Job Purpose:

To ensure that organisation is compliant with TA accounting policy, control and provide analysis on capex spend to help business making right decisions

Dimensions:

 - Standalone Position

- Interfaces With Projects And Turnaround Team At Stanlow 

- Reporting On Capex Spend Of Over $100m A Year

 - Control Over Average $35-40m Average Spend On Turnaround  

Principal Accountabilities: 

 1. Turnaround Accounting. Act as a financial focal point for Turnarounds:

- Ensure T/A IP's comply with guidelines. 

- Create WBS structures. 

 - Ensure the Commercial Engineering Team comply with standards. 

 - Carry out Financial Controls Review as part of TA Assurance process. 

 - Monitor costs to ensure only and all TA costs are allocated to Turnarounds. 

 - Supply the latest estimate phasing for submission to Projects. 

 - Ensure accounts are promptly closed after the event.

 - Update VOWD % for accurate month end accruals. 

- Supply turnaround data for Solomon submission. 

2. The organization fixed assets. Act as site focal point for The organization the organizationl project spend and associated fixed assets:

- Monitor the monthly spend on The organization the organizationl projects and send to Fixed Assets team in Krakow.

 - Monitor the progress of the projects and obtain project completion notification from the project engineer when appropriate. 

 - Forward asset list to Fixed Assets team in Krakow for asset creation and settlement. 

- Perform fixed asset verification exercise on a rolling 5-year basis. 

- Inform Fixed Assets team in Krakow in the event of asset retirement. 

3. Capex control and reporting: 

- For completed projects- actual Vs budget project cost report. Contingency Utilisation trend by the project- is this scope of work or labor overrun or something else. 

- Comparison of approved budget v actual at a more granular level than current cost estimate wbs. element - versus wbs loaded on SAP - versus actual wbs spend. 

- Implement segregation of duties control PRJ/FIN  any journal transfers of budget/spend within the project to be approved by Finance.

- Month on month Total number of the project running added during the month (approved IP/AFEs) less completed during the year 

 - Report on projects expected to complete in the period. Month on month phasing report- project phased into next year. 

- List of Projects TECO but not FICO with reasons for the delay

 - Open commitment report analysis - Independent Post Implementation Reviews 

 - List of projects which have overrun their original estimated completion date with a value of spending to date versus original budget.

 - Monthly tracker for all Project budget changes during the period (monthly)

Key Challenges:

- This position entails initiative taking and self-motivated to introduce improvement financial control and reporting, 

 - Spot areas of weakness and improvement opportunities, 

 - Ability to interact with diverse stakeholders on site on a day to day basis.

Job Knowledge, Skills & Experience Key Challenges: 

- Preferably qualified accountant with turnaround and project accounting experience

- Experience in manufacturing, ideally with an oil refinery 

- Familiar with IT systems and processes, ideally SAP, excel 

- Effective communication and presentation skills

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