Oil & Gas Project Finance Lead

ELSA; Kuala Lumpur; On-site; MYR 78,000 - 134,000; Full time

Job summary

ELSA in Malaysia's oil & gas sector seeks a Finance Executive to manage and support finance activities across the project lifecycle, ensuring effective planning, monitoring, and reporting.

The role requires 5+ years in finance, strong cost control and reporting capabilities, experience with ERP systems, and excellent English communication to coordinate with project teams and stakeholders.

Qualifications

• Bachelor's degree or equivalent professional qualification in accounting/finance.
• 5+ years of finance experience, preferably in project-based industries.
• 3+ years in project finance, cost control, or financial reporting.
• Knowledge of ERP systems and accounting principles.

Responsibilities

• 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.

Skills

Financial planning

Cost control

Financial analysis

Invoice verification

Excel proficiency

English communication

Attention to detail

Teamwork

Education

Bachelor's Degree in Accounting, Finance, or related discipline

Tools

Microsoft Office Suite

ERP systems

Job description

ELSA in Malaysia's oil & gas sector seeks a Finance Executive to manage and support finance activities across the project lifecycle, ensuring effective planning, monitoring, and reporting.

The role requires 5+ years in finance, strong cost control and reporting capabilities, experience with ERP systems, and excellent English communication to coordinate with project teams and stakeholders.