhancement and improvement and recommend their implementations and represent the section in a task force/a project team whenever it is formed to study and introduce a new computer application package on management accounting.
6. Performs the preparation of adhoc analytical reports on drilling and project expenditures for the management and the owners ensuring their accuracy and conformity with requirements.
7. Initiates and implements the section’s detailed work programs and schedules that will ensure agreed levels of service are achieved.
8. Performs duties in a safe, professional and efficient manner, complying with the HSE requirements related to all the job activities.
9. Ensures the UAE Nationals under the CAMS Program are trained and well familiarized with the activities in the section.
Minimum Requirements:
1. Recognized Accounting qualification ACA, ACCA, ACMA or CPA.
2. 8 years post qualification experience in Budgeting and Cost Control in a large oil company.
3. Very good knowledge of English.
