Accounting Manager (Oil and Gas)

NOTE: Please only apply if you have sufficient experience and skills
required as per job description below.

Job Summary.

Responsible for managing and supervising the overall accounting process of the
applicable Ledgers and ensures procedures are in conformity with generally
accepted accounting principles, government regulations and laws. Overall
finance management through Controlling, Recording and Reporting: Assist in
revenue and cost optimization strategies, ensure timely preparation of monthly
financials and MIS. Ensure accuracy and completeness of accounting records in
conformity to IFRS and other regulatory requirements. Bring proper Governance
and efficiency for GL Accounting and Inventory Management for applicable
Ledgers within Business Unit. Key focus will be to ensure proper accounting
and financial recording of inventory and GL related transactions in line with
applicable GAAP. Working closely with Operations the role will support process
automation.

RESPONSIBILITIES:
Supervises the processing of all financial transactions and ensures accuracy
of pertinent reports and analyzes and determines causes of variances in cost
and management accounts.

Handle full spectrum of financial and cost accounting roles (AP, AR, GL,
Forecasting, Budgeting).

Responsible for day-to-day finance and accounts operation.

Perform full set of accounts and ensure timely closing of accounts.

Ensuring that all intercompany cost allocations are in line with management
agreements and transfer pricing policy

Develop and maintain internal control and effective accounting system and
policies.

Consolidates, prepares and submit a monthly/quarterly financial statement
(cash flows, balance sheet, income statements) to the Finance Controller.

Ensures efficient collection of receivables from customers through consistent
coordination with concerned parties and facilitates cost-effective
disbursement of funds through proper monitoring of cash position.

Coordinates with external auditors and ensures reliable review of financial
transactions and existing accounting system.

Coordinates with other departments pertaining to the conduct of periodic
inventory count and stock control.

Review existing accounting processes and operating standards and recommend
changes if needed to the Finance Manager.

Review and recommend policies and procedures that directly influence financial
transactions, inventory costing and management of accounting systems.

Prepare workings for Non-standard entries including clean up entries and
reclasses due to error

Overseeing the close of AP, AR & Cost module

Prepare control sheet for project accounts GL vs SL project wise

Prepare Bank recon entries and ensure its reconciled

Review and suggest further actions required for clearing AP & GRNI

Review TB for irregular balances, wrong entries, comparing to previous periods
to identify material gaps and suggestion of correcting or missing entries and
posting/approving those entries

Review and oversee the IC reconciliations by investigating differences in
reported balances including mark up. Co-ordinating with other IC partners to
ensure the out of balances are fixed and correct entries are recorded on our
end and the IC counterpart end

Loading TB in HFM, running P&L; and BS reports

Analyzing and providing comments for BS review

Provide Unbilled & Unapplied report to Corporate & Central AR team

Prepare and submit webforms by checking the reports in its entirety

Ensure SOX Compliance , sales cut off tests and Revenue assurance, P&L;
analysis, ensure SOD risks are mitigated and reported and ensure compliance in
all aspects

Fixing issues with IT including issues arising of closing, revaluation, SOD
access removals and various other issues

Preparing monthly SGA analysis and ensure all anomalies are verified and
reported correctly

Taking lead in both external and internal audits as prime contact

Perform VAT filling quarterly and VAT refunds as they are available

Support OPS for various queries

Prepare Journal entries, balance sheet reconciliations including bank
reconciliations and review cash forecasts and other issues as they arise and
Prepare bi-monthly Cash forecast

Verifying all entries relating to inventory and ensuring its correct
classification

Proficient in inventory costing, Mark up eliminations and inventory
transactions,

Ensure proper accounting for inventory and Markup Elimination Monthly reports
and dash boards to review Gross and Net inventory, Provision, and movements to
bring focus and reduce cash tied in inventory.

Improved governance around Inventory count controls and increase frequency

Other ad-hoc assignments as agreed with BU Controller

BEHAVIORAL SKILLS/COMPETENCIES:
Must be detail-oriented and highly organized

Excellent collaboration, teamwork, and interpersonal skills

Advanced knowledge of MS Word, Excel and PowerPoint required

Knowledge of MS Project and other project management tools a plus

Strong presentation skills and ability to create presentations. Ability to
create process flow diagrams in Visio or other software applications as needed

Must embrace change and have a proven track record of process redesign

Excellent written and verbal communication skills

Effective time management and organizational skills

Ability to work in a fast-paced, team environment and under pressure of
deadlines

EXPERIENCE/EDUCATION REQUIRED:
(Education/No. of Years of Experience)

Essential:
Qualified Accountant/ CA/ACCA/CMA or MCom/MBA

‎7+ experience post qualification

US GAAP

Major ERP (Oracle, JDE etc)

HFM

Advanced excel Skills

Aware of Datawarehouse and Workforce Management Tools

Desirable:
‎9+ experience post qualification

Oil and Gas industry experience

Process Automation

Visio or other similar software
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