The Cost Recovery Advisor is responsible for leading the end-to-end invoicing and cost recovery process for the IFMS Contractor within the Majnoon Oil Field. This role ensures financial compliance with contractual obligations, accurate transaction recording, and effective audit response management as part of the controller function.
Responsibilities
- Serve as the subject matter expert on the financial provisions of the IFMS Contract, particularly those relating to invoicing, cost recovery, and overall controller requirements
- Ensure all financial activities adhere to contractual obligations
- Lead and supervise the Accounts Receivable function, ensuring timely
- Identify and advise on missing supporting documents or requirements to maintain accurate and comprehensive financial records
- Verify that all financial transactions are correctly recorded and aligned with the company's accounting processes and standards
- Oversee the preparation, review, and issuance of cost recovery invoices to ensure accuracy, completeness, and compliance with contract terms
- Monitor the full invoice lifecycle, including submission, follow-up, dispute resolution, and collection
- Coordinate and prepare responses to internal and external audit queries
- Ensure audit engagements are supported with accurate documentation and that the company's financial interests are fully protected
- Implement corrective actions arising from audit findings to strengthen financial controls
Requirements
- Bachelor’s degree
- +8 years finance experience, ideally within the oil & gas or energy sector
- Experience in accounts receivable, financial controls, or contract compliance
- Excellent analytical, communication, and documentation skills
Preferred Qualifications
- Professional certification
- Experience working in remote site environments or large upstream projects
Work Arrangement
On-site
