Finance Executive

Position : Finance Executive Industry : Oil & Gas Location : Office, KL Job Description:

• Manage and support finance-related activities throughout the project lifecycle, ensuring effective financial planning, monitoring, and reporting.
• Perform project financial planning, budgeting, forecasting, and cost control activities to support project objectives and financial performance.
• Monitor project expenditures, analyze cost performance, and prepare financial reports, including budget tracking, variance analysis, and cost summaries.
• Process and verify financial transactions, including invoices, payments, accruals, journal entries, and account reconciliations in accordance with company policies and procedures.
• Review and validate vendor and contractor invoices to ensure accuracy, completeness, and compliance with contractual requirements.
• Support cash flow management activities, including payment planning, monitoring of outstanding receivables and payables, and financial forecasting.
• Prepare periodic financial reports (monthly, quarterly, and project-based) to provide insights into project financial status and performance.
• Maintain accurate financial records, documentation, and supporting evidence to ensure proper financial control, traceability, and audit readiness.
• Support internal and external audit activities by preparing relevant documentation, responding to audit queries, and ensuring compliance with financial requirements.
• Ensure adherence to financial policies, accounting standards, statutory requirements, and applicable regulatory obligations.
• Provide financial analysis, recommendations, and support to project teams to facilitate effective decision-making and cost optimization.
• Monitor financial risks, identify potential cost impacts, and recommend mitigation strategies to improve financial performance.
• Support project close-out activities, including final cost reconciliation, account closure, and preparation of final financial reports.
• Maintain accurate data entry and reporting within financial management systems or ERP platforms.
• Collaborate with project teams, vendors, contractors, and stakeholders to ensure smooth financial operations and timely resolution of financial matters.

Qualification/Skills:

• Bachelor's Degree in Accounting, Finance, or a related discipline, or equivalent professional qualification.
• Minimum 5 years of experience in Finance, preferably within the Oil & Gas, energy, engineering, or project-based industries.
• Minimum 3 years of experience in project finance, cost control, financial reporting, or similar roles.
• Strong knowledge of financial systems, ERP platforms, accounting principles, and project cost management practices.
• Experience in budgeting, forecasting, invoice verification, financial analysis, and cost monitoring.
• Proficient in Microsoft Office Suite, particularly Word, Excel, and PowerPoint.
• Good command of English with strong communication skills and the ability to engage effectively with internal and external stakeholders.
• Strong analytical skills, attention to detail, and ability to work independently in a project environment.
• Pleasant personality with good interpersonal and teamwork skills.

Note: Only those applicants who meet the above criteria will be contacted as part of shortlisting process