Qatari Development Program - Financial Accountant

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Qatari Development Program - Financial Accountant
DohaGraduateFinance/AccountingRef.: MO-087349
The role, which is part of the Qatari Development Program, is designed to help the incumbent to build self-confidence, build relationships with colleagues and managers, organize/prioritize tasks and workload and build the ability to work and deliver projects. The incumbent will pass through a rotation program for a period of 24 months over the various teams within Finance & Accounting, with the ultimate objective of assigning a job that suits his/her capabilities and which facilitates future career development.
We Offer
Maersk Oil Qatar A/S offers a wide range of education and career opportunities for employees possessing necessary skills and competencies.
Key Responsibilities
1.General Accounting – Hands on training in the key activities mentioned:Period end activities – month end, quarter end and year end.
Inventory related tasks including Annual Stock Take.
Balance sheet reconciliations for all the three entities.
External and Internal audits.
Control compliance.
Understanding of SOPs.
Understanding of EPSA and applicable IFRS provisions.
Understanding of APMM Finance manual and Business process manual.
Thorough understanding of the SAP systems, controls and DOA matrix.
Understanding of Intercompany related tasks.
Understanding of withholding tax related provisions.
Ad hoc tasks as requested.
2.Financial Planning and Economics – Hands on training in the key activities mentioned:Involvement in the quarterly Rolling Forecast exercise.
Involvement in the Annual QP budgets.
Involvement in the Lifting schedule calculations.
Involvement in the Economics and Investment analysis.
Understanding of relevant SOPs and controls.
Understanding of the AFE process.
Understanding of the OPEX/CAPEX classification of projects.
Ad hoc tasks as requested.
3.Cost Controlling – Hands on training in the key activities mentioned:Understanding of the business drivers influencing the financial numbers and costs.
Understanding of the business.
Involvement in the quarterly Rolling Forecast exercise.
Involvement in the Annual QP budgets.
Understanding of the AFE process.
Understanding the principles of good cost control practices and continuous improvement.
Understanding of the Commitment system and the relevant SOP’s and controls around.
Build effective working relationship with other departments in MOQ and other parties as appropriate.
Ad hoc tasks as requested.
Who we are looking for
Qatari nationals with 0-2 years work experience who have a Bachelors degree in Accounting and/or Finance from an accredited University with a final GPA of no less than 3.0.
They should also have the following:
  • Basic understanding of IFRS/EPSA
  • Proficiency in IT applications, especially with financial software packages
  • Good interpretational and communication skills
  • Good understanding of the data structure and data systems
  • Strong analytical skills, problem solver and result oriented
  • Diligent, pro-active, attention to details
  • Professional Accounting Certificate mandatory (CA, CPA, CIMA, ACCA)
>Last application date: 30 November 2015.
Maersk Oil Qatar AS is the leading oil producer offshore Qatar and a recognized pioneer in oil development and production techniques. On the basis of an Exploration and Production Sharing Agreement (EPSA) signed in 1992 with Qatar Petroleum, Maersk Oil Qatar (MOQ) is the sole operator of Al Shaheen field.
The current oil production from the Al Shaheen field is approximately 300,000 barrels per day from nine different locations and is exported via two main offshore facilities.

Maersk Oil is an international oil and gas company with operated production of about 557,000 barrels of oil equivalent per day from Denmark, the UK, Qatar, Kazakhstan, Brazil and Algeria. Exploration activities are on-going in Angola, Norway, the US Gulf of Mexico, Greenland, Iraqi Kurdistan and in the producing countries. Turning marginal and challenging fields into commercial successes has been the cornerstone of Maersk Oil’s business since 1962. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments. Maersk Oil is a fully-owned subsidiary of the global conglomerate, the Maersk Group.
 Maersk Oil is an international oil and gas company with a 2016 entitlement production of 313,000 barrels of oil equivalent per day. Our production comes from Denmark, the UK, Norway, Algeria, Kurdistan Region of Iraq, Kazakhstan, and the US Gulf of Mexico. Exploration or development activities are on-going in Angola, Kenya, Brazil and in the producing countries. Turning complex and challenging fields into commercial successes has been the cornerstone of Maersk Oil business since 1962. Maersk Oil focuses on pioneering technologies and harnessing talent to continue to operate safely and successfully, creating value for partners and host governments. For more information about Maersk Oil, please visit the website at www.maerskoil.com