Cost Analyst
What’s the role
The purpose of this role is to deliver Finance and Accounting processes for projects and activities undertaken in the Qatar Shell Development, Subsurface and Wells (DSW) department. The role is focussed on SAP workflows that are required to purchase goods and services, and provides a key accountability in cost control and our relationships with our external and internal suppliers and stakeholders. The role also performs budgeting and performance reporting.
What you’ll be doing
Key Accountabilities & Duties
Accountable for key elements of the Requisition to Payment (RtP) process for the DSW and related departments’ contracts and invoices, including QA/QC of preliminary and final invoices, and raising of Service Entries to the SAP system.
Transacting of multiple invoices per month, including 3rd party services contracts, 3rd party materials invoices, and Shell internal costs for people and group expertise.
Advising Contract Holders on process governance and invoice details to make initial and final approvals for accurate payments, in line with contract Agreements and the Qatar Shell RtP standard operating process.
Analyse vendors spend profiles for assigned contracts on plan vs actual basis to explain vendor-level variances, gaps to Purchase Order value, gaps to Contract Value, and report on contract spend health and risk to Contract Holders and the leadership team.
Prepare month-end accounting entries to reconcile project costs and produce standardised reports per active project. Consolidate hard copies into folders and arrange delivery to key stakeholders.
Support two-yearly assurance audit focussed on spend compliance – preparation, field work and close-out.
Liaise with the Supply Chain and Logistics teams to maintain valuation model of inventory of materials common stock across the projects, incorporating goods receipt, issue, restoration, and asset disposal activities, in line with Finance guidance on depreciation.
Perform Value of Work Done (VOWD) and Latest Estimate (LE) / Estimate at Completion (EAC) calculations for active projects.
Prepare Journal Vouchers (JV) for cross-department and cross-business cost reallocations.
Support the Supply Chain team to implement new contracts or extensions based on analysis of historical spend.
Finalise invoice payments in consultation with Shell’s internal centres of excellence for Accounts Payable, Shell Business Operations (SBO).
Must be a SAP super-user and able to provide system expertise to support the management of all SAP-related processes for the DSW department.
Must be knowledgeable in accountable principles and able to apply professional practices and sound financial judgement to maintain controls, minimize exposure, ensure cost allocation over a set of active projects, and to assure complete cost recovery from third parties.
What you bring
Requirements
7-10 years of experience in cost control in a project engineering capacity, or finance, with multiple vendors and a high volume of invoices.
SAP Expert / Super-user, able to teach other members of the team in its use.
Knowledge of Finance principles and processes. Accountancy qualification preferred.
Knowledge and experience of annual budgeting processes.
Experience in driving bottom line business performance.
Unquestionable business ethics and discretion in financial management.
What we offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.
Progress as a person as we work on the energy transition together.
Continuously grow the transferable skills you need to get ahead.
Work at the forefront of technology, trends, and practices.
Collaborate with experienced colleagues with unique expertise.
Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
Benefit from flexible working hours, and the possibility of remote/mobile working.
Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are considered to be among the best in the world.
Take advantage of paid parental leave, including for non-birthing parents.
Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
Grow as you progress through diverse career opportunities in national and
international teams.
Gain access to a wide range of training and development programmes.
We'd like you to know that Shell has a bold goal: to become one of the world’s most diverse and inclusive companies. You can get to know more about how we're working towards that goal, click here.
We are committed to attracting a broader and more diverse pool of candidates. If this position doesn’t feel like the perfect fit for your qualifications right now, we’d still love to hear from you. Consider creating a profile in our Talent Community so we can keep you in mind for future opportunities that may align with your skills.
Shell in Qatar
The State of Qatar has been on a remarkable journey of economic development and growth. At Shell, we are immensely proud to have been invited to be a partner in this exciting journey. Since 2006, Shell has invested over $20 billion in Qatar to build a highly material business. As the largest foreign investor in the country, and working closely with QatarEnergy, we are committed to deliver long term value for Qatar and Shell for decades to come. Today, the scope of Shell’s partnership with QatarEnergy covers key elements of the oil and gas business.