KUWAIT CITY, Aug 8: Trade union sources in the oil sector stressed the need for the Kuwait Petroleum Corporation (KPC) to intervene to put an end to the complex and difficult conditions set by private oil companies for appointment, especially those in which KPC has significant shares.

They explained that EQUATE Petrochemical Company’s recent announcement about job opportunities did not specify that applicants must be Kuwaiti, despite the Petrochemical Industries Company (PIC), a subsidiary of KPC, holding a 42.5 percent stake. This raises concerns about the role of the Kuwaiti company in this process.

The announcement has generated widespread reactions regarding the challenging requirements for these positions. While a Bachelor of Science in Accounting is a basic requirement, the additional conditions are difficult.

They are - applicants must have five to eight years of accounting experience, experience in financial reporting according to local and international standards, practical experience in accounting settlements, expertise in preparing and reviewing financial statements, and proficiency in accounting software and ERP systems (such as SAP). Advanced Excel skills are also required. Preference will be given to candidates with experience from internationally recognized auditing firms and those holding accounting qualifications like CPA or ACCA. The sources indicated that the advertisement may have been designed to target specific individuals.

By Najeh Bilal
Al-Seyassah/Arab Times Staff