Primary purpose of job

• Review and finalize the Operating Expenditure and Recoveries Income Budget for QatarEnergy. Monitor actual expenditure against budget and finalizes periodic reports to Management.

Principal Accountabilities

• Perform detailed review of the Work Program & Budget and participates in budget review meetings for the timely finalization of Directorates/Corporate Departments annual budget.
• Perform detailed review of the Supplementary Budget, Budget Revisions and Budget Transfers for the timely approval of operating expenditure and recoveries income budget.
• Provide the required schedules, inputs and analysis for the Budget Book, Management Reports and Management presentations.
• Verify that expenditures are classified into the appropriate category (operating and capital expenditures) in accordance with QatarEnergy’s guidelines and procedures and relevant accounting standards.
• Review the actual cost against budget on a periodic basis and finalize quarterly cost variance report on key variances.
• Participate in monthly performance review meetings with Operations in coordination with Directorate of Strategic Planning and Policy and assists in preparing report for Corporate Leadership Team.
• Perform in depth review and due diligence about budget submissions and ensure that Departments/Directorates budget is maintained at an optimal level.
• Provide required information and clarification to State/External/Internal Auditors and takes necessary action to implement agreed recommendations on a timely basis.

Education, Experience & Skills

• Bachelor’s Degree in Accounting/Finance with Professional Qualification such as ACA, ACCA, CPA, CMA, CIMA etc. is mandatory.
• 8+ years of relevant work experience including Budgeting, Planning, Costing Management Accounting and Reporting, functions preferably in Oil and Gas Industry.
• Good interpersonal, problem solving, analytical, communication and presentation skills with knowledge of financial standards and models.
• Expertise in Microsoft applications and good working experience in integrated database system is essential.
• SAP knowledge is essential.