Senior Analyst, Financial

Job purpose

Ensures the efficiency of data entry and manipulation of financial data. Administers and maintains various databases such as General Ledger, Fixed Assets, Accounts Payables, Currencies, and Chart of Accounts. Ensures the integrity of interfaces between Oracle Financials with ancillary systems, i.e., Maximo and HRMS. Supervises the monthly closing, data upload to the system, maintenance of General Ledger, and production of financial and cost reports.

Provides support to the Finance Division end users, Finance Away Teams, and ROs, ensuring the correct charge out in Oracle Financial Costing System in compliance with the accounting guide and adhering to various service agreements between the concessions. Participates in the implementation of finance-related system applications (new or upgrade) and the formation of business requirements of the company.

Provides training and support to Finance Division end users, away teams, and young UAE nationals. Designs, develops, and maintains financial reporting structure in Oracle Financials. Analyzes and proposes automation solutions to enhance the performance of financial processes. Performs assigned tasks related to scenario analysis and development of ad-hoc queries.

Key accountabilities

Job specific accountabilities

• Analyzing the integrity and classification of accounting code combinations requested by Finance Away Team and ROs.
• Defining code combinations based on the requirements of Finance Away Teams and ROs.
• Creating, updating, activating, and deactivating the segment values and code combinations in Oracle Financials.
• Managing Oracle for inventory, internal, and external commitments.
• Interfacing accounts payable and accounts receivable to Oracle Financials for actuals and commitments.
• Preparing monthly cost reports and quarterly/annual billing statements and budget reports in accordance with company guidelines and schedule.
• Contributing to the development and enhancement of reporting mechanisms and ensuring full utilization of the financial systems (Oracle Financial and Maximo).
• Preparing budget notifications and performance reports at business/service unit levels on a monthly, quarterly, and yearly basis.
• Designing budget and business plan templates and producing financial data for the 5-year plan for corporate planning.
• Ensuring the preparation and delivery of all financial and management reports to shareholders and company management in relation to activities of joint ventures and sole risks.
• Performing duties in a safe, professional, and efficient manner, complying with HSE requirements related to all job activities.
• Ensuring that subordinates perform their duties safely and are aware of related HSE procedures; encouraging them to report any unsafe conditions with respect to health, safety, and environment.
• Generating monthly trial balances for ADOF and concessions on a timely basis.
• Checking and reconciling relevant balance sheet accounts (including bank balances, advances to suppliers, and cash call position) with their respective supporting documents periodically. Investigating differences/reconciling items and preparing journal vouchers for necessary adjustments/corrections.
• Checking and reconciling interface reports (including payroll, accounts payable, and inventory) with general ledger reports. Investigating anomalies and preparing journal vouchers for necessary adjustments/corrections.
• Preparing cash calls for associated ventures after monitoring expenditure.
• Running allocations after checking that expenditure went to the correct pool and statistics received, then passing journals through Oracle.
• Preparing variances, if any, by comparing actuals by month and actuals against budget.
• Preparing draft quarterly and annual financial statements for ADOF and concessions in accordance with the accounting guide and IFRS. Ensuring that financial statement workings are prepared and updated to support drafting and finalizing financial statements.

Generic accountabilities

• Supervision: Plan, supervise, and coordinate all activities in the assigned area to meet functional objectives. Train and develop assigned staff on relevant skills to enable them to become proficient on the job and deliver respective section objectives.
• Budgets: Provide input for preparation of 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 to support execution of the section’s/department work programs in line with company and international standards.
• Performance management: Contribute to the achievement of 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 to define intelligent solutions for issues confronting the function.
• Health, safety, environment (HSE) and sustainability: Comply with relevant HSE policies, procedures, controls, applicable legislation, and sustainability guidelines in line with international standards, best practices, and company code of practices.
• Reports: Provide inputs to prepare section MIS and progress reports for company management.

Communications & working relationships

Internal

• Contacts with division managers in related financial matters.
• Contact with finance away teams, job officers, and division planners regarding all financial and budgeting matters.

External

• Contacts with concession holders.
• External auditors.

Qualifications, experience, knowledge & skills

Minimum qualification

• Bachelor degree in accounting and finance discipline.

Minimum experience & knowledge & skills

• 8 to 9 years of experience, including at least experience in finance and accounting areas, preferably in the oil and gas industry.
• Proficient in English.

Professional certifications

• ACA, ACCA, ACMA, or CPA.