Accountant

Hibiscus Petroleum Berhad; Kuala Lumpur; On-site; MYR 80,000 - 120,000; Full time

Job summary

A leading oil and gas company in Kuala Lumpur is seeking a finance professional to assist in financial management and reporting for its subsidiaries in Malaysia and Vietnam. The ideal candidate will have at least 5 years of experience in finance, preferably in the oil and gas upstream industry, and a professional qualification. This role involves ensuring financial accuracy, budget management, and promoting HSE objectives.

Qualifications

• 5 years’ relevant working experience in finance.
• Experience in the oil & gas upstream industry is advantageous.
• Ability to work independently under pressure.

Responsibilities

• Manage financial reporting for subsidiaries in Malaysia and Vietnam.
• Prepare monthly financial statements for inactive entities in Australia.
• Review budget submissions and financial performance analysis.

Skills

Financial reporting

Analytical skills

Attention to detail

Knowledge of oil & gas industry

Fluency in English

Education

Professional qualification (ICAEW, ACCA, etc.)

Degree in Finance/ Accounting

Job description

JOB SUMMARY:

• Assists Finance Manager in providing strong and impactful oversight of and support to the Group’s oil and gas assets in Malaysia and Vietnam (and inactive Australian entities) (“subsidiaries/ BUs”).
• Managing the financial reporting from the subsidiaries/ BUs.
• Responsible for financial management for inactive entities in Australia.
• Review/ perform analysis of the Group’s oil and gas assets in Malaysia and Vietnam (and inactive Australia entities)
• Coordinating information flow between Group Finance and subsidiaries/ BUs.
  
  

DUTIES AND RESPONSIBILITIES

• Perform the financial month end closing and prepare monthly financial statements for inactive entities in Australia.
• Review/ prepare monthly/ quarterly/ annual analysis of financial results – clear articulation and comparisons of financial results.
• Generate recurring (monthly and quarterly) standardised reports on key areas related to the subsidiaries/ BUs.
• Identify possible red flags and areas of concern in the subsidiaries/ BUs (e.g., impairment of carrying value, erosion of value, overspending, production volumes, etc.).
• Review annual budget submission, periodic forecasting, budget monitoring, tax compliance, tax planning, and adherence to all relevant accounting policies.
• Assists in cash flow planning of the subsidiaries/ BUs, taking into consideration requirements of other BUs of the Group.
• Work closely with subsidiaries/ BU’s Finance department and reporting team, to enhance quality and timeliness of deliverables, includes information included in quarterly announcements to Bursa Malaysia.
• Promote consistency and alignment of processes/ format across subsidiaries/ BUs and support process improvement in relevant finance-related areas.
• Assist in the evaluation of corporate exercises, including acquisition of assets and fund-raising activities, where required.
• Other ad-hoc duties prescribed by the CFO and immediate supervisor to assist in achieving the Finance department’s objectives.
  
  

HSE RESPONSIBILITIES

• Responsibility for his/ her own health and safety and that of other persons affected by his/her activities;
• Supporting the implementation of the HPB HSE Objectives and Action Improvement plans;
• Support & participate in HSE Audits;
• Report hazards, incidents and near misses in his/ her place of work;
• Identify areas for continuous improvement;
• Participate as requested in Office Safety Meetings & workplace inspections; and
• Actively involved in office Emergency Response drills.
  
  

REQUIREMENTS AND QUALIFICATIONS

• Possess a professional qualification from an internationally accepted accounting body (e.g., ICAEW, ACCA, MICPA, CPA etc.) or Degree in Finance/ Accounting
• At least 5 years’ relevant working experience
• Strong understanding and relevant experience of the oil & gas upstream (E&P) industry is a key advantage
• Understanding of requirements of public listed environment in Malaysia
• Able to work independently under pressure and tight deadlines
• Detail oriented and able to be hands on in preparation of deliverables
• Experience in auditing and corporate finance
• Fluent in English (both verbal and written)
• A self-starter, proactive, meticulous, well organized, possesses strong analytical and interpersonal skills, and ability to work in a team