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Jobs or company...

FIN Reporting and Accounting (Oil & Gas)

RM 3,800 - RM 3,800 / month
Checking job availability...
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PURPOSE

The Energy Risk and Accounting (ERA) process extends across many steps in the lifecycle of hydrocarbon stock in Group from recording contracts for purchases and sales of stock in our systems, recording stock movements, stock reconciliations, invoicing for stock sales and payments for stock purchases, through to stock valuation. The ERA processes support a number of downstream businesses, principally Trading and Supply, but also Aviation, Bitumen, Lubes, Manufacturing, Chemicals and Integrated Gas.

The analyst performs and supports daily operations in of Hydrocarbon Management payables and receivables, Contracts and Pricing, Stock Recording and Reconciliation, and Stock Valuation. Proactively addressing issues to support the end-to-end process and value chain within the Hydrocarbon area, while also driving operational excellence within the team.

ACCOUNTABILITIES

  • Operate Hydrocarbon Management (HM) Accounts Payable and Receivable

processes, ensuring all payments and receipts are made in accordance with

relevant contracts. Responsibilities include verifying and processing Hydrocarbon

invoices, troubleshooting issues related to HM payments and receivables, and

ensuring strict compliance with payment and receipt deadlines.

  • Prepare manual journal entries (MJE) in accordance to Control and policy.
  • Perform Balance Sheet accounts reconciliation.
  • Manage Hydrocarbon Contracts & Pricing including contracts creation and

update, fixed price and formula price updates in accordance to HM policy.

  • Perform Stock Recording and Book vs Physical Stock Reconciliation on regular

basis as per Control and policy. Investigate and resolve any discrepancies with

figures from 3rd party operated depots, including stock differences outside of

tolerance. Post any final stock differences within allowed tolerance.

  • Perform Stock Valuation and Margin Segmentation, including executing stock

valuation programs at month-end, such as FIFO, NRV, CCS, COGS, GINI, and

GRANI.

  • Provide information to direct stakeholders timely, accurately, and professionally.
  • Ensure timely and accurate deliveries of team’s KPIs.
  • Ensure compliance and execution of RDS, Key Controls and Non-Key Controls in accordance to Shell Controls Framework
  • Ensure timely storage of evidence on task carried out in Global Records Management System.
  • Explore ESSA and Continuous Improvement ideas and solutions to achieve efficiencies and effectiveness in performing tasks and assist in implementation.

REQUIREMENTS

  • Degree in Finance/Accounting, preferably with professional certification (i.e. ACCA/CIMA/CPA, etc.)
  • Strong financial background and understanding of internal controls
  • Minimum 2 years’ experience in any Accounting-related field. (Understanding of SAP is an added advantage)
  • FRESH GRADUATES are welcome.
  • 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 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.

Job Types: Contract, Temporary
Contract length: 8 months

Pay: Up to RM3,800.00 per month

Benefits:

  • Additional leave
  • Opportunities for promotion
  • Professional development

Schedule:

  • Monday to Friday
  • Rotational shift

Ability to commute/relocate:

  • Cyberjaya: Reliably commute or planning to relocate before starting work (Required)

Application Question(s):

  • Do you have any experience in Hydrocarbon Management (HM) Accounts Payable and Receivable processes?

Education:

  • Bachelor's (Required)

Experience:

  • AR and AP: 1 year (Required)

Work Location: In person