Accounts Payable Officer

Jadestone Energy is an independent oil and gas production company focused on the Asia Pacific region. In 2021, Jadestone acquired SapuraOMV’s assets in Peninsular Malaysia. These assets include interests in four licenses, two of which Jadestone has operated since the 2021 acquisition. These include a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated interest in the PM323 PSC, which contains the East Belumut, West Belumut and Chermingat fields.

In addition, Jadestone acquired a 50% non-operated working interest in the PM318 and AAKBNLP PSCs, which were operated by PETRONAS Carigali. Jadestone assumed operatorship and full interest of those two PSCs early 2023 and is now engaged with PETRONAS on a path to unlocking additional value through these assets.

Outside of Malaysia, the Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.

Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024. Most recently, the Company acquired a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman’s business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia Pacific region. Jadestone Energy plc is listed on the AIM market of the London Stock Exchange (AIM: “JSE”). The Company is headquartered in Singapore, has its principal technical team in Kuala Lumpur and country operational offices in Perth, Jakarta and Ho Chi Minh City.

Who are we looking for?

• Individuals who are passionate, enthusiastic and provide critical expertise to drive Jadestone Energy’s growth, strategy and value generation. As a company with multiple core operating areas in the Asia Pacific region, it is important that all our employees are culturally sensitive and respectful of others.
• Jadestone Energy is committed to reducing our environmental footprint whilst bringing the social and economic benefits of our industry to the countries in which we operate. Employees are expected to value this commitment whilst always delivering safe and efficient operations across assets, cultures and geographies.

What we offer:

• An exciting and highly nimble work environment where employees will collaborate with a diverse international team who will encourage them to learn, grow, challenge themselves and show their entrepreneurial spirit.
• At Jadestone Energy, you will join a company with a leadership team that has a proven industry track record of success. Jadestone Energy is a new and exciting company, with a pioneering spirit where individuals can truly make a difference and flourish.

Key Accountabilities:

• Ensure all invoices are paid by the due date, with the appropriate DoA (Delegation of Authority) approval and paid in the correct currency.
• Maintain company reputation and rapport with suppliers and resolve any problems that occur through communication with the supplier and commitment to customer service.
• Ensure systems (financial and banking software) and processes with the accounts payable process are working effectively and resolve problems as they arise.
• Liaise with all areas within the organization (internal customers), external suppliers, external auditors, other members of the finance team and banks.
• Know and understand the financial delegation process and determine which financial delegates must authorize which invoices.
• Good knowledge and understanding of GST/SST/WHT requirements for Malaysia and foreign currency invoices to ensure GST/SST/WHT is accurately applied (GST input credits, tax invoice requirements, FX rates, etc.).
• Ensure foreign payments are converted accurately and projections for future currency requirements are communicated to the Financial Accountant for cash forecasting purposes.
• Ensure invoices are approved and returned to AP within a timely manner for process before the end of month financial process; and follow up with internal clients if required.
• Ensure 30+ days aged invoices are appropriately controlled and follow up as required.
• Perform payment runs in SUN and payments are performed in the group banking system.
• Disburses petty cash by recording entry and verifying documentation.
• Assist in creating new vendor and comply with vendor Management policy.
• Upload exchange rate to SUN and comply with PSC environment.
• Prepare bank reconciliation for entity level on monthly basis.

Qualifications:

• Diploma or Degree Holder in Accountancy or Finance

Experience, Skills and Knowledge

• Minimum 5 years’ experience in areas such as accounts payable, data entry, banking, and administrative functions, preferably in the oil & gas industry and ideally in medium/large accounts payable environments.
• Ability to perform high volume processing.
• Good level of proficiency with Microsoft applications – Word / Excel.
• Experience or knowledge in using ERP Systems (SUN, SAP, or others).
• Ability to work in a team environment.
• Understanding of basic oil and gas accounting.
• Good interpersonal skills.
• Ethical business conduct, oriented to customer service.
• Well organized, able to work to a schedule.
• Reasonable standard of written and verbal communication skills.

*The position will be filled via a third-party contractor.

Tahap senioriti

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• Jenis pekerjaan

  Kontrak

Accounting Executive - Accounts Receivable, Finance

Accounting Executive - Accounts Payable/Accounts Receivable, Finance

Accounting Executive - Accounts Payable, Finance