
Oil and Gas Accounting Specialist
9 hours ago
About Us:
Petroleum Development Oman is a leading exploration and production company in the Sultanate of Oman. We deliver the majority of the country's crude oil production and natural gas supply.
Job Description:
We are seeking a Senior Financial Accountant to join our team. The successful candidate will play a key role in the preparation of monthly reporting to EDO, as well as providing financial reporting to EDO quarterly and annually.
Main Responsibilities:
- Prepare PDO reporting requirements to EDO, ensuring compliance with relevant terms of Block 6 Oil and Block 6 EDO Gas Concession Agreements, and IFRS.
- Manage interfaces and communications between PDO and EDO, as well as stakeholders.
- Lead the preparation of Block 6 Oil and Gas reports, including revenue, expenses, and cash call reports.
- Responsible for ensuring effectiveness of controls over EDO accounting and reporting processes in accordance with PDO and EDO control frameworks.
- Coordinate with UPR team and lead calculations of ELT for reserves.
- Prepare quarterly and annual Oil and Gas decommissioning liability calculations for EDO.
- Provide IFRS 16 (leases) data for EDO semi-annually.
- Support EDO during audits and reviews by statutory auditors.
Requirements:
- Holder of a degree in Accounting/Finance, and related professional qualification; ACCA, CIMA or CPA etc.
- Minimum 7 years' experience in accounting and finance positions.
- Good all-round knowledge of Finance disciplines, competent in key finance business activities.
- Ability to deliver under pressure whilst maintaining professional standards.
- Good knowledge of SAP and MS Office tools.
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