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Accountant, Thai PSC Asset Support

Company:
PTTEP
Location:
Chatuchak, 10900, Thailand
Posted:
May 15, 2024
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Description:

Key Accountabilities

Act as a one-stop service for all accounting transactions for Asset

Coordinate, support, and provide information to related parties regarding financial and accounting issues

Ensure recording, classifying, analyzing, summarizing, allocating, evaluating and controlling of costs under asset’s AFE, approved work programs & budgets are well-managed and accurate

Perform cash call packages for partners and cash projections for cash management

Perform fixed asset transactions eg. capitalized costs, decommissioning, retirements / write-offs, changes in participating interests

Conduct period-end account closing eg. Project cost allocation, accruals, provisions, inventories, depreciations, revaluations, partner nettings, project settlements for Asset

Key Accountabilities (Cont')

Perform PSC revenue allocation, profit split and cost recovery under the PSC agreement

Prepare timely issuance of reports as required under the PSC agreement

Prepare and analyze PP&Es, Statement of Expenditure (SOE), Statement of Account (SOA), CAPEX details and provide to related parties

Prepare and analyze reports on Asset financial results, budget spending, and performance

Consolidate, analyze, verify key deviations from estimated budget frameworks and from past records, and discuss with Asset Planner to adjust or justify deviations

Provide information to support company performance reviews, financial statements, management decisions and analysis (MD&A) and audits on monthly, quarterly and/or yearly basis

Advise and support Asset and related parties on work programs and budgets including participating in JV, financial/accounting sub-committee meetings, TCMs and MCMs

Professional Knowledge & Experiences

Bachelor’s degree or higher in Accounting

Minimum 5-6 years’ working experience as a project or cost accountant or in a relevant field

Good command of written and spoken English

Strong analytical, communication, computer, and presentation skills

Work Location

Bangkok - Resident

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