Accountant
Vacancy Number: 2265
Department/Unit: Finance / Financial Controls
Date of Issuance: June 5, 2025
Deadline of Applications: July 4, 2025
Required Languages: English
Contract Type: Fixed Term Contract
Grade: Professional
Job Category: F
Recruitment Status: International
Contract Duration: Two-year fixed term appointment, with the possibility of renewal
Job Profile
The Accountant is responsible for maintaining the Fundโs general ledger accounts, all in accordance with the institutional procedures and accounting framework, to ensure all financial transactions are reconciled and posted, in conformity with applicable accounting principles and financial reporting standards.
Duties and Responsibilities
Accounting
Maintains the OPEC Fundโs accounting records and balances of general ledger accounts in accordance with International Financial Reporting Standards (IFRS) and other accounting principlesSupports the internal and external audit processesIdentifies improvement opportunities and resolve emerging issues in all areas of accounting, reporting, internal controls and compensationReporting
Ensures uniformity and consistency in recording and reporting transactionsPrepares schedules, analysis, summaries and reports in support of the quarterly financial reports and as may be requested on an ad-hoc basisCoordinates the reconciliation of general ledger balances for financial reporting purposes, specifically to the assigned area and liaise with other internal counterparties and stakeholdersReviews and updates the accounting systems manual and participate in the implementation of enhancement to existing and/or new IT financial systemsMonitoring and review
Monitors financial postings and compliance, using as a reference the approved manuals, procedures and guidelines of the accounting frameworkRecommendations
Develops suggestions and provides guidance on complex accounting, reporting, internal controls, and compensation matters that may not be fully addressed by existing standards or practices.Supports the review and analysis of relevant issues, contributing to evaluations and offering potential recommendations for Managementโs considerationStakeholder management and engagement
Works together with the Senior Accountant and other staff in the Accounting Function as well as with other areas responsible for maintaining financial system sub-ledgersPrioritizes the work to ensure the achievement of reporting objectives in a timely, accurate and efficient mannerCarries out other tasks assigned by the Director, Financial Controls, that are related to the job function.
Qualifications and Experience
Masterโs degree in Accounting, Business Administration, Financial Management or other related fieldA recognized accounting certification such as ACCA is an advantageMinimum of five (5) years relevant professional experience, of which at least two (2) years should have been in an international environment and/or international financial institution Technical expertise in financial accounting, with solid knowledge of IFRS and hands-on experience in corporate accounting and financial reporting.Proficient in executing operational tasks within SAP ERP, specifically in FI/CO and MM modulesProficiency in Microsoft Office suite, including Word, Excel and PowerPoint. Fluent in English. Good working knowledge of Arabic, French, German or Spanish is an added advantage.Competencies
Collaboration and Teamwork - The ability to effectively work with colleagues, stakeholders and partners to achieve shared goals.Customer Centricity - The ability to focus on comprehending and addressing customer needs; consistently deliver exceptional service and foster strong, lasting customer relationships. Decision making - The ability to analyze information comprehensively to make well-informed decisions; assess both immediate and long-term ramifications. Effective Planning and Follow Up - The ability to set clear goals and priorities; skillfully organize tasks for efficiency; consistently follow through on commitments and plans. Problem Solving Ability - The ability to identify issues adeptly, delve into root causes, and devise pragmatic solutions; demonstrate ingenuity and resourcefulness in overcoming challenges.