Summary
Date Posted: Saturday, October 07 2023, Base Salary: Not Disclosed

JOB DETAILS:
Candidate Profile
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Qualifications & Experience:
• Bachelor’s degree in Finance. Professional qualification ACCA/CPA is an added advantage.
• Minimum of seven (7) years Finance /Accounting, Business.
• Good knowledge of FI/CO/MM/JVA domains of SAP accounting software.
• Very good knowledge of Microsoft Excel, Power Point and Word.
• Excellent interpersonal, analytical and computational skills.
• Good knowledge of the Oil & Gas business.

Activities
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Main Duties and Responsibilities:
• The job holder plans, directs, and controls the activities under his/her perimeter.
• Carry out release process of Purchase Requisitions / Purchase Orders after making Budget Availability Control and checking correctness of amounts, cost allocations, cost objects as an integral part of the P2P process.
• In charge of controlling the relevancy of the cost allocation of the invoices through IMP.
• Prepare SALSA accruals, manual accruals, Cost objects review as part of the monthly accounting closure activities.
• Ensure budget/performance monitoring and reporting. Prepare monthly cost control reports for budget holding entities and management with credible comments (variance analysis).
• Organize regular cost review meetings with Budget Holders to identify opportunities to improve budgetary control. Ensure that potential budget overruns are anticipated, and corrective measures put in place to ensure the recoverability of all costs.
• Support respective entities followed-up on all financial and cost control issues.
• In charge of HQ Request for Services (RFS) creation and monitoring in his/her perimeter.
• Lead discussions with Managers on Cost structure to reach best compromise between cost monitoring needs and accounting and system constraints.
• Attend to queries from internal/external auditors, JV Partners, vendors such as the provision of justifications for expenditure during the various audits carried out by JV partners and/or Ugandan authorities.
• Involvement in budget and closure forecast preparation in conjunction with Budget holders of the Company as Operator of EA-1 and LA-2.
• Preparation of operating procedures for cost control in his/her perimeter.
• Review monthly activity reports to allow effective cost allocations.
• Carry out induction of new Cost Controllers to ensure effective knowledge transfer.

Context & Environment
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The Tilenga project consists of the drilling of more than 400 wells located in the Lake Albert basin blocks EA1 and EA2N to produce 190kbbl/d of waxy oil at plateau. That production will be sent via a network of 160km of flowlines to Central Processing Facilities in Buliisa for treatment. Then a 95km 24 inch feeder pipeline will transport the processed crude oil to the export hub and refinery in Kabaale District where the production of the Kingfisher project will be also connected. Cost Control activities will cover the main phases of the project development and production.




Work Hours: 8

Experience in Months: 144

Level of Education: Bachelor Degree

Job application procedure
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