PSC / JV Accountant

Job type: Permanent
Contact name: Jasmine Haqueen

Contact email:
Job ref: 33590
Published: 11 months ago
Startdate: 23 July 2023 - 23 July 2023

PSC / JV Accountant 

Job Duties : 

  • Helps handle the Production Sharing Contract (PSC) accounts, including financial reporting, AFE, monthly Joint Interest Billing (JIB), and Cash Calls.
  • Adherence to PSC accounting in accordance with the PSC and JOA
  • The timely preparation and submission of all monthly, quarterly, and annual financial statements and expenditure statements in accordance with the PSC and JOA
  • As per the JOA, monthly Cash Call and Joint Interest Billing (JIB)
  • A third-party examination of the quarterly PSC Statement of Expenditures
  • Help the PSC/JV Lead Accountant with the client's PSC cost recovery audit and the audit of the JV partner.
  • Master Data custodian, AFE, and Sun System Administrator.
  • Month-end close activities for PSC/JV accounts, such as PSC-related transactions, G&A accruals, allocation cycles, cutback & overhead processes, are prepared and finished on time.

Job Requirements : 

  • Possess at least a bachelor’s degree, Post Graduate Diploma, Professional Degree in accounting and/or professional accounting qualification
  • Minimum 7 years related working experience in auditing and/or accounting with at least 2 years working experience in Malaysian PSC environment
  • Preferred with experience in KLSE (Bursa) reporting
  • Well versed with PSC accounting and IFRS compliant Oil & Gas accounting, preferably with experience in SUN System
  • Able to manage Government Authorities, business partners and auditors
  • Good presentation and communication skills.