Contract financial Oversight Specialist for MoMP

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Start Date:14/1/2023

End Date:29/1/2023

Contract: one Year

Salary Scale: NTA

Report to : General Directorate of Hydrocarbons 

Contract financial Oversight Specialist for MoMP

About Ministry of Mines and Petroleum

Ministry of Mines and Petroleum is an enabler of the sector’s development and steward of all mineral and hydrocarbon resources through the implementation of international best practice, policies, regulations and procedures to encourage environmentally and socially acceptable private investment.
It is the responsibility of the Ministry of Mines and Petroleum to ensure progress in research, exploration, development, and exploitation of both minerals and hydrocarbons. The Ministry of Mines and Petroleum approach is to create the highest level of ministerial competence, promote clear and transparent investment opportunities through modern laws, regulation and policies; and develop a progressive and inviting fiscal regime.
The Ministry of Mines and Petroleum has number of development projects which are setting up, supporting and monitoring through the PSU Directorate within the Ministry of Mines & Petroleum. The Afghanistan Petroleum Support Unit is now seeking well qualified individual for the position of Contract Financial Oversight Specialist is to work in APSU Projectat MoMP.

Job Summary

Under the Direct Supervision of Petroleum Support Unit Coordinator, Contract Financial Oversight Specialist is responsible for the functions related to Review and analyze the Work Program and Work Program Budgets. Lead the interdepartmental and with contractor meetings on WP&B to negotiate on financial and economic matters. Lead and assist the contract finance team on calculating and monitoring the production, sale, royalty, formula price, R-Factor Income, R-Factor Expenditure and production share of the Government as per

Duties and Responsibilities

• Review and analyze the Work Program and Work Program Budgets.
• Lead the interdepartmental and with contractor meetings on WP&B to negotiate on financial and economic matters.
• Lead and assist the contract finance team on calculating and monitoring the production, sale, royalty, formula price, R-Factor Income, R-Factor Expenditure and production share of the Government as per EPSC
• Analyze and cross reference the variances identified by economic & budget analyst on quarterly and annual reports of contractors.
• Assess the Calculation of Accumulated Expenditures and Accumulated Revenue for calculating R-Factor.
• Analyzing contractor’s External Audit Report and communicates with External Auditors of Ministry’s highly concerned issues.
• Assist the director for appointment of expert Audit or review team incompliance with EPSC for Auditing contractor’s accounts.
• Take part in EPSC contract negotiation, presentations and Q&A sessions.
• Coordinate any financial issue of the contractor with MoMP and MoF participants.
• Any other task assigned.

Skills

• Identify and define technical and administrative problems, identify and evaluate alternative solutions, and select and implement the best alternative
• Prepare plan correction reports
• Review proposed projects to ensure compliance with regulatory requirements
• Communicate effectively in oral and written form

Education:

Bachelor’s Degree, Master Degree and ACCA

Qualifications

Master’s degree or bachelor’s degree in financial, Master degree 5 years and with Bachelor degree 7 years relevant experience.

Submission guideline:

Applicants are requested to submit a complete application package which must include all required documents (provided below) to Recruitement.momp@gmail.com

Your email subject must be: PSU-MoMP Contract financial Oversight Specialist 

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Required Documents:

A current resume or curriculum vitae.

Note: In order to have your application considered, you must submit all required documents, mentioning the subject line. If you omit any of the required documents, cover page, cv. Your application will not be considered.

Address:

Human Resources Department, Development Projects HR Unit, first floor, Main Building Ministry of Mines and Petroleum (MoMP), Abdul Haq Square.

For more information, please contact  +93786060202