Key Responsibilities:
1. Intercompany Accounting & Month-End Closure
• Prepare and maintain a monthly entity-wise intercompany balance chart/reconciliation.
• Coordinate with finance teams across locations to identify and resolve differences before month-end.
• Drive timely settlement/zeroing of intercompany balances wherever required and ensure balances are appropriately reconciled for monthly consolidation and elimination.
• Maintain ageing of unreconciled items and follow up for closure.
• Support month-end closing schedules and balance-sheet reconciliations.
2. Accounts Receivable & Client Invoicing
• Responsible for monthly invoicing to customers, as a shared KRA with other finance team members.
• Ensure invoices are raised accurately and in accordance with contractual/commercial terms.
• Coordinate with operations and commercial teams for supporting documentation and resolution of billing issues.
• Support customer balance reconciliations and AR reporting.
3. Treasury, Interest & Finance Cost Controls
• Prepare and validate monthly interest workings for:
• Bank overdrafts and working-capital facilities
• Loan/financing arrangements, including Innovation funding
• Bank charges and financing costs
• Intercompany loans and balances carrying interest
• Reconcile interest calculations with lender/bank statements and accounting records.
• Maintain appropriate schedules for borrowings, interest accruals and repayments.
4. VAT & Withholding Tax
• Own VAT computation, reconciliation and filing for all applicable entities.
• Reconcile VAT returns with books of account and underlying transactions.
• Review withholding-tax implications on interest and intercompany transactions, including cross-border arrangements such as DMCC and KSA.
• Coordinate with local teams/advisers for timely statutory submissions and supporting documentation.
5. Audit & Compliance Support
• Provide schedules, reconciliations and supporting documentation for annual statutory audits.
• Respond to auditor queries relating to AR, treasury, intercompany, VAT, interest and related balances.
• Maintain audit-ready documentation throughout the year rather than reconstructing schedules at year-end.
Candidate Profile
The ideal candidate should have:
• Graduate degree in Commerce, Accounting or Finance; MBA Finance preferred.
• 7–8 years of relevant experience in finance/accounting.
• Strong practical exposure to intercompany accounting and reconciliations.
• Experience in AR/customer invoicing and month-end close.
• Understanding of treasury operations, bank borrowings, OD/working-capital interest and bank charges.
• Working knowledge of VAT/GST and withholding-tax concepts.
• Experience working in a multi-entity or multinational environment is strongly preferred.
• Strong Excel skills and ability to independently prepare/review complex reconciliations.
• ERP/accounting-system experience.
• Strong follow-up and coordination skills, particularly when working with finance teams across different countries and time zones.
• High attention to detail with a closure-oriented mindset.
Key Competencies
• Research & Analytical Skills
• Networking & Relationship Building
• Negotiation Skills
• Stakeholder Management
• Attention to Detail
• Problem Solving
• Teamwork & Collaboration
• Positive Attitude and Self-Motivation
Skills:-
• Excellent verbal and written communication skills.
• Strong sourcing, research, and market mapping capabilities.
• Proficiency in ATS, MS Office, databases, and internet research tools.
• Understanding of Oil & Gas industry talent requirements and market trends.
• Experience using AI-enabled sourcing and recruitment tools.
Experience: 7 – 9 years
Qualification: Graduate in Commerce/Finance; MBA Finance preferred
Reporting: AVP Finance
