Cost Control Accountant

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Cost Control Accountant

Job Description:

Client: A subsidiary of a leading oil and gas exploration and production company.

Type of hiring: Contract

Responsibilities:

• Preparation of budgets and forecasts, as well as all related functions:
  • Coordination of Annual Budgets for Corporate/Petronas and Outlooks.
  • Coordination of Production Profiles.
  • Estimated monthly Opex/Capex.
• As the point of contact for Production Operations in engaging with Finance:
  • Monthly Cash Calls.
  • Monthly Accruals and Opex/Capex Estimates.
• Cost Control and related functions:
  • Develop, implement, and monitor systems for efficient and accurate cost control, including but not limited to budget deviations, AFEs, and ACVs.
  • Additional Budget Requests (ABRs) to the relevant authorities if needed (to coordinate with Budget Section).
  • Cost-control reports
• Collaborating with Finance to monitor inventory and spares movements and management.
• Assist in the preparation of materials for meetings (official/internal) whenever inputs are required.
• Preparation and distribution of necessary reports.
• Ensure that all activities are in accordance with all COMPANY, stakeholders, and government requirements and regulations.

Qualifications:

• 5 - 10 years' experience in a planning, analytic, or control function
• Strong personal and interpersonal abilities, as the position demands a great deal of coordination.
• Strong communication skills for working with, understanding, and inspiring project team individuals.
• A strong ability to learn other areas and a decent learning curve, as well as a strong dedication to meeting tight deadlines.
• Experience from Upstream O&G industries is added advantages.