Job Description/Specification:
QatarEnergy is seeking an experienced Budget Controller to provide financial and budget control support to the Engineering Department. The role covers CAPEX/OPEX budgeting, AFE management, invoice processing, cost analysis, SAP transactions, and asset capitalization.
Key Responsibilities
- Prepare annual CAPEX, OPEX, and Non-Routine budgets and ensure accurate SAP mapping.
- Process budget revisions and supplementary budgets with proper supporting documentation.
- Prepare and review Authorization for Expenditure (AFE) requests.
- Monitor project expenditure and ensure compliance with budget control procedures.
- Review SAP FI postings, reallocations, AFE numbers, and WBS elements.
- Coordinate with Cost, Planning, and Project teams for accurate expenditure recording.
- Support timely invoice processing and resolve project budget issues.
- Analyze monthly and quarterly budget variances and obtain mitigation measures.
- Review CWIP, project completion certificates, and asset capitalization requirements.
- Prepare ad-hoc budget and cost analysis reports.
- Support continuous improvement of budget-control processes.
- Provide on-the-job coaching and development to Qatari staff.
Qualifications & Experience
- Degree in Financial Accounting or relevant professional qualification such as CPA, ACCA, CGMA, or equivalent.
- Minimum 7 years of relevant project cost and budget control experience.
- Strong working knowledge of SAP, particularly PS and MM modules.
- Advanced knowledge of Microsoft Excel and PowerPoint.
- Strong understanding of CAPEX/OPEX, project costing, budgeting, and financial controls.
Key Skills
Budget Control | CAPEX | OPEX | AFE | Project Cost Control | SAP PS | SAP MM | SAP FI | WBS | Asset Capitalization | Variance Analysis | Financial Reporting | CWIP