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  • Job reference: RMS0146567

Netback Accountant

  • Sector: Oil & Gas
  • Location: Doha
  • Job type: Permanent
  • Date posted: 21/08/2014
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our Client is a major petrochemical company in Qatar.

The Role:

Promoting cost transparency & ownership across the business, advising management of any threats or deviations to plan and recommend/monitor remedial actions via regular interactions/meetings
 Ensure the business control environment is maintained and operational, contract commitments & budget controls are in place
 Provide top class Management Accounting services to the team, including invoice verification & controls associated with PtP process and timely payment to Contractors.
 Provision of quality Financial Management information (including VOWD, Commitments & Latest Estimates)
 Ensure quality Management Accounting & Financial Control, which covers areas such as input to financial accounting and reporting, commitment control, Variations/Claims
 Provide support on key assurance processes and controls such as Risk Mgt and Mitigation
 Take initiative in timely and accurate reconciliation of Balance Sheet items
 Run efficient Finance processes such as Budgeting, Latest Estimate and month-end closure in the teams supported.
 Effectively communicate and liaise with colleagues in Teams supported.
 Promote the effective & efficient use of ERP system (SAP)

Specifically the tasks for the Netback Accountant will be as follows:-

 Calculation and verification of Actual Netback Unit Price
 Calculation and verification of Marketing Fee
 Verification and input into SAP of the Monthly deductibles submitted by the business
 Calculation of the advance (4 times a month) payment to 9 PEs
 Monthly Netback Reconciliation
 Preparation of the Monthly Netback Reports (Cashflow and Revenue) by PE
 Coordinate and be involved with the various annual audits

Essential Skills / Qualifications:
• The Netback process requires an excellent analytical and SAP skills and an in-depth understanding of the Netback process

• Effective communication and relationship management is required. Individual should promote the development of a strong cost management ethos, earn the respect of the team and support close integration of information and controls with the Finance Governance and Procurement teams.

• Courage to challenge respectfully; strong influencing and team working skills to work within a multi-discipline and multi-cultural team
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