PETRONAS

100004994_Executive (KLCCP Stapled Financial Accounting)

PETRONAS  •  Malaysia (Onsite)  •  4 months ago
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Job Description

Role Purpose

Plan and execute the financial accounting functions through timely and accuracy of report and in compliance with the accounting standard and regulatory requirements.

Key Responsibilities

Statutory Reporting & Audit

  • Coordinate statutory audits and preparation of audited financial statements (OPU & Group)

  • Liaise with auditors and internal stakeholders to resolve audit issues

  • Prepare financial presentations and obtain approvals

  • Act as focal point for audit requirements for assigned portfolio/OPU

Month-End Closing & Consolidation

  • Manage monthly, quarterly and year-end closing activities

  • Ensure financial statements comply with accounting standards and policies

  • Coordinate AP, AR and operations to ensure timely and complete postings

  • Perform financial and expense analysis and prepare management reports

  • Support group consolidation and intercompany transactions (for Group role)

Accounting Standards & Compliance

  • Implement new or revised accounting standards

  • Ensure compliance with Group, industry and regulatory requirements

Tax & Regulatory Reporting

  • Prepare provisional tax computation and support tax matters

  • Maintain tax documentation and support queries from auditors/IRB

  • Manage transfer pricing documentation

  • Prepare quarterly reporting in compliance with Bursa and MFRS requirements

  • Manage Related Party Transactions (RPT) reporting

Requirements

Qualification

  • Degree in Accounting or equivalent

  • Professional qualification (ACCA / MICPA / ICAEW) is an advantage

Experience

  • Senior Executive: Minimum 3 years of accounting or auditing experience

Added Advantages

  • Experience in property industry

  • Knowledge of Bursa Malaysia and Securities Commission requirements

PETRONAS

About PETRONAS

Petroliam Nasional Berhad (PETRONAS) is a leading global energy company committed to powering society’s progress in a responsible and sustainable manner. With close to 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world’s largest corporations by revenue in the Fortune Media IP Ltd’s 2022 Fortune Global 500® list.

As Malaysia’s national oil and gas company, we safeguard and manage the nation’s hydrocarbon resources to ensure national energy security and maximise value. We explore, develop and produce hydrocarbons as well as cleaner energy solutions. We have three core businesses, namely Upstream, Gas and Downstream, supported by Project Delivery and Technology division, which acts as an enabler. We recently launched Gentari, our new entity providing customers with cleaner energy and lower carbon solutions in three core offerings – renewables, hydrogen and green mobility alongside our core portfolio.

We remain committed to produce oil and gas in a differentiated manner, with focus on reducing carbon emissions and at competitive cost. Our hydrocarbon portfolio today is two-thirds gas, which puts us in an advantageous position as gas and Liquefied Natural Gas (LNG) will continue to play a vital role even as the energy system evolves. As one of the leading LNG players in the world, PETRONAS will continue to serve the global LNG demand.

As a responsible and conscientious global energy player, sustainability is at the heart of our business and how we operate. Our commitment to responsible business growth and positive contributions to society and the environment remains unwavering. Fuelled by our passion to be a partner for our customers in the journey towards a lower carbon energy future, every step we take brings us closer towards achieving our aspiration of Net Zero Carbon Emissions by 2050 (NZCE 2050).

Industry
Oil, Gas & Mining
Company Size
10,000+ employees
Headquarters
Kuala Lumpur, MY
Year Founded
1974
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