Financial Controller (KL)

Financial Accounting & Reporting:

• Oversee the preparation and timely submission of accurate financial statements in accordance with Malaysian Financial Reporting Standards (MFRS), relevant statutory requirements, and specific accounting guidelines for the oil & gas industry (e.g., upstream, midstream, downstream).
• Manage the month-end, quarter-end, and year-end closing processes, ensuring adherence to strict deadlines.
• Ensure compliance with Bursa Malaysia listing requirements (if applicable) and other regulatory bodies relevant to the oil & gas sector in Malaysia (e.g., PETRONAS, SKK Migas if involved in Indonesian operations).
• Manage the tax accounting function, including the preparation and filing of corporate tax, petroleum income tax (if applicable), withholding tax, and other relevant taxes specific to the oil & gas industry in Malaysia.
• Coordinate and manage relationships with external auditors, tax advisors, and regulatory authorities.

Cost & Operational Accounting:

• Develop and maintain robust cost accounting systems to track and analyze costs across the oil & gas value chain (exploration, production, refining, distribution, etc.).
• Analyze production costs, lifting costs, operating expenses, and capital expenditures, identifying variances and opportunities for efficiency improvements.
• Oversee inventory accounting for crude oil, natural gas, and refined products.
• Provide financial support and analysis to operational teams, including production, engineering, and supply chain.

Budgeting, Forecasting & Financial Planning:

• Lead the development of annual budgets, forecasts, and long-term financial plans, incorporating the unique economic and operational factors of the oil & gas industry (e.g., commodity price volatility, project timelines, capital intensity).
• Monitor financial performance against budgets and forecasts, providing insightful variance analysis and recommendations.
• Develop and maintain complex financial models to support investment decisions, project evaluations, and strategic planning.

Treasury & Risk Management:

• Manage the company's cash flow, ensuring optimal liquidity for operational needs and capital projects.
• Oversee banking relationships and manage financing activities.
• Manage financial risks inherent in the oil & gas industry, including commodity price risk, foreign exchange risk, interest rate risk, and credit risk. Implement hedging strategies where appropriate.
• Ensure compliance with treasury policies and procedures.

Internal Controls & Compliance:

• Establish and maintain a strong system of internal controls to safeguard assets, ensure the integrity of financial information, and comply with relevant regulations, including those specific to the oil & gas sector.
• Ensure adherence to company policies and procedures.

Team Leadership & Development:

• Lead, mentor, and develop a high-performing finance team.
• Foster a collaborative and results-oriented work environment.