Job Description

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