Analyst, Budget And Cost Control

Your tasks

Participate in the preparation and consolidation of annual revenue, operating, manpower, logistics, marketing, supply, and trading budget and participate in the five year business plan. Monitor expenses to ensure that they are within budget limits and report to supervisor accordingly. Prepare accruals and monthly payments; reconcile with general ledger and forward to finance and investment directorate for cash flow preparation purposes. Carry and document client financial performance reports. Prepare periodic financial reports and carry out cost analysis using different accounting codes for supervisor's review.

• Receive and calculate revenue budgets from the planning teams, check to ensure their conformity to formats, criteria, and policy guidelines.
• Receive the operating plan from the various functions of marketing, supply & trading directorate to calculate and add the estimated cost.
• Participate in the preparation, coordination, and consolidation of revenue, operating, manpower, logistics, supply & trading budget - both annual and five year plans for both directorate and business line.
• Update budget records to include all expenditures related to operating and logistics budgets for analysis and reporting for both directorate and business line.
• Prepare monthly, quarterly, and yearly financial reports, reconciliation/variance analysis reports pertaining to sales and cost performance for review. Participate in the five year business plan.
• Monitor expenses to ensure that they are within the budget limits. Highlight variances from approved budgets and report to supervisor accordingly.
• Follow up SAP and any other system approved by management ensuring documents received by directorate, processed, and sent to finance and investment directorate.
• Prepare accruals and monthly payments; reconcile with the general ledger and forward to finance and investment directorate for cash flow preparation purposes. This includes checking trial balance, identifying expenses not charged for the month, investigating, etc.
• Monitor and input codes to the directorate's sales invoices and payments to ensure proper allocation to the ADNOC financial system. Ensure that payments are as per agreements.
• Perform other related duties as directed by the supervisor.
• Carry and document client financial performance reports.

Requirements

Minimum Qualification Bachelor’s degree in commerce, accounting, finance or equivalent.

Minimum Experience, Knowledge & Skills

• 6 years of experience in oil and gas or petrochemical industry related to marketing budget, contracts, accounting and financial analysis.
• Very good knowledge of relevant accounting software.

Professional Certifications As applicable.