Hydrocarbon Accounting Specialist

8 hours ago

Muscat, Muscat, Oman beBee Careers Full time
Senior Accounting Professional

An exciting opportunity has become available for a commercially-minded accounting expert to support key business operations within a dynamic energy environment.

Main Responsibilities:

  • Generate accurate financial records and maintain robust transactional data to support commercial decisions and contractual compliance.

  • Lead month-end close processes, ensuring timely preparation of material balance statements in line with international standards.

  • Execute the contract-to-cash process, ensuring full revenue recognition for sales in accordance with accounting procedures.

  • Reconcile payments against agreed pricing and contractual terms.

  • Monitor and manage the full lifecycle of oil and gas transactions.

  • Validate and process data to support accurate apportionment of ownership, revenue entitlement, and buyer quantities.

  • Provide critical commercial insight to stakeholders, enabling real-time assessment of performance and market positioning.

  • Carry out accounting tasks in accordance with recognised international standards.

  • Perform capacity and throughput calculations to support business planning.

  • Support external and internal audits with clear documentation and data trails.

  • Collaborate with commercial teams to inform day-to-day decisions related to sales and revenue forecasting.

  • Ensure accuracy and reliability of data, system interfaces, and reporting environments.

  • Deliver material balance reports for refinery and petrochemical operations.

Skill Requirements:

  • In-depth understanding of hydrocarbon products and process flows.

  • Familiarity with ASTM and API standards, cargo accounting, and logistics.

  • Prior experience with SAP (preferably IS-Oil) and other integrated systems.

  • Exposure to international standards in hydrocarbon accounting and energy sector operations.

  • Strong analytical mindset with experience in costing, MIS reporting, and financial forecasting.

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