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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