Accountant, Revenue Accounting

PTT Exploration and Production PCL.

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