Company Description At Shell Egypt, we believe that people are our greatest asset. You will see that our commitment to your career reflects our drive to innovate on many levels. We are committed to supply the world’s need for energy in socially and environmentally responsible ways and our commitment to diversity will always be of paramount importance. Shell began operations in Egypt in 1911 and has been a steady presence and employer ever since. In addition, our social investment and development programmes attest to our commitment to make a difference for Egypt’s youth. Shell Egypt runs workshop-based sessions aimed at delivering today's practical business skills to students through lectures and training conducted by experienced Shell hires, such as the “Step Towards Progress” (STP) at Cairo University; the “Annual Conference for Engineering Students” (ACES) & the “Give and Gain” programme at Ain Shams University, the “Real Life Project” at the American University of Cairo and the “Al Amal Programme” (Hope Programme).
Perform Business and Financial analysis by coordinating the Latest Estimate. The incumbent is a member of the finance team and is responsible for:
Produce timely and relevant management information to EPM, SENV and JV.
Undertake meaningful financial analysis on the management information to better manage the business.
Track actual and latest estimate spending against the GIPs in place for exploration and development work.
Prepare the underlying paperwork for board resolution approvals.
Support SENV annual business Plan
Finance Focal point of Shell Egypt OPEX end to end process.
Finance Focal Point for partners FinComs
Responsible for producing the quarter Latest Estimate process
Ensures correctness production latest estimates figures
Produce timely and relevant Management Information
Track monthly actual and Latest Estimate spending against Business Plan for development and exploration
Monitor and analyse EXPEX, CAPEX, OPEX and production monthly
Manages an effective interface with JV to ensure alignment on key Latest Estimates parameters
Participates on the monthly closing process and provides quality checks of actuals
Support the ARPR process by providing the accurate OPEX actual figures and UOC
Assist in completing Impairment assessments and value erosion reviews.
Analysis monthly financial reports, investigates main variances against LE/Target
Responsible for analysing and verifying input received from JV
Challenging cost spending via ECR and ensuring that appropriate actions are taken to control spend
Previous experience with Finance preferably in the Oil and Gas
Knowledge of SAP
Sound financial analysis skills
Clear and concise ability to explain difficult issues in simple terms
No. of Positions 1
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.
Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.
The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.