Senior Project Accounting Accountant-NFP

QatarEnergy LNG; Doha; On-site; QAR 350,000 - 520,000; Full time

Job summary

QatarEnergy LNG seeks a Senior Project Accounting Accountant-NFP to provide expert financial guidance across accounting, management accounting, tax, and related areas. You will lead the month-end close, engage with clients on complex financial information, and support shareholder reporting for accurate financial depiction.

Responsibilities include close coordination with Asset Accounting and Venture Controlling, preparing accruals, reviewing reports, and developing WP&B inputs with detailed

Qualifications

• Bachelor's degree in accounting/finance/economics or commerce or equivalent.
• 5 years of accounting and finance experience.
• Thorough knowledge of SAP FI/CO; experience with BPC, BW and Projects System.
• Knowledge of QatarEnergy LNG Financial Control Procedures and strong compliance mindset.

Responsibilities

• Provide professional advice on financial, accounting, management accounting, tax, and related issues.
• Lead month-end, quarter-end, and year-end close activities following guidelines; address complex non-routine items.
• Interface with clients to obtain complex financial information and advise on shareholder agreements and financial models for billings, cash calls and budgeting.
• Coordinate with Asset Accounting and Venture Controlling to reflect true financial position.
• Review gross cost/operating reports and analyze project/operating costs; resolve discrepancies.
• Prepare project accruals and reconciliations; address queries from venture control and explain variances.
• Prepare cash forecasts and manage funding/cash calls/billing statements; analyze actual vs cash calls to optimize cash balances.
• Develop WP&B inputs for all projects and prepare WP&B packs; compare prior submissions with current year.

Skills

English proficiency

Financial analysis

Education

Bachelor's degree in accounting/finance/economics or commerce

Professional accounting qualification (ACA/ACCA/CA/CFA/CIMA/CMA/CPA)

Tools

SAP FI/CO

BPC

BW

Projects System

Job description

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Senior Project Accounting Accountant-NFP

• Provide professional advice and guidance on financial, accounting, management accounting, tax, and related issues.

Key Job Accountabilities - I

• Ensure that month-end, quarter-end, and year-end divisional activities are delivered following established guidelines and procedures, including taking the lead in addressing complex non-routine/ad hoc activity providing recommendations and ensuring resolution where an expert Project Accounting response is required.
• Interface with internal and external clients to obtain complex and sensitive financial information and provide advice and guidance on commercial/shareholder agreements and construction of financial models to support billings, cash calls and budgeting activities.
• Coordinate with Asset Accounting and Venture Controlling to ensure that related activities (close outs and shareholder reporting) represent the true financial picture.
• Review and prepare internal and external Gross Cost/Operating reports and analyse direct and allocated project / operating cost and resolve any discrepancies that may be noted.
• Review and provide analysis required for monthly gross cost review with CFO and attend to actions from meetings as required.

Key Job Accountabilities - II

• Update project summary reports such as green book, well-wise reports, Internal Order (IO) vs Work Breakdown Structure (WBS) and cost tracker reconciliations. Review project cost, invoices, Service Entry Sheet (SES) for compliance with QatarEnergy LNG process and TOFA limits.
• Analyse inventory movements to provide meaningful explanations. Assist in closure of shareholder queries when required.
• Prepare and review project accruals and other accounting adjustment entries and prepare account reconciliations when necessary and address queries from venture control explaining significant variances against budget.
• Prepare cash forecasts to meet cash requirements. Manage timely preparation of funding/cash calls/billing statements for the projects including analysis of actual cash expenditures vs cash call to optimize cash balances.
• Develop WP&B inputs for all project and operating activities including headcount verification, expenditure phasing and validation with project plan. Compile Work Plan and Budget (WP&B) packs for management and provide meaningful analysis comparing pervious submission against current year WP&B.

Qualifications

• Bachelor’s degree in an accounting, finance, economics or commerce discipline; or
• Bachelor’s degree in any discipline and an internationally recognised professional accounting qualification (ACA, ACCA, CA, CFA, CIMA, CMA, CPA).

Knowledge and/or Experience - I

• 5 years’ accounting and finance experience.
• Thorough knowledge of SAP FI/CO. Experience and knowledge in BPC, BW and Projects System.
• Good financial knowledge in a range of areas including consolidation, compilation, and analysis.
• Knowledge in and commitment to organizational compliance with QatarEnergy LNG Financial Control Procedures.

Technical and Business Skills - I

• Proficient in written and spoken English.
• Computer literacy, including the use of Microsoft Office and business software programmes, networking and SAP.