Manager Finance
Job Ref No: 180
Location: India
Job Type: Staff
Position Description:
A Manager Finance role for candidates of Indian nationality. Responsible
for the accounting & audit of joint ventures (Indian & Overseas) in which the
Company has participating interests. Compliance of the PSC, joint venture
agreements, related laws and accounting standards. Reports to: General Manager
Finance & Accounts
Primary Responsibilities include:
Joint Ventures Accounting
- Supervision of maintenance of accounting records for various production
sharing contracts
- Bills approvals & ensuring timely payments
- Adherence to the Internal Controls , Systems and Standard Operating
Procedures
- Preparation & submission of cash calls to JV partners and realization
thereof.
- Allocation of Expenses/ Debit notes
- Dealing with banks for payments , issuance of BG LC’s pertaining to
asset(s)
Audit
- To get all the financials audited by Auditing firm, Partner & regulatory
bodies.
- Preparation and approval of cost recovery statements as per DGH formats
/ or as stipulated in PSC’s/ licenses
MIS Reporting
- Monthly MIS preparation and Variances analysis for the assets.
- Projected cash flows for assets
- Periodical financial statements submission to Government agencies as per
PSC agreements.
Budgets
- Preparation of budgets for the block.
- Discussions & approvals of the same from JV partners
Taxes
- Computation of tax benefits for the asset(s).
- Sales tax, Service Tax and other tax laws as applicable.
Qualifications/Experience:
- Chartered Accountant
- 4 to 8 yrs in a private/public sector/International organization
preferably in the business of oil & gas exploration and production.
- Excellent MS office skills needed.
- Working knowledge of ERP system is a must.
Company Description:
A leading private sector company in the area of Oil & Gas
exploration and development and production (E&P) in India and abroad
