Key Responsibilities
Record Direct and Indirect expenses, customer collections, vendor account reconciliation for payment.
Recording of JV project payments and entries into project accounts
Preparation of JV financial statement/ reports on timely basis in accordance with PA/ JOA specifications.
Support JV payments by ensuring accurate partner balances, prepare detailed JV partner account reconciliation.
Prepare joint interest billings (JIBs), validate project expenses, and ensure proper sharing of costs and revenues, validate Cost centre, AFE
Assist with accruals and cost corrections
Agreement Compliance: Review Joint Operating Agreements (JOA) to ensure correct profit/loss sharing, expense allocations, and adherence to industry standards
Sharing requisite data with Tax advisory/ Auditor
Qualifications & Skills
Bachelor’s degree in Accounting & Finance/ Cost accountant/ CA Inter.
2 to 3 years of accounting experience, ideally specializing in joint ventures or partnership accounting preferably in Oil & Gas sector.
Proficiency in TALLY and Excel
Solid interpersonal communication skills to act as the primary liaison between internal operations and external partners.