Oil & Gas Jobs - Budget & Reporting Analyst at CNOOC

Organization: CNOOC Uganda

Limited

Duty Station: Kampala,

Uganda

CNOOC Uganda

Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC) is a

major national oil company in China. CNOOC Uganda limited is China’s largest

producer of offshore crude oil and natural gas. China National Offshore Oil

Corporation (CNOOC) specializes in offshore upstream exploration and

production.

Job Summary: The Budget

& Reporting Analyst will be responsible for developing and maintaining

budgets for the company in accordance with internal planning and budgeting

processes, Joint Operating Agreements (JOA) and Production Sharing Contract

(PSC) obligations.

Key Duties and Responsibilities: 

·        
Prepare and submit monthly budget performance

reports and expenditure forecasts and accompanying presentation materials for

Management review.

·        
Work closely with the finance team to ensure all

monthly, quarterly and annual reports are submitted on a timely basis.

·        
Keenly analyze variances between actual

expenditures, budgets, and forecasts and prepares explanations and commentary

for review and discussion with Finance Team, and Management.

·        
In charge of preparing and providing accurate and

timely reports to functional departments and management on different aspects of

the business on a daily, weekly and monthly basis.

·        
Coordinate preparation and review of Authorization for

Expenditures (AFEs) and WBS.

·        
Ensure AFEs and WBS do not conflict with internal

budgets and are supported executed in accordance with internal commitment

authority policies and procedures.

·        
The incumbent will support the Line or Department

Manager in responding to ad hoc budget-related inquiries from JV partners and

Government of Uganda.

·        
Actively participate in the interpretation of

guidelines/assumptions to drive the budget process.

·        
Responsible for monitoring of expenditure against

budget for the various departments and advising management/procurement

department accordingly.

·        
Provision of financial information to both internal

and external auditors and liaising with other team members to facilitate

audits.

·        
Perform any other duties assigned by Line or

Department Managers.

Qualifications, Skills and

Experience: 

·        
The ideal candidate should preferably hold a Bachelor’s

degree or above in Finance, Accounting or equivalent

·        
A minimum of three years of related working

experience in Budget preparation, implementation, monitoring, control,

analysis.

·        
Detailed working knowledge of financing and accounting;

·        
Extensive knowledge of GAAP.

·        
Good understanding of Oil E&P operations in

Uganda

All suitably

qualified and interested candidates should send an updated CV and application

letter MERGED into ONE document to email address: recruitment@cnoocuganda.com. Please

DO NOT attach any other documents and ensure to quote the JOB TITLE in the

Subject of your email. Only candidates that follow these instructions and meet

the minimum requirements shall be contacted.

Deadline: 9^th November 2015 at

5.00PM.