Accounting Supervisor
vakansiya — 2024

Job summary:

Leads the Accounting Reporting function of the Oil & Gas Company and Company’s assets reporting to the Asset CFO. The position holder will be responsible for controlling correct accrual based accounting and reporting, implementing improved IFRS and RSA based reporting processes, supporting the Company to build timely and accurate reports.

Responsibilities:

• Preparation of Cash Call and Cash Forecast reports with further sharing between project partners
• Review and analysis of commercial reporting under the terms of RSA prepared by commercial team for the purposes of financial reporting compilation
• Analysis and understanding of commercial transactions related to oil sales and conformity with RSA financial reporting requirements and application to IFRS reporting
• Identifying, developing and implementing accrual based accounting and reporting to meet financial and regulatory reporting requirements, map financial reporting processes and modify control procedures, as required
• Responsible for accrual based accounting and financial reporting obligations under the IFRS requirements, close liaise and cooperation with auditors
• Control for proper and timely processing of accounts payable and receivables based on Aging reports;
• Develop account reconciliations, journal entries, data compilation and analyses ensuring accuracy and timely reporting
• Find and correct mistakes in postings made by accountants to accounting system.
• Assistance in preparation of ad-hoc financial statements and reports to management and project partners at request of line-manager.
• Monitoring of the application of finance policies and procedures, inform line-manager in cases of inconformity.
• Responsible for controlling of cash balances reconciliation performed by junior accountants.
• Training of junior accounting staff if needed.
• Other tasks from line-manager.

Knowledge / Experience:

• Detailed knowledge of project RSA and Financial Policies and Procedures of the Company
• Knowledge of IFRS,and/or other international financial reporting requirements
• Computer literate and can work effectively with Microsoft Office (Word, Excel) basic Sub Systems
• Knowledge of structure of the Company and its management
• Experience in month-end closing and developing accounting processes
• Good organizational skills and knowledge of the relevant processes within the company
• Excellent command of Azerbaijani, English, and Russian languages

Qualifications:

• Master degree in Finance or Accounting
• Knowledge and understanding of IFRS reporting requirements
• Working knowledge of oil and gas Production Sharing Agreements or Risk Service Agreements
• Experience in Big4 companies is highly preferred
•  Minimum of three years experience in the oil and gas industry in similar position.

Reporting to: Asset CFO

Contract type: Local contract

Contract term: One year

Location: Baku, Azerbaijan

Industry:Oil and Gas

Please send your CV/Resume by showing the job title in the subject line.

All inquiries and applications will be treated with the utmost confidentiality.