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Accountant, Thai PSC Asset
PTTEP Energy Development Company Limited
Key Accountabilities
- Act as a one-stop service for all accounting transactions for asset
- Coordinate, support, and provide information to JV Partners 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 then forward them to JV Partners
- 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 JV partners 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