Cost controller
Taqa
Total years of experience :13 years, 0 Months
• Report to the Drilling Manager.
• Reviewing, auditing, and coding vendor invoices in line with contractual terms and deliverables
• Prepare the daily cost reports of drilling, Testing and Completion and work-over operations.
• Update AFE forecast based on Time / Depth Chart (Actual vs Forecast)
• Issue Purchase request (PR) on Oracle system for all drilling department requirements.
• Review and approve the Purchase Orders / Service Order for drilling department.
• AFE Well reconciliation for Drilling, Completion and Testing AFEs.
• Update the AFE spreadsheet in a monthly base.
• Managing the contract spend tracking.
• Support the internal and external audit process by being the focal point for statutory audit and local regulation compliance.
• Prepare monthly accruals for work performed versus invoices received.
• Follow up stock reconciliation between quantities issued to wells and quantities consumed and the consequent stock reintegration.
• Prepare monthly cash call for Drilling activities
• Preparing the weekly payment for the vendors.
• Prepare Journals for all the Exam income, Refunds, Adjustments and other Erbil Bank transaction on SAP.
• Ensuring all month closing activities are completed by the team and closing SAP period
• Preparing Differed income reconciliation report on monthly base.
• Preparing income reconciliation report on monthly base.
• Prepare cash flow for Erbil office in monthly bace.
• Create GR and PO on SAP for Erbil Office expenses.
• Coding the invoices to mean WBS and account code.
• Preparing monthly salary For Erbil staff office.
• Record for Daily bank Activity and reconcile the bank statement on monthly base.
• Responsible for Erbil office Account Payable and receivable.
• Assist the external audit and perform UNESCO and HOPS projects.
• Handling and Managing Erbil office petty cash ( petty cash payment, SAP processing & monthly safe updating )
• Contacting all the vendors regarding the payments and invoices issue.
• Report to the Erbil Project cost controller and Finance Manager.
• Responsible for full cycle Accounts Payable duties including coding and processing invoices and other expenditure.
• Ensure timely payment of all accounts payable
• Maintained the books of accounts and looked after cash & bank management and administrative duties.
• Supervising the Inventory check count twice a year.
• Assistance in prepare Annual accounts for year ended 2014 and 2015.
• Preparing cash call for Erbil branch twice a month.
• Verifying and checking the invoices with contract or purchases order.
• Corresponding with vendors regarding all AP (account payable) issues..
• Monthly bank and petty cash, advances and retention reconciliation.
• Monthly petty cash, accruals, journal ledger entry.
• Assistance in monthly closing with invoice accruals and orders progress of work.
• Dealing and calculate the local employee Tax.
• Prepare oil sales invoice and follow up the payment.
• Attending tender opening as a finance department representative.
• Assisted Finance manager in developing procedures for Inventory counts, goods receiving and Vendor payments.
• Calculating Salaries, Overtime and preparing monthly payroll sheet for local employee.
• Petty cash handling and managing, recording all cash activity on a daily basis.
• Receiving and processing all account payable invoices using ( IDEAS ).
• Getting managerial approval on the invoices.
• Preparing cheques for local vendors.
• Dealing and handling social security payment in monthly basis.
• Dealing and calculate the local employee tax.
• Receiving and processing all account payable invoices using ( Jemma ).
• Preparing cheques for local vendors.
• Petty cash handling and managing, recording all cash activity on a daily basis.
• Dealing and handling social security payment in monthly basis.
Part Qualified Association of Chartered Certified Accountants (ACCA, UK). Complete 10 papers out of 13.