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Assistant Finance Manager

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CompanyMPRL E&P Pte Co., Ltd.
Industry
Energy
No of Employees
201-500
Website
http://www.mprlexp.com
Company description

MPRL E&P is a privately owned, independent oil and gas exploration and production company with interests in both onshore and offshore Myanmar. Founded in 1996, we are now at an exciting stage in our development as we evolve to take advantage of new business opportunities, consolidate our successes to date and collaborate with other major E&P companies to progress new projects.

MPRL E&P is a privately owned, independent oil and gas exploration and production company with interests in both onshore and offshore Myanmar. Founded in 1996, we are now at an exciting stage in our development as we evolve to take advantage of new business opportunities, consolidate our successes to date and collaborate with other major E&P companies to progress new projects.


Job description
• Assist FXM for all accounting as per the obligations spelled out in the applicable Laws, Rules & Regulations; PCC, PSC & IPR contracts with MOGE and JOAs with Partners, including Monthly and Quarterly statements, Cash Calls, JIB transactions, Tax filing, Monthly Invoices to MOGE for Incremental Production, Invoice processing, and Cost Tracking.
• Maintaining a financial system that is consistent with Oil and Gas accounting practices, International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), Myanmar Financial Reporting Standards (MFRS) and Myanmar Accounting Standards (MAS).
• Apply and implement Tax Exemption / Relief for not only Corporate Income Tax but also Withholding Tax & Commercial Tax in compliance with applicable Tax Laws, Foreign Investment Law and Agreements between Governments.
• Prepare periodical/annual Project Audits (including not limited to Local, Overseas and Governmental Audits) and Partner Audits as required.
• Prepare projection of future investment needs, cash flow plan and corporate financing as necessary.
• Working with executives and business heads to prepare budgets and track profit/loss performance by projects and on consolidated basis.
• Supervise in preparing of financial reports and submissions to management on quarterly basis.
• Manage Payroll, Personal Income Tax and SSB for all employees.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
• Maintain cost allocation and cost tracking systems which accurately track costs on a Project by Project and Well-by-Well basis.
• Maintain an Invoice tracking system which ensures accurate and timely payment / receipt of Invoices (incoming and outgoing).
• Coordinate with Procurement, Materials and Logistics and Warehouse to maintain a Material Tracking System, Inventory Control System and an Internal Control System.
• As required, dealing, negotiating and communicating with Government Officials regarding financial issues.
• Maintain OGSYS Oil & Gas Computerized Accounting System, keeping current and generating necessary reports.
• Train and supervise all Accounting Staffs and can lead the team to achieve the Departmental goals.
• Supervise Accounting Staff in Yangon for the maintenance of all financial systems.
• Assist FXM to conduct for implementation of departmental yearly tasks & goals and to drive continuous improvement in departmental performance by strategically.

Desired Skills and Expertise
• Must have a Bachelor of Commerce and CPA (ACCA is more preferable)
• Must have minimum 8-12 years’ experience in Finance/Accounting
• Experience with Oil & Gas Accounting Principles, Procedures & Practices is preferable
• Understanding of Oil and Gas Accounting
• Analytical Skill
• Good Technical Skills including Computer & Accounting Software
• Excellent of written and spoken English
• Must have strong Leadership skill
• Able to travel whenever required.

Language skills

We offer Male / Female
Salary is negotiable

Work location 84-85,Hlaing Myint Moh Lane # 1,10 th Quarter, Hlaing Township(11051)
Yangon
Myanmar
State/District: Yangon Region

More information Industry: Accountancy / Finance
Job Function: Assistant Finance Manager
Employment Type: Other
Full time: YES
Job posted: 8/11/2016

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