Job Information
KBR Cost Recovery Advisor in Basra, Iraq
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