SOCAR Upstream MI LLC

Financial Control Manager

SOCAR Upstream MI LLC
Ə/h razılaşma ilə
440
Tam iş günü
Bakı, Azərbaycan
18/11/2025 - 18/12/2025

İş haqqında məlumat

  • Lead full-cycle monthly, quarterly, and annual financial reporting for multiple upstream assets (onshore and offshore), ensuring compliance with IFRS and
    internal policies. 
  • Prepare and review variance analyses, cost trend reports, and management dashboards on OPEX, CAPEX, and unit cost performance. 
  • Ensure accurate recording of revenue, entitlement, profit oil/gas, cost recovery, and tariff/transportation settlements. 
  • Lead the annual budgeting and periodic reforecasting process across all upstream projects. 
  • Work closely with subsurface, drilling, production, and operations teams to validate technical assumptions and cost estimates. 
  • Develop forward-looking cashflow forecasts, funding needs, and cost recovery timelines. 
  • Provide management with scenario analysis, sensitivity, and risk-adjusted forecasts. 
  • Coordinate financial interactions with JV partners, operators, and service providers. 
  • Review and validate monthly cash calls, billing statements and JV audit findings.
  • Establish and monitor cost-control frameworks, including tracking of drilling, workover, and facility costs. 
  • Drive performance KPIs for the projects. • Implement continuous improvement in cost efficiency and resource allocation. 
  • Ensure adherence to IFRS, PSA, tax, treasury, procurement, and internal control requirements. 
  • Lead periodic internal audits, JV audits, and resolution of audit findings. 
  • Oversee bank reconciliations, cash allocations, intercompany settlements, and forex transactions. 
  • Lead, mentor, and develop the team.

Interested candidates can send their CV to the e-mail address in the Apply for job button.

Tələblər

  • Bachelor’s or Master’s degree in Accounting, Finance, Economics, or related fields. 
  • Professional certifications preferred: ACCA, CPA, CFA, CIMA, or equivalent. 
  • Strong knowledge of IFRS (especially IFRS 6, IFRS 11, IFRS 16, IAS 37, IAS 28). 
  • 7–12+ years of progressively responsible experience in Big 4 and Upstream Oil & Gas finance. 
  • Direct experience with production accounting, PSA/JOA frameworks, cost recovery, and JV operations. 
  • Prior exposure to multi- asset upstream portfolios (onshore and offshore) is a strong advantage. 
  • Experience working with international operators or major IOCs/NOCs is preferred.
  • Strong understanding of: o PSA/PSC commercial terms o Entitlement calculations o Cost recovery & profit oil mechanisms o Drilling operations cost structures 
  • Advanced proficiency in ERP systems (SAP, Oracle, Navision) and financial consolidation tools. 
  • High-level Excel, financial modelling, and data analytics capabilities. 
  • Strong analytical mindset with ability to challenge
    operational assumptions. 
  • Excellent communication, negotiation, and stakeholder management skills. 
  • Ability to work in fast-paced, multi-project environments with strict deadlines. 
  • High ethical standards, attention to detail, and commitment to accuracy. 
  • Leadership skills with ability to develop and guide multidisciplinary teams.