Accountant, Executive (Oil and gas)
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Education: 5
Experience: 16 years
Relocation: Yes - Internationally
Industry Experience |
10 years |
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Other |
6 years |
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0 years |
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Career Objective
Monitor the transactions to compliance with Production Sharing Contract (PSC), review the financial status of partners and inform to partners by Joint Interest Billing statement (JIB), allocate G & A costs to appropriate cost centre.
Professional Experience
Based in the Head office in Yangon. Monitor the transactions to compliance with Production Sharing Contract (PSC), review the financial status of partners and inform to partners by Joint Interest Billing statement (JIB), liaise with partners and, allocate G & A costs to appropriate cost centre.
Arrange and liaise with Joint Venture Audits conducted by JV Partners and follow-up action for audit findings.
Monitor the Revenue accounting such as Oil and Gas revenue billing, Condensate billing in accordance with Gas Sale Agreement (GSA), fix the exchange rates and distribute to all partners.
Liaise with partner offices and Trust Account bank (HSBC Singapore, CIMB Singapore) and operational accounts as well.
Review the calculation of Monthly Cash Forecast & cash call request to partners & operator to ensure accuracy, timely & sufficient to optimise fund for operations in accordance with the Joint Operating Agreement (JOA) terms.
During Aug 2003 to Apr 2007 took responsibility as Project Accountant (Exploration/Drilling). Based in the Head office in Yangon. Accountant of the 100% Petronas owned exploration campaign and drilling project team, handling full set of Petronas 100% owned accounts, responsible for the drilling programmes of the Petronas Carigali's Operations in Myanmar offshore, submit daily, weekly and monthly financial reports to management and control AFE Vs cost to date. Monitor Approved Contract Values and conformity of invoices with terms and conditions of contracts, Purchase/ Service Orders.
In Mar 2002, started as Assistant Management Accountant and responsible for Budget preparation, submitting monthly budget officer report to management, preparing accruals for month end closing, prepared partners' billing statements, monthly management reports and partners' cash calls and monthly Capex / Opex report.
Eductation
B.COM (Bachelor of Commerce)
Institute of Economic, Yangon, Myanmar.
C.P.A (Certified Public Accountant)
Myanmar Accountancy Council
Certification
Advanced Upstream Oil & Gas Accounting ( Prof. Robert Koester, GAITE consulting, Nevada, USA)
Email: rkoester@gaitcons.org, Website: www.gaitecons.org
Exploration and Production Accounting -II ( MDT International Aberdeen AB25 1 XT,U.K ), Email: info@mdtinternational.com,
Website: ww.mdtinternational.com
Practice of Petroleum Economics (INSTEP, Petronas)
Quality Education System (Philip Crosby Associates II, Inc)
Business writing skills course
Worked related Stress Management
Additional Information
Other Qualifications Microsoft Office ( Excel, Word, Access, Power point )
Sun Systems, Vision for Sun system, Vision Executive
Accpac (DOS version)
Adobe Page Maker
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