Finance Executive

Elsa Talent Solutions Sdn. Bhd.; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Elsa Talent Solutions Sdn. Bhd. in Kuala Lumpur invites applications for the Finance Executive role within the Oil & Gas sector. You will manage finance activities across the project lifecycle, focusing on planning, budgeting, forecasting, and cost control.

The position requires 5+ years in finance, with 3+ in project finance. You will work with vendors and project teams to ensure accurate reporting, compliance, and audit readiness. Proficiency in ERP systems and MS Office is essential.

Qualifications

• Bachelor's degree in Accounting, Finance, or related discipline.
• Minimum 5 years of finance experience in Oil & Gas or project-based environments.
• Minimum 3 years in project finance, cost control and financial reporting.
• Proficient in MS Office and ERP systems.
• Excellent English communication and stakeholder engagement.

Responsibilities

• Manage finance activities across the project lifecycle with planning, monitoring, and reporting.
• Plan, budget, forecast, and control project costs.
• Monitor expenditures, analyze cost performance, and prepare financial reports.
• Process invoices, payments, accruals, journals, and reconciliations.
• Review vendor invoices for accuracy and compliance with contracts.
• Support cash flow management and financial forecasting.
• Prepare monthly, quarterly, and project-based financial reports.
• Maintain accurate records and ensure audit readiness.
• Support internal and external audits and ensure compliance with financial requirements.
• Collaborate with project teams, vendors, and stakeholders to resolve financial issues.

Skills

English communication

Analytical skills

Teamwork

Attention to detail

Financial systems knowledge

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

ERP systems

Job description

Position : Finance Executive

Industry : Oil & Gas

Location : Office, KL

Job Description:

• Manage and support finance-related activities throughout the project lifecycle, ensuring effective financial planning, monitoring, and reporting.
• Perform project financial planning, budgeting, forecasting, and cost control activities to support project objectives and financial performance.
• Monitor project expenditures, analyze cost performance, and prepare financial reports, including budget tracking, variance analysis, and cost summaries.
• Process and verify financial transactions, including invoices, payments, accruals, journal entries, and account reconciliations in accordance with company policies and procedures.
• Review and validate vendor and contractor invoices to ensure accuracy, completeness, and compliance with contractual requirements.
• Support cash flow management activities, including payment planning, monitoring of outstanding receivables and payables, and financial forecasting.
• Prepare periodic financial reports (monthly, quarterly, and project-based) to provide insights into project financial status and performance.
• Maintain accurate financial records, documentation, and supporting evidence to ensure proper financial control, traceability, and audit readiness.
• Support internal and external audit activities by preparing relevant documentation, responding to audit queries, and ensuring compliance with financial requirements.
• Ensure adherence to financial policies, accounting standards, statutory requirements, and applicable regulatory obligations.
• Provide financial analysis, recommendations, and support to project teams to facilitate effective decision-making and cost optimization.
• Monitor financial risks, identify potential cost impacts, and recommend mitigation strategies to improve financial performance.
• Support project close-out activities, including final cost reconciliation, account closure, and preparation of final financial reports.
• Maintain accurate data entry and reporting within financial management systems or ERP platforms.
• Collaborate with project teams, vendors, contractors, and stakeholders to ensure smooth financial operations and timely resolution of financial matters.

Qualification/Skills:

• Bachelor's Degree in Accounting, Finance, or a related discipline, or equivalent professional qualification.
• Minimum 5 years of experience in Finance, preferably within the Oil & Gas, energy, engineering, or project-based industries.
• Minimum 3 years of experience in project finance, cost control, financial reporting, or similar roles.
• Strong knowledge of financial systems, ERP platforms, accounting principles, and project cost management practices.
• Experience in budgeting, forecasting, invoice verification, financial analysis, and cost monitoring.
• Proficient in Microsoft Office Suite, particularly Word, Excel, and PowerPoint.
• Good command of English with strong communication skills and the ability to engage effectively with internal and external stakeholders.
• Strong analytical skills, attention to detail, and ability to work independently in a project environment.
• Pleasant personality with good interpersonal and teamwork skills.

Note: Only those applicants who meet the above criteria will be contacted as part of shortlisting process