Job Description

. Develop and manage the departmental budget for drilling and workover activities, reservoir development, and exploration, including forecasting, monitoring, and reporting on expenditures.

2. Collaborate with departmental Superintendents and project teams to understand budgetary requirements and constraints for upcoming drilling and workover projects, as well as reservoir development and exploration initiatives.

3. Analyze cost implications of drilling and workover operations, reservoir development, and exploration, identifying areas for cost optimization and efficiency improvement.

4. Monitor and control departmental expenses, ensuring adherence to approved budgets and identifying and addressing any budgetary discrepancies.

5. Prepare regular financial reports, variance analyses, and budget performance assessments for management review, focusing on drilling and workover operations, reservoir development, and exploration activities.

6. Participate in the evaluation and selection of vendors, contractors, and service providers, ensuring alignment with budgetary guidelines for drilling and workover operations, reservoir development, and exploration projects.

7. Work closely with corporate planning , finance and accounting, and contract departments to ensure accurate and timely recording of financial transactions related to drilling and workover activities, reservoir development, and exploration initiatives.

8. Support the development of long-term financial plans and strategies for the department, contributing to overall financial forecasting and risk assessment for drilling and workover, reservoir development, and exploration activities.

Skills

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Advanced degree or professional certification (e.g., CPA, CFA) is a plus.

2. Proven experience (10 years) as a Budget Officer, Financial Analyst, or similar role in the oil and gas industry, preferably within drilling and workover operations, reservoir development, and exploration.

3. In-depth knowledge of budgeting, financial analysis, and cost control principles, with a strong understanding of drilling and workover processes, reservoir development, and exploration associated costs.

4. Proficiency in financial management software, ERP systems, and Microsoft Excel for financial modeling and analysis.

5. Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and provide actionable insights.

6. Strong communication and interpersonal abilities, with the capacity to collaborate effectively with cross-functional teams and senior management.

7. Familiarity with industry regulations, compliance standards, and best practices related to financial management in the oil and gas sector, specifically in drilling and workover, reservoir development, and exploration.

Job Details

Job Location
Eastern Province Saudi Arabia

Company Industry
Oil & Gas

Company Type
Employer (Private Sector)

Job Role
Finance and Investment

Employment Type
Full Time Employee

Monthly Salary Range
Unspecified

Number of Vacancies
1

Preferred Candidate

Years of Experience
Min: 5

Degree
Bachelor’s degree / higher diploma

Apply for here

وظائف ذات صلة

Project Admin at GIZA Systems – Riyadh وظائف السعودية
Job Details Job Location Riyadh Saudi Arabia Company Industry Higher Education Company Type Employer (Private Sector) Job Role Engineering Employment Type Full Time Employee Monthly Salary Range Unspecified Number of Vacancies 1 Preferred Candidate Career Level Entry Level Years of ...
مدرب ميداني في TASC Outsourcing – قطر وظائف قطر
تفاصيل الوظيفة مكان العمل دولة قطر قطاع الشركة وكالة التوظيف وتوظيف الموظفين نوع الشركة صاحب عمل (القطاع الخاص) الدور الوظيفي التدريب والتطوير نوع الوظيفة موظف بدوام كامل نطاق الراتب الشهري غير محدد عدد الوظائف الشاغرة 1 Apply for here
مشتري سيارات مستعملة في شركة الاختيار الأول للسيارات – الشارقة وظائف الامارات
المسمى الوظيفي المسمى الوظيفي:انضم إلى شركة First Choice Cars كمشتري سيارات / مشتري سيارات مستعملة ولعب دورًا محوريًا في توسيع مخزوننا بسيارات مستعملة عالية الجودة. ...
كاتب محتوى (وظيفة شاغرة) – دبي وظائف الامارات
المسمى الوظيفي كاتب محتوىالمتحدثون باللغة العربيةالمسؤوليات:· تحديد الموضوعات ذات الصلة، والتحقق من الحقائق، وتحليل المصادر للحصول على محتوى عالي الجودة· إنشاء أنواع مختلفة من المحتوى ...
Sales Support Executive (open vacancy) – Dubai uae jobs
Job Description •Being responsible for all analysis and reporting of the sales team.•Controlling sales part of the lead generation.•Support management with the presenting of sales ...

من tozyf