Accountant

PIPECARE Group is one of the leading in-line inspection companies worldwide with over 20 years of experience providing in-line inspection.

PipeCare Group is looking for an experienced Accountant who will review and monitor day-to-day accounting activities of PIPECARE and its Subsidiaries up to the issue of financial statements and will be reporting to the Regional Finance Manager.

Key Responsibilities & Authorities:

• Financial Reporting: Preparing, analyzing, and presenting financial reports to management that summarize the company’s financial performance. This includes the preparation of income statements, balance sheets, and cash flow as per IFRS Standards
• Cost Accounting: Developing and maintaining the company’s cost accounting system to ensure accurate product costing and pricing. This includes analyzing production costs, identifying cost-saving opportunities, and preparing reports on cost
• Budgeting and Forecasting: Developing annual budgets and financial forecasts for the company. This includes coordinating with other departments to obtain inputs and assumptions needed for budgeting and forecasting
• Inventory Management: Monitoring inventory levels and ensuring accurate inventory valuation. This includes conducting periodic physical inventory counts, reconciling inventory records, and identifying and resolving discrepancies
• Compliance: Ensuring compliance with accounting principles, legal regulations, and company policies. This includes staying up-to-date with changes in accounting standards and regulations and making necessary adjustments to the company’s accounting process
• Liaise with external auditors and provide necessary documentation for audit purposes.
• Analyze financial data and provide insights to the Finance Manager and senior manage Reviews
• Reviewing the schedule related to assets additional/deletion
• Reviews all accruals for expenses
• Allocation of tool capitalization costs
• Issue, Monitor and collect transfer pricing invoices for Leasing, Sales of spare parts, Trade mark, Patent and LIN Soft
• Processes insurance requirements
• Arranging bank guarantees, L/C’s and other to the bank
• Weekly meeting with the production manager to discuss any financial issues
• Timely preparation of financial statements and completion of audits
• Maintaining / reviewing periodically the financial policies/procedures and internal control system/procedures to make sure that his team considering that, and to raise the results report to the Regional Finance Manager
• Monitor and review accounting and related system reports for accuracy and completeness
• Analytical reviewing for the petty cash expenses and others cost and to raise the report to the Group Finance Manager
• Randomly get physical inventory items verified with books
• Monitoring the local Tax compliance and monthly report should be raised to the Regional Finance Manager
• Provide financial management support to the Finance Manager in areas such as financial analysis, budgeting, forecasting, financial reporting, and compliance
• Work closely with other departments to ensure accurate financial information is provided in a timely manner
• Develop and implement cost management strategies to optimize financial performance
• Assist in risk management activities to mitigate financial risks

Skills/Experience:

• BS degree in Accounting, CPA or equivalent certificate
• Minimum of 3 years of Accounting experience
• Experience within the Oil and Gas, Manufacturing or Contracting sector
• Payments, Collection, and invoicing control experienced

Physical and Mental Requirements:

• Lifting and Carrying: Ability to lift and carry up to 50 pounds
• Mobility: Must be able to walk and climb to perform duties, including maneuvering within a refinery or plant environment and accessing elevated platforms via ladders and stairwells
• Communication: Sufficient clarity of speech and hearing, or other communication capabilities, to communicate effectively
• Focus and Multitasking: Ability to maintain focus and multitask effectively
• Safety Equipment: Must be able to wear safety equipment as required by the safety department for personal protection, if/where needed in manufacturing environments.
• Personal Mobility and Reflexes: Sufficient personal mobility and physical reflexes, with or without reasonable accommodations, to perform office duties and travel to off-site locations when necessary