Requirements
Perform accounting duties and supervisory functions related to verification, processing and control of accounting records including general ledger, payables, receivables and financial payments. Supervise preparation of accurate and timely month/year end closing reports. Review control accounts and scrutinize cost reports. Implement effective budgetary control and monitor expenditure reports. Verify and endorse invoices and payroll details. Operate company bank accounts and reconcile with bank statements. Requires a Bachelor degree in accounting/finance and 8 years of experience.
Description
Job description / Role
Job Type
Full Time
Job Location
UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Accounting & Audit
Company Industry
Oil & Gas / Energy
Job purpose
Perform accounting duties and supervisory functions related to verification, processing and control of accounting records including general ledger, payables, receivables and financial payments, records and documents.
Job specific accountabilities (part 1)
Coordinate activities of the assigned staff performing supervisory responsibilities and ensuring compliance of the team with the set financial standards.
Supervise preparation of accurate and timely month/year end closing reports ensuring that all accruals are correctly booked.
Review control accounts falling under own responsibility in order to ensure that individual and collective accounts are well maintained and reconciled accordingly with subsidiary and general ledgers.
Scrutinize cost reports and ensure that costs are correctly allocated, variances are investigated and discrepancies are corrected.
Implement effective budgetary control at pre-expenditure stage and monitor expenditure reports to ensure expenditures are within budget and any over-expenditure is authorized.
Verify and endorse invoices for suppliers in order to ensure that invoices are settled in compliance with contracting terms.
Verify and endorse payroll details (on/off cycle) ensuring that payments are made against duly authorized orders of payment and in compliance with approved policies and procedures of the company and that total payroll expenditure is in line with allocated budget requesting justification in case of variances.
Operate the company's bank accounts ensuring effective cash management and compliance with the company's regulations governing credit limits and risks. Reconcile the company's records with bank statements.
Job specific accountabilities (part 2)
(Details not provided)
Job specific accountabilities (part 3)
(Details not provided)
Generic accountabilities
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 communications & working relationships
Contact with line manager, peers and other employees within the company/group as required.
External communications & working relationships
Contact with external parties including consultants, third party service providers, and government agencies as required.
Minimum qualification
Bachelor degree in accounting/finance.
Minimum experience, knowledge & skills
8 years of experience, including at least:
Revenues/Budget: as per approved financial budget
Direct reports: as per organization chart
Indirect reports: as per organization chart
Professional certifications
As applicable.
Work condition, physical effort & work environment
Physical effort: Minimal
Work environment: Air-conditioned environment, could be exposed to the prevailing weather conditions like heat, humidity and dust during occasional site visits.
Additional details
Job family / sub family: Finance / Financial Accounts
About the Company
We are one of the world's leading energy producers, and a primary catalyst for Abu Dhabi’s growth and diversification.
We operate across the entire hydrocarbon value chain, through a network of fully-integrated businesses, with interests that range from exploration, production, storage, refining and distribution, to the development of a wide-range of petrochemical products.
Since 1971, we have created thousands of jobs, driven the growth of a diverse knowledge-based economy, and played a key role in Abu Dhabi’s global emergence.
Today, we continue to look for new and innovative ways to maximize the value of our resources, pioneering those approaches and technologies that will ensure we are able to meet the demands of an ever-changing energy market, and continue to have a positive impact on the Abu Dhabi economy for generations to come.
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