D1b88ac3

Accounts Payable Accountant

  • Location:

    Basrah

  • Sector:

    Oil & Gas

  • Contact:

    Shireen Ahmed

  • Job ref:

    2843

  • Published:

    17 days ago

  • Expiry date:

    2022-07-15

MSELECT is hiring an Accounts Payable Accountant for an international oil and gas operator in Basrah. Candidates must have at least 3-5 years of accounting experience within the Oil and Gas industry. Fluency in English is a must.
 
Job Objective
  • To support the processing activities of vendor invoice, vendor credit note, affiliate invoice processing within Accounts Payable
  • Utilization of established accounting system for general ledger, entering timely accounts payable subledger entries, requesting AP voucher approval
  • To support the reconciliation and provision of ad hoc AP reports as required including any KPI's and AP performance
  • To follow up and support on overdue vendor invoices by identifying and resolving issues timely or escalating to Section Head Accounts Payable for support and guidance
  • To prepare vendor account reconciliations as may be required To respond to vendors regarding reconciliation of their statement of account with our AP ledgers, identifying any errors and missing invoices for follow up by the vendor of by Accounts Payable team
 
KEY ACCOUNTABILITIES
  • Currently no supervised direct reports Broad interactions with Dept.'s, Budget Holders, Finance Team, PSCM Team, and audit
  • To ensure valid invoices are entered into the system, approvals received and and vendor payments processed for payment on a timely basis according to agreed payment terms
  • Ensure all invoices are reviewed and accompanied with respective supporting documents to ensure validity of the invoices and ensure cost recovery
  • Accounts Payable
  • Ensure completion of required details per invoice checklist and approvals obtained timely to support vendor invoice payment processing
  • Ensure new vendor additions follow the finance procedure for the adding of new vendor in IDEAS
  • Follow up with User Dept. and Budget Holders for timely review and approval of vendor invoices and invoice requirements
Minimum Qualifications: A degree in Accounting/Finance/Management or ACCA/CIMA or CA/CPA qualification or equivalent
Minimum Experience: 3-5 years of accounting experience within the Oil and Gas industry
Job-Specific Skills:
  • Advanced excel financial analysis skills, attention to detail
  • Knowledge and understanding of Asset's financial policies and regulations
  • Good working knowledge of E&P accounting, IFRS, external statutory audit, JV partner audits
  • Good working knowledge of indirect taxes incl withholding taxes
  • Working knowledge of ERP systems & SAP preferred
  • Effective interpersonal, verbal, and written communication skills
  • Good analytical capabilities and problem-solving skills
  • Knowledge and understanding of local regulatory policies
 
 
*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process.