Budget Analyst

February 9, 2024

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Job Description

<p><strong><u>Primary purpose of job </u></strong></p><ul><li>Review and finalize the Operating Expenditure and Recoveries Income Budget for QatarEnergy. Monitor actual expenditure against budget and finalizes periodic reports to Management.</li></ul><p><strong> </strong></p><p><strong><u>Principal Accountabilities</u></strong></p><ul><li>Perform detailed review of the Work Program &amp; Budget and participates in budget review meetings for the timely finalization of Directorates/Corporate Departments annual budget.</li><li>Perform detailed review of the Supplementary Budget, Budget Revisions and Budget Transfers for the timely approval of operating expenditure and recoveries income budget.</li><li>Provide the required schedules, inputs and analysis for the Budget Book, Management Reports and Management presentations.</li><li>Verify that expenditures are classified into the appropriate category (operating and capital expenditures) in accordance with QatarEnergy’s guidelines and procedures and relevant accounting standards.</li><li>Review the actual cost against budget on a periodic basis and finalize quarterly cost variance report on key variances.</li><li>Participate in monthly performance review meetings with Operations in coordination with Directorate of Strategic Planning and Policy and assists in preparing report for Corporate Leadership Team.</li><li>Perform in depth review and due diligence about budget submissions and ensure that Departments/Directorates budget is maintained at an optimal level.</li><li>Provide required information and clarification to State/External/Internal Auditors and takes necessary action to implement agreed recommendations on a timely basis.</li></ul><p><strong> </strong></p><p><strong><u>Education, Experience &amp; Skills</u></strong></p><ul><li>Bachelor’s Degree in Accounting/Finance with Professional Qualification such as ACA, ACCA, CPA, CMA, CIMA etc. is mandatory.</li><li>8+ years of relevant work experience including Budgeting, Planning, Costing Management Accounting and Reporting, functions preferably in Oil and Gas Industry.</li><li>Good interpersonal, problem solving, analytical, communication and presentation skills with knowledge of financial standards and models.</li><li>Expertise in Microsoft applications and good working experience in integrated database system is essential. </li><li>SAP knowledge is essential.</li></ul>