About the Role
This position is integral to the preparation and consolidation of the annual Revenue, Operating, Manpower, Logistics, Marketing, Supply, and Trading budget, as well as participation in the Five-Year Business Plan. The role involves monitoring expenses to ensure adherence to budget limits and reporting to supervisors as required. Responsibilities also include preparing accruals and monthly payments, reconciling with the General Ledger, and facilitating cash flow preparation through collaboration with the Finance & Investment Directorate. Additionally, the role necessitates creating Client Financial Performance Reports and conducting periodic financial reporting and cost analysis.
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Job Specific Accountabilities
- Participate in the creation and consolidation of revenue budgets with Planning teams, ensuring adherence to formats, criteria, and policy guidelines.
- Calculate estimated costs from the Operating plan provided by various functions within the Marketing Supply & Trading Directorate.
- Update Budget records to include all expenditures related to Operating and Logistics Budgets for comprehensive analysis and reporting for both Directorate and Business Line.
- Prepare monthly, quarterly, and yearly financial reports, including reconciliation and variance analysis reports regarding sales and cost performance, participating in the Five-Year Business Plan development.
- Monitor expenses to ensure they are within budget limits, highlighting any variances from approved budgets and reporting to supervisors accordingly.
- Ensure proper processing and documentation through SAP or approved fiscal systems, ensuring that documents received by the Directorate are processed and sent to the Finance & Investment Directorate.
- Prepare accruals and monthly payments, reconciling them with the general ledger and forwarding necessary information to the Finance & Investment Directorate for cash flow purposes, including checking the trial balance and identifying uncharged expenses for the month.
- Monitor and input codes on the Directorate's sales invoices and payments, ensuring correct allocation to the company's financial system in alignment with payment agreements.
- Perform additional duties as directed by the Supervisor.
- Carry and document Client Financial Performance Reports.
Minimum Qualification
- Bachelor’s degree in Commerce, Accounting, Finance, or a related field.
Minimum Experience, Knowledge & Skills
- At least 6 years of experience in the Oil and Gas or Petrochemical Industry, with a focus on Marketing Budget, Contracts, Accounting, and Financial Analysis.
- Proficient knowledge of relevant accounting software.
Professional Certifications
