Vitol

Senior Account Executive

Vitol  •  Johor, MY (Onsite)  •  1 hour ago
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Job Description

Company Description

Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn.

ATB is owned by Vitol and it is the 7th crude refinery plant in Malaysia. Located at Pontian, Johor Darul Ta'zim, the 32kbpd refinery, is well-positioned to supply both the local bunkering and growing energy markets across the region.

The refinery neighbours VTTI-owned ATB terminal which includes over 1m m3 storage as well as 6 onsite jetties and can accommodate any size or type of tanker. This unique positioning enables us to offer our customers a secure and fully integrated supply chain, from production and blending of quality marine fuels, to storage and delivery.

Designed to be highly energy-efficient, the refinery deploys state-of-the-art technology including a distillation unit with a prefractionation column.

Job Description

Position Summary

The Senior Account Executive is responsible for managing key financial activities, including the collection, accuracy, recording, analysis, and presentation of the company's financial information. This role plays a critical part in supporting sound financial decision-making by ensuring accurate and timely financial reporting. Key responsibilities include financial data collection, entry, reconciliations, and the preparation of financial statements and reports. The Senior Account Executive may also be assigned additional duties to support the finance department's overall objectives.

Responsibilities include:

  • Maintain and update general ledger and accounting records accurately in accordance with financial policies and procedures.
  • Process supplier invoices and staff claims in compliance with company policies and procedures.
  • Record and reconcile accounts payable, accounts receivable, and intercompany balances
  • Prepare bank reconciliations and ensure accuracy of cash and bank records.
  • Manage a full set of accounts and ensure timely month-end closing.
  • Responsible for internal, external, and statutory financial reporting to various stakeholders (management and regional team)
  • Ensure fixed asset register is properly maintained and updated, tracking of project CAPEX
  • Perform variance analysis and monitor financial performance against budget and actual.
  • Support the development and consolidation of the annual budget in line with business strategies.
  • Coordinate with auditors, tax agents, intercompany partners, and relevant regulatory bodies.
  • Handle indirect tax matters such as SST and Withholding Tax (WHT) filings.
  • Participate in system enhancements, finance system implementations, and continuous process improvements.
  • Perform other ad-hoc tasks and projects.

Qualifications

Qualifications and Experience

  • Possess minimum Degree in Finance, Accounting or equivalent.
  • Working experience in Oil and Gas, refineries, tank terminal, plant sector will be a plus.
  • Able to handle full set of accounts.
  • Positive working attitude, responsible and attention to details.
  • Good excel and IT excel skills inputting data into information management system database.

Personal Characteristics

  • Good communication and interpersonal skills
  • Ability to work under pressure and manage multiple tasks simultaneously.
  • Excellent written and oral technical presentation skills
  • A can-do attitude
  • Global outlook. Able to work across organizational and cultural boundaries.
  • Team player, with an open non-political style and a high level of personal integrity
  • Energetic, resilient, and resourceful, with an ability to work accurately under pressure.

Additional Information

Only successful candidates will be contacted.

Vitol

About Vitol

We are a leader in the energy sector with a presence across the spectrum; from oil through to power, renewables and carbon credits. Every day we use our expertise to distribute energy around the world. We source from producers, refiners and intermediaries and deliver to refineries, utilities, airlines and retail distribution networks as well as wholesalers and other traders. We manage the physical risk associated with moving energy.

Our business is global: we trade over 7 million barrels per day of crude oil and products and charter around 6,000 ship voyages a year. We also use our technical expertise to manage a global network of energy infrastructure that we deploy to help meet supply and demand flows worldwide. Our trading and logistical expertise is supported by a suite of proprietary technology applications that we build and maintain in-house.

From more than 40 offices worldwide, we seek to add value across the energy supply chain, including deploying our scale and market understanding to help facilitate the energy transition. To date, we have committed over $2 billion of capital to renewable projects and sustainable energy solutions. The focus of our business is changing, and we are always looking for new people to help build the company for the next decade and beyond.

We are a flat organisation that has a collaborative and entrepreneurial ethos. Vitol’s people are empowered to own their decisions and take responsibility for their actions. The culture is underpinned by our core values of integrity, honesty and humility. Our colleagues comprise c.1,600 people with 65+ nationalities represented, making us a truly global organisation.

For more information: www.vitol.com

Our latest ESG report can be downloaded here: https://www.vitol.com/about/esg-report/

Industry
Oil, Gas & Mining
Company Size
1,001-5,000 employees
Headquarters
Rotterdam, NL
Year Founded
1966
Website
vitol.com
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