- Development of company budget. Control and coordination of budget planning of subsidiaries. Analysis of the completeness, accuracy and accordance of submitted information to include of administrators’ budget requests into the general budget and business plan of the company. Adjustments to the budget of the company and its subsidiaries. Collecting, analyzing and preparing materials for the supervisory board meetings, preparation of protocols, Explanatory Notes to the budget adjust-ments. - Verification of Production Program and annual GWS (goods, works and services) procurement program on accordance to the budget. - Implementation of budget control on expenditures. Preparation of conclusions about possibility of reallocation of funds within the approved budget. Control of applications for budget funds reallocation, applications for purchase of GWS, tenders, checking contracts for purchase of GWS on accordance to the budget. - Prepare monthly, quarterly and semiannual reports on budget performance of OPEX, explaining the reasons of differences, over-budget and non-fulfilment. Prepare presentations on budget performance, as a result of financial and economic activities of the company, as well as the effectiveness of the main production activities for the reporting period. Prepare reports on budget performance for departments with detailed actual costs. - Monitoring and updating of the classifier of costs, provide methodological as-sistance in the use of classifier of costs.

- Development of annual capital expenditures budget, business plan and combined budget of the company. Control and coordination of budget planning of subsidiaries. Analysis of the completeness, accuracy and accordance of submitted information to include of administrators’ budget requests into the general budget of the company. - Verification of Production Program and annual GWS (goods, works and services) procurement program on accordance to the budget. - Adjustments to the budget of the company and its subsidiaries. Collecting, analyzing and preparing materials for the Budget Committee meetings, preparation of protocols, Explanatory Notes to the budget adjustments. - Implementation of budget control on expenditures. Preparation of conclusions about possibility of reallocation of funds within the approved budget. Control of applications for budget funds reallocation, applications for purchase of GWS, tenders, checking contracts for purchase of GWS on accordance to the budget, check vouchers for payment, control of construction documents of projects, conclusions of public examination. - Preparation of business activity review on a monthly basis. Prepare monthly, quarterly and semiannual reports on forecast and budget performance of capital investments for shareholders, explaining the reasons of differences, over-budget and non-fulfilment. Prepare presentations on budget performance, as a result of financial and economic activities of the company, as well as the effectiveness of the main production activities for the reporting period. - Generate reports for administrators of the budget (departments/divisions) with de-tailed actual costs by all items of capital expenditures. - Preparation of quarterly reports on license and contract terms (2 LCT, 2 AWP) to conform with the competent authorities. - Analysis of cost of drilling and completion, workover per well, based on planned, actual and average amounts, by the cost components. - Analysis of capital projects, cost estimation of project and its future operating ex-penses, assess an economic reasonability of costs. - Develop and update as necessary procedures for budgeting, cost control, budget development and performance, calculating the efficiency of the main production activities. - Monitoring and updating of the classifier of costs, provide methodological assistance in the use of classifier of costs. - Monitoring the preparation of Production Plan of the company, plan of GWS. - Planning and budgeting of the revenues and expenditures by type of costs (capital expenditures, cost of sales, general and administrative, transportation, finance), by business units / divisions and subsidiaries, adjustments to the budget. - Consolidation of all divisions’ budgets to the general budget of the company. Consolidation of business units’ budgets to the combined budget. - Reporting on results of financial and economic activities, budget performance of the company and its subsidiaries. - Cost analysis and budget performance by cost centers. Determine factors of non-fulfilment of budget funds and over-budgets. - Cost-effectiveness analysis of miscellaneous projects. - Participation in the Budget Committee for consideration and approval of budgets of departments and subsidiaries. - Conduct meetings with managers of departments on changes, redistribution and ad-justments in the budget, on variances of actual expenses and plan, - Development of budgeting program and forms for divisions / business units, financial procedures for planning and budgeting. - Analysis of «SUN System» journal entries for AFE. Preparation of monthly, quarterly and annual reports on AFE transactions. - Preparation of report of actual capital expenditures, operating expenses, cost of sales for reporting period, analysis of dynamic of costs. - Preparing for the RK Ministry of Energy monthly report with all type of works and services purchased by the company for the reporting period. - Analysis and determination of specific of costs. Working with documents of contractors and suppliers (invoices, acts of acceptance, contracts, etc). Coding documentation with the certain AFE and project number when capitalize expenses, and with the code of account for operating expenses. - Import journal entries into the system with the allocation of amounts by cost centers. - Coordinate and participate in the development and preparation of annual, monthly budget for capital, operating and administrative expenses of the company. - Maintain database of projects, update AFE codes. - Processing of a signed package for a new AFE, Supplements to AFE’s, registering in the system with phasing of budget. - Determination of all cases of over-budgets.

- «Enterprise One JD Edwards» Transactions analysis for the projects’ Work Books (TAR, WBS). Cost recording as per expenditure distribution on balance items. - Work with the project team (engineers, construction representatives, material coordi-nators) to estimate project work progress EPC (engineering, procurement, construc-tion) achieved at month end. Analysis, monitoring of contractors’ progress reports and forecast. - Provide management with Cost Report, Expenditure Forecast, actual expenditures to the date, commitment, payments, accruals and information on approved and remain-ing budget amounts of projects for each AFE. Prepare work in progress reports on the projects. - Consolidation of information in the particularized project expenditure forecast, updating of forecast and phasing (engineering, materials, construction, start-up, commissioning). - Work with finance group and operational support group on TCO Work Program and budget performance, update file of monthly budget. Provide finance with WIP re-ports on projects for each AFE on monthly basis. - Recommendation and assistance to project engineer during negotiations with con-tractors concerning cost and payments. - Work with contractors’ documentation. Coding with appropriate AFE and project number, entry in database of invoices and payments. - Monitoring of timely payments. Coordination with Accounts Payable group. - Preparation of package for new AFE, Supplements, Completion Form, AFE Closing, Chart Type for AFE with distribution of the budget on phases, years and cost items. - Capitalization of put in service fixed assets of the project. Provide Fixed Assets Group with capitalized amounts in details.

- Work with contracts of contractors and suppliers, verification of invoices on accord-ance to the contract specification, Tax legislation of the RoK. - Database, entry of all approved invoices in accounting program “Scala”. - Monitoring payments of invoices. - Prepare verification acts between company and suppliers. - Forecast of payments for weekly cash flow projection to control funds of the com-pany. - Report of payments from the point of view of years, quarters, months, goods and services purchased. • Cash & Bank Accountant: - Cash operations: (cash receipts, salary, advances, loans, expense advances, busi-ness trip allowance, compensations, financial assistance and other). - Banking operations: accounts opening, closing, maintain in national and foreign cur-rencies (USD, GBP, EUR, RUR, AUD, etc.); payments to local and foreign suppliers in system “CitiDirect Online-Banking”, salary transfer to local and foreign staff, tax, local and foreign card transfer, company’s interbank transfers, other. - Cash and bank transactions in the Accounting program “Scala”. - Provide management with daily detailed cash flow projection.

- Costs calculation, costs of earthwork. - Invoicing of customers. - Work with payment orders, bank statements. - Preparation, control of the contracts. - Preparation of documentation of contractor to participate in tender; work with com-mercial offers.

- Financial analysis, estimation of clients’ credit worthiness and solvency. - Decision making on credit, support of projects on credit committees. - Mortgages assessment, control of property mortgage process. - Preparation and signing of mortgage treaties, credit treaties, credit repayment schedule in Bank program IBS, Equation. - Control, coordination of credit issue process. - Monitoring of credit repayment.

Economic, Finance and Credit