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Cost Recovery Advisor


4 days ago
Posted date
4 days ago
N/A
Minimum level
N/A
Full-timeEmployment type
Full-time
FinanceJob category
Finance
Title:
Cost Recovery Advisor

" Belong, Connect, Grow, with KBR!

The KBR team of teams delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals.

KBR provides holistic and value-added solutions across the entire asset life cycle. These include world-class licensed process technologies, differentiated advisory services, deep technical domain expertise, energy transition solutions, high-end design and engineering capabilities, and smart solutions to optimize planned and operating assets."

Job Title: Cost Recovery Advisor

Position Overview

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 plays a key part in safeguarding the company's financial interests through accurate transaction review, timely invoice generation, and effective management of audit responses. Acting as a key representative of the controller function, the advisor ensures full compliance with contractual financial provisions and supports robust financial governance.

Key Responsibilities

Contract & Controller Function

  • 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 .

Accounts Receivable & Transaction Oversight

  • 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.

Invoicing & Cost Recovery

  • 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.

Audit & Assurance

  • 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.

Qualifications & Experience

• Bachelor's degree required; professional certification preferred.

• +8 years finance experience, ideally within the oil & gas or energy sector

• Experience working in remote site environments or large upstream projects is beneficial.

• Excellent analytical, communication, and documentation skills

• Experience in accounts receivable, financial controls, or contract compliance
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JOB SUMMARY
Cost Recovery Advisor
Ar Ramadi
4 days ago
N/A
Full-time

Cost Recovery Advisor