Role: Responsible for managing financial records, ensuring regulatory compliance, and providing strategic financial guidance tailored to the sector's complexities. Due to the industry's volatility and specific regulations, a CA in this field requires specialized knowledge beyond general accounting.
Qualifications
- Professional Certification: Must hold a valid Chartered Accountant (CA) qualification from a recognized body, such as the Institute of Chartered Accountants of India (ICAI).
- Education: A bachelor's degree in accounting, commerce, or a related field is required, with a minimum percentage depending on the entry path.
- Specialized Certification (Optional but Preferred): Certifications like Certified Petroleum Accountant (CPA) can demonstrate specific expertise in energy accounting.
- Experience: Employers often require 3–5 years of post-qualification experience, sometimes specifically within the oil, gas, or manufacturing industries.
Core responsibilities
- Financial Reporting: Prepare and analyze financial statements, such as income statements, balance sheets, and cash flow statements, to reflect the company's financial health.
- Cost Management and Analysis: Track, analyze, and manage operating expenses, capital expenditures, and production costs to identify opportunities for efficiency and cost reduction.
- Taxation and Compliance: Oversee tax planning and ensure adherence to local and federal tax laws and industry-specific regulations. This includes filing tax returns and managing tax liabilities.
- Auditing and Controls: Conduct internal and external audits to ensure financial accuracy, prevent fraud, and establish strong internal controls.
- Budgeting and Forecasting: Participate in budget preparation, monitor spending against the budget, and develop financial forecasts to support strategic planning.
- Revenue and Royalty Accounting: For production-focused roles, this includes tracking production volumes and calculating royalty payments to partners and governments.
- Financial Advisory: Offer financial advice to senior management on investment strategies, risk management, and capital allocation.
- Fixed Assets Management: Manage the accounting, verification, and control of fixed assets, including tagging, depreciation, and physical verification.
- ERP Utilization: Use and improve Enterprise Resource Planning (ERP) systems like SAP for financial and accounting processes.
Essential skills
- Technical Accounting Expertise: Strong knowledge of accounting standards such as Ind AS, IFRS, and Indian GAAP, along with industry-specific energy accounting principles.
- Analytical and Problem-Solving Skills: The ability to analyze large, complex datasets, interpret financial data, and solve intricate financial issues.
- Commercial and Market Awareness: An understanding of market trends, the impact of volatile energy prices, and geopolitical factors on the business.
- Attention to Detail: Meticulousness is critical for handling extensive financial data and ensuring accuracy.
- Software Proficiency: Expertise in accounting software (e.g., Tally, QuickBooks) and ERP systems (e.g., SAP, Epicor), along with advanced skills in Excel.
- Communication Skills: Excellent verbal and written communication is necessary to present complex financial data to both financial and non-financial stakeholders.
- Adaptability: The gas industry is dynamic and subject to frequent regulatory and market changes, requiring adaptability and a commitment to continuous learning.
- Ethical Conduct: High integrity and a strong work ethic are required for handling sensitive and confidential financial information.
Need Immediate Joiners Only, Can Send your updated cv @9136655976
Job Types: Full-time, Permanent, Contractual / Temporary
Contract length: 24 months
Pay: ₹50,291.29 - ₹80,937.67 per month
Benefits:
- Cell phone reimbursement
- Paid sick time
- Paid time off
- Work from home
Work Location: In person
