Thursday, 13 March 2014

Accounts Supervisor Job Opportunity in Dubai

Job Title:    Accounts Supervisor
Job Ref.:    1041
Job Location:    Dubai
Employer:    Crescent Petroleum
Job Type:    Permanent

About Us
Crescent Petroleum has been operating as a regional upstream oil and gas company in the United Arab Emirates for almost forty years. It began its activities in the early 1970’s and was the first regional, independent, privately-owned Middle Eastern petroleum company to engage in the acquisition, exploration and development of petroleum concessions; and the production and sale of crude oil, petroleum products and natural gas.

It is headquartered in Sharjah in the UAE, with international offices strategically located in the UK, Iraq and affiliate office in Egypt. Crescent Petroleum traces its origins to Buttes Gas & Oil Co. International Inc., a wholly owned subsidiary of Crescent Petroleum and holder of a Concession granted in 1969 by the Sharjah Government, pursuant to which the Mubarek Field was discovered offshore Sharjah in the early 1970’s. By the mid-eighties the Crescent Petroleum Group was fully established, appropriately reorganized, and making its mark on the international energy scene.

Job profile:
Oversee financial operations by monitoring and approving financial transaction processing, internal & external reporting including budgeting, facilitate auditing; supervising staff on accounting matters.

Job Requirements:

  • Accounting, Preparation of financial statements, Supervision and a good team player, Audit handling, Managing Processes, Reporting Results, Quality Management, Developing Budgets, Excellent MS office skills (including Access, Power Point etc)

Educational Qualification:
  • Minimum BCom/MCom CA (inter) or other related professional certification would be an added advantage.
  • Experience with at least 10 years of post-qualification experience at the required level as above, of which at least 5 years preferably in upstream Oil & Gas industry.

Job Duties:
  •     Accomplishes objectives by training, assigning, scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning, monitoring, appraising job performances; adhering to policies and procedures.
  •     Contribute financial information for strategic planning and reviews; resolving problems; identifying system and process improvements.
  •     Provide extensive support on budget preparation (annual, mid-year reviews etc); monitoring expenditures; identifying variances; propose corrective actions proactively.
  •     Effective treasury management by maintaining cash flow information by monitoring bank balances and cash requirements; investing any temporary surplus funds in deposits, in accordance with group policies.
  •     Prepare cash-call to partners under respective JV/Shareholder Loan Agreement framework
  •     Perform/support in monthly financial closing of books and related billings and/or reporting to partners, Government under agreed framework
  •     Approve vendor disbursements by verifying check amounts against invoices, authorizing checks and wire transfers.
  •     Facilitate, assist and support internal & external auditors (including JV, Government auditors).
  •     Prepare financial consolidation and related financial statements under IFRS framework for audit.
  •     Verification employee related expense claims in line with company policy and procedures.
  •     Protection of confidential information and maintains security of financial information by adhering to strict internal controls.
  •     Focused on job knowledge enhancement by identifying and participating in appropriate training programs in line with the corporate requirements;

Deadline Date: 27/03/2014