Inventory Accountant

About Woqod Qatar

WOQOD is a Qatari oil and gas company that focuses on the distribution and sale of refined petroleum products made by Qatar Petroleum. It is the only fuel retailer in Qatar and it is listed on the public stock exchange. As of May 2018, the company maintained 63 filling stations across the country. In addition to filling stations, the company operates car workshops, tire stations, and convenience stores. The company also has several subsidiaries.

WOQOD was officially established by Emiri Decree No. 5 Issued on February 10, 2002. Its assets were transferred from the Qatar Petroleum National Oil Distribution Company, which operates a refined petroleum products supply depot at Abu Hamour. In 2009, WOQOD Company established a liquefied petroleum gas plant in the industrial area of Doha. During the Extraordinary General Assembly held in June 2018, the company took a resolution to increase the ownership of non-Qataris to 49% in order to attract investments. A budget of 634 million riyals has been allocated for the year 2018 to be allocated to build new filling stations and develop existing ones. According to company officials, there are plans to install 88 filling stations by the end of 2018, with a total of 100 by 2020.

Qualifications:

Bachelor degree in Accounting or Finance

Experience:

2- 3 years of relevant experience in a similar field.

good knowledge in accounting software e.g. ORACLE will be preferred.

Skills:

Knowledge of accounting procedures, protocols and guidelines.
Knowledge of GAAP and International Financial Reporting Standards (IFRS).

Accuracy and attention to detail.
Advanced MS office skills.

JOB OBJECTIVE:

To conduct accurate and timely financial accounting entries related to inventory transactions and ensure compliance with Woqod policies, procedures, regulatory requirements, and international financial and accounting reporting standards.

Job Description:

Reporting

Report ongoing accounting activities to Fixed assets accountant in order to inform on activity status.

Inventory Accounts

Managing inventory organizations, i.e. preparation and implementation accounts plan and mapping for to new inventory organisations and new processes for existing inventory organisations in close coordination with Financial Controller, user departments and IT Department.

Ensuring that all transactions across all inventory organizations are up-to-date.
Checking whether all sales orders related to Order to Cash Cycle and work orders related to eAM are up to date before monthly closing.

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To apply for this job email your details to recruitment@Woqod.com.qa

About The Author

Mohamed Firnas

“🌟 Meet Mohamed Firnas: With over two decades of experience in HR, Mohamed is a trusted advisor known for his strategic insight and compassionate leadership style. He’s committed to creating workplaces where every voice is heard and valued. 💼 Passionate about nurturing talent and driving positive change. Join him on the journey towards building better organizations! #HRProfessional #GulfRegion #Leadership”

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