Analyst, Financial

ADNOC Group


Date: 3 hours ago
City: Abu Dhabi
Contract type: Full time
About The Company

ADNOC Refining in the UAE based refiner with a global reach. Every year, we supply more than 40 million tons of high-quality refined products to markets around the world. We have been operating in Abu Dhabi for more than 40 years, playing a crucial role in serving both the ADNOC Group and the United Arab Emirates. Our facilities are jointly able to refine nearly a million barrels of crude oil and condensates per day. ADNOC Refining, a joint venture between ADNOC, Eni, and OMV. We operate the world's fourth-largest single-site refinery in the town of Ruwais in Abu Dhabi's Al Dhafra region. It is equipped with state-of-the-art machinery and managed by a highly experienced international workforce. Its unique location allows us to rapidly meet our clients' needs across Asia, Africa, Europe, and the Middle East. Domestically, we operate a pipeline network spanning 1,600 kilometres to ensure that local customers are supplied on demand.

About The Job

Undertake the activities of financial and accounting systems, including the preparation of the AR sites budget, budget performance reports and undertaking monthly/yearly financial closing activities.

Key Accountabilities

  • Collect Departments/sections budgetary requirements for the submission of operating and capital budget drafts, schedule and ensures the drafts are as per guidelines of Finance Division.
  • Prepare the operating and capital budget phasing for all sites Departments /Sections. Allocates Cost Centre for site budget requirements.
  • Prepare monthly cost variance reports.
  • Prepare recharge reconciliation statement for RAS, RSI, PTOD & other’s ensuring accuracy, compliance with the relevant agreement/contracts & financial principle provisions with OPCO’s/Third party customers and addressing the customers queries.
  • Prepare year end and month end accruals and coordinates with all divisions and departments for year-end closing activities.
  • Liaise with concerned department annually for the list of mothballed assets and reporting to FD-HQ.
  • Prepare capitalization and expensed forms for the completed and cancelled projects.
  • Prepare Assets Write offs & Assets Write back and disposal requests submitted by sites end-user departments.
  • Ensure availability of petty cash including liaising with Treasury Department as required.

Minimum Requirements

  • Bachelor Degree in Accounting / Finance.
  • At least 6 years of experience in accounting work, preferably in the oil, gas or petrochemical industry.
  • Experience in financial analysis, budgeting and accounting

24790

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