Team Leader, Budget & Reporting

JOB PURPOSE:

and operational excellence.

KEY ACCOUNTABILITIES:

• Lead and manage a team of budget and cost analysts to develop, monitor, and control drilling operation

• Collaborate with cross-functional teams to establish and maintain accurate cost estimates, budgets,

• Analyze drilling cost data, identify cost drivers, and recommend cost-saving opportunities and efficiency

• Monitor drilling operation expenses, variances, and trends, ensuring alignment with approved budgets

• Develop and implement cost control measures, policies, and procedures to mitigate financial risks and

• Coordinate with procurement, finance, and other departments to ensure timely and accurate processing

• Provide guidance and support to drilling personnel on budgetary and cost management matters,

• Lead month-end closure activities, ensuring accurate and timely accounting of financial transactions.
• Generate and review revenue, CAPEX, OPEX accruals, and other necessary accounting treatments.
• Coordinate with accounting and finance teams to resolve discrepancies and validate financial reports.
• Gain thorough knowledge of client contracts to align financial and operational actions.
• Lead the billing and invoicing processes to ensure timely and accurate chargebacks to clients.
• Implement strategies to minimize Days Sales Outstanding (DSO) and enhance cash flow efficiency.
• Comply with all UAE, ADNOC, ADNOC Drilling and client Asset Integrity Management codes of

practice.

QUALIFICATIONS, EXPERIENCE, KNOWLEDGE & SKILLS:

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.

• 8 years of experience in financial analysis, budgeting, cost control, or related roles, preferably in the

• Proficiency in financial modeling and data manipulation using enterprise resource planning (ERP)

• Strong understanding of drilling operations, cost structures, and financial principles.
• Proficiency in budgeting and cost management techniques, tools, and systems.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership, communication, and interpersonal skills.
• Ability to collaborate effectively with cross-functional teams and stakeholders.
• Familiarity with relevant industry regulations, accounting standards, and financial best practices.