Senior Accountant | ADNOC Group

A well-known and well-reputed Company based in Abu Dhabi, United Arab Emirates is looking for an experienced, skilled, competent, mature, qualified, creative, and intelligent candidate with significant knowledge and relevant working experience for the position of “Senior Accountant”.

Job Purpose:

Support Manager, Business Finance (Sales Accounting) in preparation of sales related accounting and reporting including but not limited to assisting in the review, development and implementation of policies and procedures for handling contractual requirements. Support the manager in drafting, evaluation, negotiation and finalizing product sales agreements for ADNOC Gas.

Key Accountabilities:

• Review Products Sales Agreements to ensure that sales are in accordance with sales terms and conditions, assuring the financial interest are fully protected. and follows up any discrepancies to ensure that they are resolved to enable ADNOC GAS to receive payment without delay
• Review / prepare products sales invoices on timely basis for all customers, which requires care and accuracy, and check sales price computation. Prepare adjustment Debit/ Credit Notes to reflect any adjustments in the price/quantity.
• Scrutinize and ensure that sales invoices and related supporting documents are submitted to the Buyers to ensure timely payment
• Prepare month end and year end closing activities to ensure accurate and timely closing and all accruals are correctly booked
• Review / prepare invoices for recoverable costs to Group Companies and other third parties (e.g., accommodation, laboratory, workshop etc.)
• Review / prepare adjustment Debit/ Credit Notes on a timely basis to reflect price adjustments, verifying the actual prices, invoice values and delivered quantities.
• Review / reconcile monthly/yearly sales Vs production report and ensure all sales revenue are booked before month-end/year-end closing.
• Review/ prepare monthly sales management reports based on production report reconciliation.
• Produce & send S.O.A. to sales customers and perform the related monthly/yearly reconciliation and follow-up relevant confirmations.
• Review financial terms for draft agreement received from Marketing and ensure that it is in accordance with standard sales terms and conditions and send the comments to Marketing.
• Coordinate with Marketing to ensure that all information related to issuance of sales invoices are available on time.
• Respond to any queries from customers/other dept.

Budgets and Operational Plans

• Provide input for preparation of the Section / Team / Department budgets and assist in the implementation of the approved Budget and work plans to deliver functional objectives.
• Investigate and highlight any significant variances to support effective performance and cost control

Policies, Systems, Processes and Procedures

• Assist the implementation of approved Department policies, processes, systems, standards, procedures and internal controls in order to support execution of the Division work programs in line with Company and International standards.

Performance Management

• Contribute to the achievement of the approved Performance Objectives for the Section / Team / 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 in order to define intelligent solutions for issues confronting the function.

Health, Safety, Environment (HSE) and Sustainability

• 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 in order to define intelligent solutions for issues confronting the function.

Management Information Systems (MIS) and Reports

• Provide inputs to prepare Section MIS and progress reports for Company Management.

Communications & Working Relationships:

Internal

• Has regular work contacts with other personnel in the Finance and other Divisions as necessary.

External

• Has contacts with suppliers in relation to their invoices and related queries

Qualifications, Experience, Knowledge & Skills:

Minimum Qualification

• Bachelor’s Degree in Accounting / Finance or equivalent

Minimum Experience & Knowledge & Skills

• 8 years of experience in accounts of which at least 3 years in Senior capacity with in-depth knowledge of receivable & payables in an oil & gas or related industry.
• In-depth knowledge of SAP systems
• Knowledge of computer based integrated accounting system

Professional Certifications

• CA, ACCA, CPA, CMA, CIMA (Preferable)