Executive (Financial Accounting)

Petronas

  • Putrajaya
  • Permanent
  • Full-time
  • 1 month ago
Degree Level: Bachelor'sJob Description:Job PurposePlan and execute the implementation of statutory accounting, financial accounting, tax compliance and financial governance to facilitate management's decision-making process with key financial and *taxation information in order to make better decisions to ensure effectiveness and efficiency of business delivery as well as maximizing value returns to the division and company.Main AccountabilitiesStatutory Reporting & Regulatory report submission * Plan and execute all necessary statutory audit activities and production of the audited financial statements of OPU and Group including the assisting towards the resolution of potential audit issues and effective engagement of internal stakeholder and external auditor in compliance with applicable accounting standards and regulatory requirements.
  • Execute and control the timely completion of communication and presentation materials for OPU and or Group and ensure approvals of accounts.
  • Owner and focal of the respective portfolio/OPU, ensuring all auditors' requirements are met and actively managed towards the completion of audit.
Month-end closing and Consolidation of Accounts * Plan and execute the overall execution of monthly, quarterly and year end accounts closing activities for the business through by ensuring the financial statement are in accordance with accounting policies and procedures, applicable accounting standard and regulatory requirements. .
  • Drive and manage all contributors (ie, AP, AR also including operators) of OPU accounts, ensuring timeliness in system posting activities, transaction completeness and flag out anomalies.
  • Maintain OPU level financial information, execute relevant financial reporting analysis including performance analysis, expense analysis and other reports required from time to time.
Month-end closing and Consolidation of AccountsAssist in managing overall pace in OPU deliverables for effective consolidation of accounts in accordance with applicable accounting standards, ensuring high level of accuracy and completeness in accounting treatment for intercompany related transactions and other holding company related transactions.Accounting Standards and Guidelines
Execute implementation of new or revised accounting standards to the OPU, ensuring consistency, relevance and effectiveness in application, aligning to PETRONAS, industrial and other governing bodies' requirement.Fixed Asset management
Analyse the project ledger/WBS against anticipated final cost (“AFC”) to ensure accuracy of the cost allocation including interest allocation, managing the capitalization and disposal of the asset to ensure all the asset record is up to date.Project accounting for outright sale
Analyze the project ledger and computation of the revenue & cost recognition in according to accounting standard and manage the closure of the project ledger once SOFA issue.Taxation
Execute provisional tax computation, seeking guidance from KLCC Tax/ Petronas Group Tax.
Maintain data for all tax matters and ensure the information is ready whenever requested by internal, external parties (including IRB) and the information is reliable.
Execute and manage towards the completion of transfer pricing documentation of OPUs.RequirementQualificationRecognized Degree in Accounting from accredited institutions. Professional qualification (ACCA, MICPA, and ICAEW) will be an advantage.Years of ExperienceMinimum 5 years of accounting/auditing experience in related industry.

Petronas

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