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Salary
AED - AED per month
Job Type
Full-Time
Job Description
Job Description: Accountant
Responsibilities:
1. Financial Statement Preparation:
- Prepare financial statements, including income statements, balance sheets, and cash flow statements, adhering to industry-specific reporting standards and regulations.
2. Cost Tracking and Analysis:
- Track and analyze costs related to exploration, drilling, production, transportation, and refining of oil and gas.
- Allocate costs to specific projects or wells to facilitate accurate financial reporting.
3. Revenue Recognition:
- Manage complex revenue recognition processes based on production volumes, sales contracts, and fluctuating commodity prices.
- Ensure accurate and timely recognition of revenue in accordance with industry standards.
4. Tax Management:
- Manage tax liabilities, considering the tax incentives and complexities that vary by location.
- Optimize tax strategies while ensuring compliance with regulations.
5. Regulatory Compliance:
- Ensure that financial practices and reporting adhere to industry-specific regulations and accounting standards.
- Stay updated on changes in financial reporting standards.
Skills Qualifications:
- Age: 25 to 35 years old.
- Minimum 5 years of UAE experience in Oil and Gas or related industries.
- Licensed/Certified CA/CPA/CFE/CISA/CGAP/CMA.
- Familiarity with industry-specific financial reporting standards.
- Immediate joiners will be prioritized.
Job Openings at Megarme part of Palfinger
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