
Financial Accountant Lead
4 hours ago
Job Overview:
Petroleum Development Oman (PDO) is a leading exploration and production company in the Sultanate of Oman. The Company delivers the majority of the country's crude oil production and natural gas supply.
About the Role:
The Senior Financial Accountant will play a key role in the preparation of monthly reporting to Energy Development Oman S.A.O.C. (EDO), as well as providing financial reporting to EDO quarterly and annually. The successful candidate will also be responsible for developing young Omani staff in the area of financial accounting and reporting.
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 International Financial Reporting Standards (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 Upstream Production Reporting (UPR) team and lead calculations of Economic Life Threshold (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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