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Accountant, Accounting Policy

Company:
PTTEP
Location:
Chatuchak, 10900, Thailand
Posted:
April 26, 2024
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Description:

Job Purpose

Accountant, Accounting Policy is responsible for developing and updating global accounting policies, procedures and guidelines in accordance with accounting standards and regulations, and in line with industry’s best practices and PTT accounting policy. The jobholder is to perform a role of a second line of defense for Finance and Accounting Functional Group (FNA), provides internal consulting on accounting issues to users and provides concerns on accounting implication in M&A Due Diligence to managements. The jobholder also organizes finance and accounting academy for staff competency development, and coordinates with related parties to arrange Joint Venture Audit including follows up outstanding issues

Key Accountabilities

Develop and update accounting policies, procedures, and guidelines for PTTEP Group and provide advice on accounting issues

Monitor and study accounting standards and regulations as well as determine the accounting implications in case of implanting new accounting standards and regulations; and communicate potential impacts to concerned parties

Initiate alternative accounting practices, conduct feasibility study, and develop projects

Propose changes in business processes regarding to changes in accounting standards and regulations

Provide accounting guidance on accounting issues and engage in analyzing diverse, unclear, and challenging areas of accounting related to non-routine and/or significant transactions

Participate in Due Diligence / Bidding Team to review accounting part in agreement

Provide accounting recommendation and support Assets in reviewing accounting part in agreement

Key Accountabilities (Continued)

Review and analyze Purchase Price Allocation (PPA) to support financial reporting

Execute compliance check to ensure that accounting practices of corporate and assets are aligned with accounting standards, procedures, guidelines and management system

Plan, prepare, and coordinate with Joint Venture Audit Teams to manage audit fieldwork

Coordinate with business process owners to obtain necessary data and materials to respond JV audit team

Follow up and resolve outstanding Joint Venture audit issues

Plan, develop, and organize finance and accounting academy and KM activities to build up staff competency

Job End Results

Accounting policy, procedure, and guideline for PTTEP and its subsidiaries

Advices / recommendation on accounting issues for both routine and non-routine activities, including accounting part in agreement

Adjustments on accounting practices regarding changes in accounting standards and regulations

Purchase Price Allocation analysis

Effective compliance checks and solution recommendations

Joint Venture Audit

High competency of finance and accounting staff

Professional Knowledge & Experiences

Bachelor's degree in Accounting

Experiences in accounting standards (IFRS/TFRS and Oil and Gas Accounting) and M&A Due Diligence

At least 3-years’ experience in E&P business background

Good command of written and spoken English

C.P.A. certification is preferred

Additional Desirable Qualification

Ability to multi-task, work in a deadline-driven, fast paced dynamic environment, proactive

Excellent technical accounting research skill in complex and ambiguous situations

Team player, flexible, highly organized and detail oriented

Planning, organizing, analysis, and problem solving skills

Communication and interpersonal skills

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