Subject Matter Expert

2 hours ago


Chennai Tamil Nadu, India Petrofac Full time

**Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.**

We design, build, manage, and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit, regardless of race, nationality, religion, gender, age, sexual orientation, marital status, or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

The world is re-thinking its energy supply and energy security needs and planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

This is an exciting time to join us on this journey.

**_ Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?_**

**JOB TITLE**:Subject Matter Expert**

**KEY RESPONSIBILITIES**:
- Verifies and reviews details (both sending and receiving) of intercompany requests received
- Determines appropriate Intercompany accounting details (e.g. GL accounts, Project code, Transaction Type, Tax Code etc.), when required
- Posts Intercompany journal entries on both sides for cross-company enabled locations and to one location if not cross-company enabled
- Works with appropriate accounting and ITcontact persons for Intercompany transactions not going through the ERP
- Monitors pending Intercompany requests (either Sending or Receiving) and provides status updates to parties who will need to action such requests
- Prepares accruals for recurring transactions and unbilled transactions
- Ensures timely expense recognition (on both sides) for year-end Intercompany related accruals
- Performs preliminary and final Intercompany reconciliations for all locations
- Resolves intercompany reconciling items (exceeding the threshold) within month-end reporting timelines
- Resolves intercompany reconciling items (below the threshold) within a two-month time frame.
- Coordinates with Treasury for any settlement requirements
- Prepares tracker for payments and collections relating to Intercompany
- Perform any other ad hoc tasks as required.

**ESSENTIAL QUALIFICATION & SKILLS**:

- Semi qualified Chartered Accountant / ICWA (Cost Accountant) / Postgraduate in Accounting & Finance is recommended.
- Minimum of three years of hands-on experience as a financial accountant, IC Accounting or similar is recommended.
- Excellent social and communication skills.
- Advanced level on Microsoft Office (Excel - Pivot Tables, Word and PowerPoint).
- Adherence to deadlines to work on own initiative a requirement.
- Technical accounting knowledge in Oracle fusion.
- Works effectively under pressure.


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