EMPREGO

Chief Accountant

Valeura Energy Inc.-Thailand

* KEY ACCOUNTABILITIES:
*Cash Management

  • Monitor daily cash inflows/ outflows and bank balances; ensure adequate liquidity for both corporate bank account and JV bank account.
  • Prepare cash flow forecasts, cash flow statements and present to VP Finance on a monthly basis.
  • Optimize bank interest income
  • Coordinate with banks on transactions, financing, investment activities, and Financial security requirement.

PSC Accounting

  • Ensure compliance with PSC & JOA accounting requirements.
  • Record and manage revenue, OPEX, CAPEX, intercompany, accruals, and year‑end adjustments.
  • Prepare monthly/quarterly/annual PSC financial statements and cost recovery reports.
  • Perform PSC revenue allocation, profit split, royalty, and cost recovery.
  • Coordinate with DMF, JV partners, auditors, and tax advisors.
  • Support WP&B preparation; monitor budget vs. actual.
  • Review on-operated JV expenditures and AFE compliance.

Joint Venture Accounting

  • Supervise the JV accounting team to ensure full compliance with JOA requirements across accounting, reporting, budgeting, AFEs, and governance processes.
  • Oversee and review the preparation of Joint Interest Billings (JIB), Cash Calls, and JV financial statements, ensuring accuracy, completeness, and timely submission to partners.
  • Coordinate the preparation of WP&B and actual expenditure reports; review team outputs and present consolidated financial updates in TCM/OCM meetings.
  • Review and validate monthly financial performance analysis and operational highlights prepared by the team; present key findings to VP Finance and the Finance Team Lead.
  • Act as the primary finance focal point for JV partners, overseeing team responses to partner queries and ensuring clarity, consistency, and proper documentation for all billings and cost allocations.
  • Supervise team actions regarding collections and correspondence regarding Cash Call received from partners.
  • Identify-related financial issues—such as budget overruns, allocation discrepancies, or disputes—and provide guidance to the team while recommending solutions to senior management.

Accounting & Financial Reporting

  • Working with GL Chief Accountant to set the schedule and manage month-end and year-end closing process, including GL review & documentation and meeting reporting deadlines as specified by Corporate Finance team.
  • Working with GL Chief Accountant to ensure proper preparation, review and approval of account reconciliations and financial statements
  • Working with GL Chief Accountant to manage the coordination of independent auditors quarter-end and year-end audits, including taking ownership of audit issues and their resolution within corporate timeframes.
  • Lead and Supervise JV Accountants for both Joint Venture and Corporate accounting matters
  • Review monthly financial close of Thailand BUs companies by ensuring tasks are accurate and completed on time.
  • Review and approve general ledger journal entries and account reconciliations.
  • Ensures JIB is properly accounted for and correctly allocated.
  • Ensures JIB is provided to partners on time.
  • Maintains accounting policy, manual, and procedures.

Tax and Audit Compliance

  • Working with GL Chief Accountant and JV accountants to Facilitates JV audits initiated by non-operating partners.
  • Working with Tax manager, GL Chief Accountant and JV accountants to Facilitates Revenue department/ DMF Audit.
  • Ensure data completeness and prompt resolution of audit queries.

Others

  • Prepare ad hoc report for all users request.
  • Perform other duties assigned by VP Finance
  • Coaching and providing advice to other Finance Team members
    * QUALIFICATIONS:
    *    Knowledge & Qualifications:

  • University degree in Accounting and/or Finance, preferably a qualified professional accountant
  • Good knowledge of accounting procedures, protocols and guidelines
  • Good knowledge of the Thai Petroleum Tax Laws and international accounting standards such as IFRS.
  • Knowledge of the Oil and Gas environment with a background in Accounting

Experience:

  • 7-10 years of direct experience in the Oil and Gas accounting field (E&P industry)

Skills:

  • Planning and organising skills
  • Strong analytical skills
  • Spreadsheet and computer skills on Accounting Software e.g. Oracle
  • Communications skills in English
  • Cost consciousness
  • Time Management

Work Condition:

  • Enjoy a dynamic on-site work environment, 5 days a week.
  • While there is no hybrid work option available, the company offers flexible working hours, commitment to work-life balance, also comprehensive health benefits, professional development opportunities, and a collaborative team culture.

DISCLAIMER: