Finance Manager
Petroleum Development Oman (PDO)
Employer Active
Posted 1 hrs ago
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
Principal Accountabilities
- Upstream Project End-to-End Financial Management
- Own full-cycle financial control for the oil & gas exploration, development, and production lifecycle, including accurate tracking, accounting, and control of CAPEX and OPEX under the PSC.
- Manage crude sales revenue recognition, production volume reconciliation, cost recovery, and profit-sharing calculations in strict compliance with the PSC and sales agreements.
- Drive granular cost optimization for well operations, block development, and unit production costs, partnering with operations teams to deliver cost efficiency targets.
- Budgeting, Forecasting & Business Partnering
- Lead the end-to-end annual budget and rolling forecast process for the JV, covering all upstream operations, capital investment, treasury, and tax activities.
- Build and deliver regular financial performance analysis, tracking impacts of oil price, production volume, cost, and foreign exchange movements on profitability and cash flow, providing actionable insights to the management and partners.
- Effective management to optimize inventory management processes, including demand planning, inventory control and stock replenishment.
- Provide economic modelling, and risk assessment for major capital investments, commercial contracts, and procurement tenders, issuing clear financial recommendations for business decisions.
- Oversee full cash flow management for the JV, including short and long-term cash flow planning, payment execution control, and ensuring sufficient liquidity for ongoing upstream operations.
- Internal Controls, Risk & Team Leadership
- Design and implement a healthy internal control framework, covering all financial workflows to mitigate fraud, operational, and compliance risks.
- Lead, develop, and manage the JV finance team, drive talent development and Oman workforce requirements in line with local labor laws, and foster a high-performance, compliant team culture.
Company Industry
- Oil & Gas
- Petroleum
Department / Functional Area
- Finance
- Treasury
Keywords
- Finance Manager
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Petroleum Development Oman (PDO)
https://www.petrojobs.om/en-us/Pages/Job/Details.aspx?i=2854630