Accountant, Revenue Accounting

Job Purpose

The Accountant, Revenue Accounting oversees various accounting functions including sales revenue accounting, receivables, corporate cost allocation, and operational expenditures. He/She ensure adherence to PTTEP accounting policies, maintain precise records, and produce management reports.

Additionally, He/She manage corporate cost allocation, assist with internal and external reporting, offer expertise in accounts receivable and invoice processing, and collaborate with stakeholders for operational efficiency. Moreover, He/She is adaptable and capable of handling ad hoc projects as needed.

Key Accountabilities

Account Closing:

• Collaborate with relevant parties to facilitate period-end account closings, ensuring accuracy and compliance with PTTEP policies.

• Confirm and reconcile transactions with affiliates to eliminate intercompany transactions for consolidation.

• Analyze and verify recorded transactions for data accuracy during account closing processes.

• Record sales of petroleum products and related expenses based on sales statements received from operators.

Invoice Management:

• Issue sales invoices for petroleum products using information from relevant parties, ensuring accuracy in calculation and compliance with contract terms.

• Manage invoices for trade-related activities, intra/inter-company transactions, and corporate charge-outs.

• Administer the request for service legacy system to support efficient task fulfillment within PTTEP.

• Coordinate with tax accountants to provide VAT information in compliance with regulations.

Sales, Revenue, and Receivable Information Centre:

• Generate reports on sales, revenue, and receivables, providing comprehensive analysis for management review.

• Prepare reports and details for account receivable balances, sales revenue, and royalty for various stakeholders.

• Provide information to tax authorities for annual tax filing and comply with regulatory requirements.

• Prepare royalty calculations and reports for submission to the Department of Mineral Fuels (DMF) as mandated by law.

• Address queries from stakeholders and facilitate the reconciliation of related party transactions.

Key Accountabilities (Cont)

Corporate Cost Allocation and Charge-Out:

• Calculate corporate charge-out tariffs and allocate corporate costs to assets based on PTTEP methodologies.

• Analyze variances in corporate cost allocation and charge-outs and support audit reviews.

• Assist in preparing reports and analyses on corporate cost allocation for internal and external stakeholders.

• Monitor Time write submissions to ensure data accuracy for cost allocation and maintain records.

Audit Support:

• Provide information and support for audits related to accounts receivable and sales revenue reconciliation.

• These key accountabilities encompass various financial responsibilities, including account closing, invoice management, sales and revenue reporting, corporate cost allocation, and audit support.

Professional Knowledge & Experiences

Bachelor’s Degree or higher in Accounting.

Minimum of 3 years' experience in related functions, preferably in the E&P industry.

Proficiency in SAP applications, particularly SAP-SD and SAP-AR modules.

Strong command of both written and spoken English (TOEIC Score: 650).

Demonstrated accuracy and correctness in data and document management.

Thorough understanding of accounting and financial principles, including investment decision-making.

Ability to apply comprehensive knowledge in E&P and related businesses, with a focus on benchmarking international practices.

Excellent analytical skills, including quantitative and statistical analysis

Additional Desirable Qualification

Strong collaborative skills, fostering positive relationships with colleagues.

Confidence in sharing ideas to enhance processes.

Demonstrated accuracy, proactivity, and excellent interpersonal skills.

Positive attitude with a service-oriented mindset.

Ability to thrive in high-pressure environments.

Work Location

Bangkok