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Energy Risk and Accounting Assoc Manager

Salary undisclosed

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Key Responsibilities:


  • Perform and support daily operations of the Hydrocarbon teams in Contracts & Pricing, and Stock Valuation.

  • Provide proactively issue resolution to support E2E process and value chain in Hydrocarbon area.

  • Deliver assigned activities and drive for operational excellence within the team

  • Ensure that all request are approved, reviewed and updated into system according to agreed timeline

  • Execute and ensure timely completion of all the activities of the Stock Valuation & Margin Segmentation Team including the running of stock valuation programs at month end, which includes FIFO, NRV, CCS, COGS, GINI and GRANI

  • Complete SOAR balance sheet recons and update status on a monthly basis in MOE

  • Capture manual journal entries in GSAP R/3

  • Ensure compliance with all Global standards and streamline policies (i.e. OMP policies and IFRS standards)

  • Identify and understand key components/movements in Inventories GL and key contract details updated in the system (e.g. fixed price/ formula price).

  • Understand and implement the corresponding financial controls associated with the process to mitigate financial reporting risks

  • Ensure timely storage of evidence on task carried out in Global Records Management System

  • Provide information to direct stakeholders timely, accurately, and professionally

  • Identify and assist in developing solutions for issues identified for operating units in scope of role

  • Apply ESSA (Eliminate, Simplify, Standardize, Automate) mindset to drive process simplification and improvement


  • Qualifications:


  • Degree in Supply Chain Management.

  • Strong understanding of internal controls.

  • Minimum 5 years’ rel experience. (Understanding of SAP is an added advantage)

  • Strong adherence to processes, policies, and procedures

  • Good problem-solving skills, analytical abilities, and inquisitive mindset

  • Excellent communication skills (both written and oral) as well as interpersonal and relationship building skills

  • Understanding of product measurement and accounting practices, inventory management, costing and impact on stock valuations is an added advantage

  • Capable of working under pressure and highly driven to meet deadlines

  • Ability to work independently and as part of a team

  • Ability to integrate business and process knowledge

  • Ability to gain an in-depth knowledge and understanding of GSAP contracts, pricing and material movements, its relation to settlement process, the source, document flow & associated fields

  • Willing to work across time zones as needed