Finance Analyst - Project Accounting

ENOC LUBRICANTS AND GREASE MANUFACTURING PLANT LLC

1. Project Accounting

• Responsible to issue monthly status report on project capitalization to various business units.
• Ensure that monthly review meetings are arranged with the business units and engineering team to identify commissioned projects and ensure its capitalization.
• Responsible to create asset upload form by collating and analyzing data related to various projects and summarize the same under the relevant asset class.
• Responsible to capitalize the completed projects by uploading the asset forms.
• Responsible to verify that asset write off submitted by the business are in agreement with FA register and forward the same for approval after obtaining Controller s endorsement.
• Arrange periodic meeting with business and GFS to clear all pending reconciliation differences noticed during physical verification of assets.
• Submit Capex report to the Group as per the deadline and provide additional information as required.

2. Financial Accounting

• Responsible to pass relevant treasury journals as part of the month end closure.
• Responsible to coordinate with business units to collate month end data for preparing journals to support GL closure.
• Responsible to provide accounting charge codes to various business units for direct booking of invoices.
• Identify the commissioned projects which are pending to be capitalized and provide manual depreciation based on its useful life.

3. Treasury Management

• Responsible to prepare cash flow forecast highlighting the working capital requirements in terms of investing and borrowing funds from Group Treasury.

4. Insurance & Claims administration

• Responsible to provide all insurable asset values and periodic declarations as applicable to Group Insurance.
• Responsible to coordinate with the business and obtain necessary details for timely insurance of all newly commissioned sites.

5. Audit

• Support the Finance controller in finalization of various audit assignments such as internal, external and Agreed Upon Procedures (AUP) audits by preparing assigned audit schedules and disclosures.
• Responsible to prepare and submit group reporting forms as part of the Group consolidation timelines for controller s review

6. Compliance and control

• Ensure that all day to day transactions are done in line with the approved DOA and highlight any exceptions to the line Manager

7. Systems Review

• Support Controller in projects that require Finance inputs from transaction monitoring and control.
• Perform User Acceptance Testing for the system developed.

8. Special Assignments

Assist the Finance controller Financial Accounting & Systems with ad-hoc projects and special assignments