| Profile Detail of ID: JO19683 |
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| Moderation Date |
2010-07-29 (yyyy-mm-dd) |
| Post Date |
2010-07-29 00:00:00 (yyyy-mm-dd) |
| Job Title |
Asset Accountant |
| Work Type |
Accounting |
Industry |
Oil/Petrolium |
| Job Code |
JB234 |
Job Mode |
Permanent |
Vacancies |
3 |
| Gender M/F |
yes/yes |
Age |
22 - 35 Years |
Experience |
4 - 8 Years |
| Required Educational Qualification/s |
| Education Level |
Stream |
Subject |
| PG Diploma |
Commerce |
|
| Skills |
Joint Venture Accounting, Chartered Accountant, Auditing, Taxation, MIS Reporting, |
| Career Level |
Middle Management - Manager Equivalent |
| Salary Offered |
INR 1000000 to 2000000 [ Annual Salary] |
| City |
State |
Country |
| Noida |
UP |
India |
| Delhi |
Delhi |
India |
| Gurgaon |
Haryana |
India |
| Jaipur |
Rajasthan |
India |
 |
| Short Description |
ASSET ACCOUNTANT
Role : Responsible for the accounting & audit of joint ventures (Indian & Overseas) in which thee company has participating interests. Compliance of the PSC, joint venture agreements, related laws and accounting standards.
Reports to : Functionally to General Manager Finance & Accounts and administratively to Head – Projects.
Direct reports: Executive - Accounts
Educational Qualification: Chartered Accountant
Work Experience: 4 to 8 yrs in a private/public sector/International organization preferably in the business of oil & gas exploration and production.
Other Relevant Direct Skills: Excellent MS office skills needed. Working knowledge of ERP system is a must.
Primary Responsibilities:
1. 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)
2. 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
3. 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.
4. Budgets
• Preparation of budgets for the block.
Discussions & approvals of the same from JV partners
5. Taxes
• Computation of tax benefits for the asset(s).
Sales tax, Service Tax and other tax laws as applicable.
KEY INTERACTIONS – External
Nil |
| ID of Recruiter |
919929 - [ Link of the Recruiter ] |
| Address |
C-4/194, Sec-36, |
| City |
Noida |
| State |
UP |
| Country |
India |
| Pin / Zip Code |
201301 |
| Fixed Phone |
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| Mobile Phone |
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| For better results, put the reference as 'JO19683 - Jobconsultancy.com'. |
| Email |
shramikexecuitvesearch@job4u.com Free CV Upload |
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