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Budget Controller

Budget Controller

Bounty Hunter WorldDoha, Ad-Dawhah, Qatar
30+ days ago
Job description

mselect is looking to hire a Budget Controller for a oil and gas operator in Doha, Qatar . Candidates must have at least 7 years of relevant experience in project cost budget control, experience in the Oil & Gas industry is preferable. Fluency in English is a must.

Key Responsibilities

  • Prepare Work Program and Budget pack for Annual Budgets (CAPEX / OPEX / NON-ROUTINE) and ensure it is accurately mapped in SAP
  • Prepare Budget Revisions / Supplementary Budget and ensure appropriate justification and supporting documentation is valid and enough
  • Prepare AFEs with accuracy and ensure the requested AFE is following Policy and Procedures
  • Ensure compliance with and implementation of approved Budget Control Procedures and Work Instructions
  • Review reallocation journal / expenditure postings in SAP FI and advise proper allocation of AFE number and WBS Element
  • Work in close coordination with the cost, planning & project team to ensure proper and timely recording of expenditure through Service Entry Sheets
  • Provide solutions to the project team on budget issues and ensure invoices are processed and returned to Finance for payment within target dates
  • Justify monthly and quarterly variance and ensure the reasons are valid and obtain mitigation measures from cost, planning & project team
  • Review the project status, CWIP and Completion Certificates to ensure the capitalization process is in line with Policy and Procedures
  • Participate in continuous improvement of budget control activities
  • Capacity to prepare ad-hoc reports for specific budget and cost analyses when required
  • Provide on-the-job coaching & development of staff

Requirements

  • A university / college degree in financial accounting or CPA, ACCA CGMA or equivalent
  • At least 7 years of relevant experience in project cost budget control
  • Experience in the Oil & Gas industry is preferable
  • Effective analytical and problem-solving skills with attention to detail Ability to adapt to changing priorities and manage multiple tasks simultaneously
  • Performs routine duties independently and refers to Line Supervisors on non-routine work
  • Working knowledge in SAP (e.g. PS, MM modules) is essential
  • Good knowledge of MS Office applications and Database particularly in Excel and PowerPoint
  • Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.
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    Controller • Doha, Ad-Dawhah, Qatar

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