Senior Accountant

Hibiscus Petroleum Berhad; Kuala Lumpur; On-site; MYR 120,000 - 150,000; Full time

Job summary

A leading oil and gas company in Kuala Lumpur seeks a Senior Accountant to ensure accurate financial oversight of its upstream operations. The role involves financial reporting, compliance, and budgeting within a dynamic team. Candidates should have a strong background in oil and gas, along with a professional accounting qualification and excellent communication skills.

Qualifications

• Professional qualification from an internationally accepted accounting body or a Bachelor’s Degree in Finance/Accounting.
• Minimum 10 years of relevant working experience in the upstream oil & gas (E&P) industry.
• Strong understanding and relevant experience in the upstream oil & gas industry.
• Detail-oriented with high accuracy in financial deliverables.
• Fluent in English with strong communication skills.

Responsibilities

• Support the Finance Manager with financial oversight for upstream oil and gas operations.
• Assist in budgeting, forecasting, and financial reporting.
• Ensure compliance with accounting standards and internal policies.
• Collaborate with subsidiaries to improve financial processes.

Job description

The Senior Accountant plays a key role in supporting the Finance Manager in delivering accurate and timely financial oversight of the Group’s upstream oil and gas operations in Malaysia and Vietnam (“subsidiaries/ BUs”). The position acts as a critical link between Group Finance and the finance teams of the subsidiaries/ BUs to ensure the integrity of financial reporting, compliance, analysis, and strategic financial support.KEY ACCOUNTABILITIESFinancial Reporting & Analysis

• Review and/or prepare monthly, quarterly, and annual financial reports from subsidiaries/ BUs.
• Perform in-depth financial analysis and identify key performance trends, variances, and potential issues (e.g., impairment risk, budget overruns, declining production volumes).
• Ensure accuracy and timeliness of submissions from subsidiaries/ BUs for group consolidation and external reporting.
  
  

Management & Group Support

• Act as a liaison between Group Finance and subsidiaries/ BUs to coordinate financial data, reporting requirements, and deadlines.
• Assist in the preparation and review of financial information for quarterly announcements and other corporate disclosures.
• Support evaluation of corporate exercises, including acquisitions and fundraising activities, as required.
  
  

Budgeting & Forecasting

• Assist in reviewing annual budgets, periodic forecasts, and performance monitoring for subsidiaries/ BUs.
• Collaborate with the Finance Manager and subsidiaries/ BUs to improve forecasting accuracy and cost control.
• Support cash flow planning and analysis, considering both BU-level operations and Group priorities.
  
  

Compliance & Governance

• Ensure compliance with applicable accounting standards (e.g., MFRS), internal policies, and tax regulations.
• Review tax submissions and planning strategies in coordination with Group and subsidiaries/ BUs’ tax teams.
• Promote consistency and alignment in reporting formats, accounting practices, and internal controls across subsidiaries/ BUs.
  
  

Process Improvement & Collaboration

• Work closely with subsidiaries/ BUs to enhance quality, accuracy and timelines of financial deliverables.
• Support continuous improvement of financial processes and reporting tools.
• Provide guidance and support to the Accountant and collaborate closely with BU finance teams to build capability and ensure alignment with Group objectives.
  
  

Other Duties

• Undertake special assignments and ad-hoc tasks as assigned by the Finance Manager or CFO.
• Participate in departmental initiatives to improve financial transparency, operational efficiency, and decision-making support.
  
  

REQUIREMENTS AND QUALIFICATIONS

• Possess a professional qualification from an internationally accepted accounting body (e.g., ICAEW, ACCA, MICPA, CPA etc.) or a Bachelor’s Degree in Finance/ Accounting, or a related discipline.
• Minimum 10 years of relevant working experience, preferably within the upstream oil & gas (E&P) industry.
• Strong understanding and relevant experience in the upstream oil & gas (E&P) industry is a key advantage.
• Familiarity with public listed company reporting requirements, including regulatory and disclosure standards in Malaysia.
• Prior experience in auditing and/or corporate finance is highly desirable.
• Detail-oriented, capable of being hands-on in preparing and reviewing financial deliverables with a high degree of accuracy.
• Demonstrated ability to work independently under pressure and manage tight deadlines effectively.
• Fluent in English, both written and verbal, with strong communication and presentation skills.
• A self-starter who is proactive, meticulous, and well-organised, with strong analytical skills and the ability to collaborate across teams and cultures.