oil refinery accountant

Posted By Gulf Recruitments

monitoring Site Total Loss based on refinery intake, production, and own use figures to support the analysis of monthly site performance and understand the bottom line impact of the Mass Balance results

•Able to identify, investigate, and explain the root causes of gaps in the final result

•Can explain the impact of certain movements in the MB result and provide accounting support to FO to address issues and complex accounting situations

•Effectively communicates and discusses mass balance results, including identified and unidentified losses, with relevant stakeholders and obtains appropriate approvals as needed

•Thoroughly discusses and explains the impact of losses in the financial statements, what accounts are impacted and its value impact to Shell
• Understands how data is calculated and transferred from the oil accounting system through in-depth knowledge of the hydrocarbon financial accounts in the accounting system
•Able to identify the financial risks in the HMB process and develop corresponding mitigation plans
•Can explain and advise others on the components to complete mass balance and the impact of missed component in the refinery performance and financial statement
•Interfaces with business often to identify possible risks to HM including TA's, unplanned outages, tank issue, product quality problems, etc.
•Understands the risks associated with missed bookings and incorrect inventory valuations and has proper checks in place to eliminate errors
•Understands and implements corresponding financial controls associated with the Mass Balance process to mitigate financial reporting risks
•Understands control objectives, the risks it mitigates, and the implications of any control failure
•Able to provide assistance to audit reviews and effectively facilitate walkthroughs for the controls being performed
•Actively contributes in the Oil Loss meeting with stakeholders and gives valuable inputs on analysis and process improvements
•Capable of discussing with key stakeholders the monthly mass balance results and the contributing factors that lead to the results
•Able to lead MLCT meetings and helps drive performance by actively participating in identifying gaps and solutions, assigning accountability and deadlines to team members and facilitating implementation of resolutions
•Leverages, builds, and maintains cross-business relationships across different disciplines, and engages with the business to solve various CTM/HMB issues as they arise

•Continuously identifies and suggests improvements to existing processes (i.e. additional controls, automated reports, checklists, etc.) as identified in recurring site engagements via simplification and standardization (ESSA mindset)


Job Details

Posted Date: 2018-10-20
Job Location: Doha, Qatar
Job Role: Accounting and Auditing
Company Industry: Oil/Gas
Monthly Salary: US $2,000

Preferred Candidate

Career Level: Mid Career
Gender: Male
Degree: Bachelor's degree

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