Senior Analyst, Financial Accounting

DUTIES AND RESPONSIBILITIES

• Review of inventories transactions transferred from Maximo to SUN Systems.
• Review functional costs allocation for shareable & non-recoverable costs for support departments based on approved Job Allocation Matrix.
• Review common cost allocation, and allocation entries after posting to ensure aligned to monthly common cost allocation statistic information including headcounts and timesheets of business users after allocation cycle is run.
• Monitor and responsible for creation of cost centers in SUN for business users, including check and update cost allocation segment.
• Review system Operator’s overhead posting and approve Head Office Charges recovery (“HOC”) invoices to respective PSC.
• Review working capital allocation process for common cost and proposed manual adjustment when necessary.
• Review inventory allocation for oil & gas split, consumption adjustments, material transfer inter-PSC transactions and net inventory settlement to balance sheet.
• Review cutback posting and transfer billing process to non-operator entities i.e. SEAH, TVL and RMPM3.
• Review system forex revaluation and perform forex reasonableness test.
• Review key accounts reconciliation and analysis at monthly basis, including inventory and asset; monitoring and clear open items in working capital accounts.
• Review analysis variances and explain key movements in month over month common costs.
• Review of accounting book close for investment entities (i.e. PHSB and FIPC) including G&A accruals, prepayment, and forex revaluation.
• Review the upload of financial results to Sigma consolidation system and perform monthly consolidation entries and flows on monthly basis.
• Support enquiries from group on matters related to financial information.
• Coordinate month end closing schedule with finance team and business users including Human Capital, Cost controllers and Operations users.
• Review of accounting information provided to tax team on preparation of month-end tax and deferred tax provision.
• Assist tax team on PITA submission to Malaysian Inland Revenue Board, and any tax audit on accounting related issues, provide supporting document and justification to tax team.
• Review of the financial statements for statutory (Barbados) and branch (Malaysian FRS) for six entities (Hibiscus Malaysia Oil & Gas Limited, SEA Hibiscus Sdn Bhd, Hibiscus Malaysia Oil & Gas (PM3) Limited, Talisman Vietnam Limited, Fortuna International Petroleum Corporation and Peninsula Hibiscus Sdn Bhd) in accordance with IFRS and group accounting policy.
• Review Board of Directors meeting materials.
• Review and endorsed miscellaneous payment request on statutory audit fee, Barbados directors and accounting fee.

REQUIREMENTS AND QUALIFICATIONS

• Possess a bachelor’s degree in accounting or finance or equivalent qualification from recognized universities.
• A recognized professional accounting qualification (e.g. CA ANZ, ICAEW, ACCA, CPA) is preferred.
• Minimum 8 years’ experience in the general accounting or of similar capacity.
• Prior experience as an external auditor in reputable audit multinational firms will be an advantage.
• Experience within the upstream oil and gas industry is preferred.
• Strong knowledge of IFRS accounting standards and application.
• Ability to work in a fast-moving environment with positive and proactive attitude.
• Proficiency in SUN Systems and Microsoft Office (e.g. Excel, Word, Power Points) applications will be an added advantage.
• Excellence communication skills (both verbal and written) and strong interpersonal skills.
• Self-motivated, strong analytical and financial analysis capabilities, high attention to detail and the ability to work independently.
• Ability to collaborate effectively with cross-functional teams, including finance, accounting, and business operations, to gather data, share insights, and drive financial outcomes.
• Certified with relevant professional competencies will be an added advantage.