Senior Project Accounting Accountant

Qatarenergy

Employer Active

Posted on 6 Apr

Experience

5 - 7 Years

Job Location

Doha - Qatar

Education

Bachelor of Commerce(Commerce), Chartered Accountant(Chartered Accountant)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Key Job Accountabilities - I
  • Ensure that month-end, quarter-end, and year-end divisional activities are delivered following established guidelines and procedures, including taking the lead in addressing complex non-routine/ad hoc activity providing recommendations and ensuring resolution where an expert Project Accounting response is required.
  • Interface with internal and external clients to obtain complex and sensitive financial information and provide advice and guidance on commercial/shareholder agreements and construction of financial models to support billings, cash calls and budgeting activities.
  • Coordinate with Asset Accounting and Venture Controlling to ensure that related activities (close outs and shareholder reporting) represent the true financial picture.
  • Review and prepare internal and external Gross Cost/Operating reports and analyse direct and allocated project / operating cost and resolve any discrepancies that may be noted.
  • Review and provide analysis required for monthly gross cost review with CFO and attend to actions from meetings as required.
Key Job Accountabilities - II
  • Update project summary reports such as green book, well-wise reports, Internal Order (IO) vs Work Breakdown Structure (WBS) and cost tracker reconciliations. Review project cost, invoices, Service Entry Sheet (SES) for compliance with QatarEnergy LNG process and TOFA limits.
  • Analyse inventory movements to provide meaningful explanations. Assist in closure of shareholder queries when required.
  • Prepare and review project accruals and other accounting adjustment entries and prepare account reconciliations when necessary and address queries from venture control explaining significant variances against budget.
  • Prepare cash forecasts to meet cash requirements. Manage timely preparation of funding/cash calls/billing statements for the projects including analysis of actual cash expenditures vs cash call to optimize cash balances.
  • Develop WP&B inputs for all project and operating activities including headcount verification, expenditure phasing and validation with project plan. Compile Work Plan and Budget (WP&B) packs for management and provide meaningful analysis comparing pervious submission against current year WP&B.
Technical and Business Skills - I
  • Proficient in written and spoken English.
  • Computer literacy, including the use of Microsoft Office and business software programmes, networking and SAP.
  • Strong analytical skills.

Desired Candidate Profile

Job Purpose
  • Provide professional advice and guidance on financial, accounting, management accounting, tax, and related issues.
Qualifications
  • Bachelor s degree in an accounting, finance, economics or commerce discipline; or
  • Bachelor s degree in any discipline and an internationally recognised professional accounting qualification (ACA, ACCA, CA, CFA, CIMA, CMA, CPA).

Company Industry

Department / Functional Area

Keywords

  • Senior Project Accounting Accountant

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