Principal Accountabilities
Responsible for execution of all monthly closing activities to ensure that each step is performed in a timely and accurate manner, for activities are under accounting section. For activities under the responsibility of other sections within finance or other departments, track completion of such activities in an accurate and timely manner.
Responsible for preparation and audit of local Statutory Accounts and USD accounts for the subsidiaries and branches in Pakistan, IFRS and UK GAAP Financial statements of entities abroad, Consolidated and stand-alone financial statements of holding company.
Preparation of necessary reports of financial information as and when required by Government Authorities
Ensuring integrity of the general ledger for all GL accounts.
Closely monitor critical activities such as working capital entries in Balance sheet for quarter closing and partner netting. This also includes monitoring of suspense accounts.
Responsible for preparation, reconciliation and timely submission of monthly JV Billing statements for operated assets in accordance with the relevant JV agreements. Also responsible for preparation of annual JV accounts in accordance with the JV agreements.
Responsible for recording and reconciliation of JV billing statements received from other operators where the company is a non-operated JV partners. Also responsible to review the same vs budgets and relevant JV Agreements.
Responsible for carrying out audit of other JV Operators where company is a non-operated partner
Finance focal point for any SAP requirement such as: maintenance of profiles for SAP users, delegation of authority, change management, vendors/banks opening, and others as required.
Ensure necessary agreements are in place for inter-company recharges and debit notes are issued timely.
Managing the insurance portfolio of the company, including but not limited to, ensuring adequate insurance coverage of companies operated in non-operated assets, keeping track of all losses and lodgement of claims, reviewing and recommending necessary changes in policies in line with changing business circumstances and industry practices and provision of necessary data to brokers and reinsurers as in when required.
Responsible for reconciliation and control of all GL accounts to ensure that the balances are reconciled and cleared in a timely manner
Candidate Profile
- Chartered Accountant (ACA)
- Minimum 8 years of work experience, preferably in an upstream E&P Company
- Good working knowledge of SAP & MS Office
- Open minded and flexible
- Leadership and problem solving abilities
- Effective oral & written communications.