Payroll Accountant
Job Purpose
Job Responsibilities
Education
Must Know:
Eligibility Criteria:
Competencies
International Investment and Financial Management
Audit Process
Corporate Compliance
Corporate Governance
Cost Control
Department Objectives and KPIs
Financial Risk Management
Document Control (Technical)
Electronic Document Management - Business Documents
Financial Authority Manual (FAM)
Joint Venture Audits
Management of Change
Organization and Management of Meetings
Annual Audited Financial Statements
Review of Contractor and Supplier Invoices
Software Skills - MS Office
Standard Operating Procedures
Cost Recovery - Venture and Operating Agreements and Contracts
Corporate Reporting - Internal
Joint Venture Reporting
Vendor and Contractor Financial Risk Assessment
Accounting Fundamentals
Accounts Payable
Finance and Accounting System (User Support)
Accounts Receivable
Company Accounting Practices
Audit Process - Finance
Internal Control
Petroleum Project Accounting
Preparation of Financial Statements and Consolidation
Accruals and Value of Work Done Calculations
Financial Close Out of Projects and Contracts
Finance and Accounting System (Reporting)
Finance and Accounting System (Accounting)
Bank Accounting & Cash Management
Financial Forecasting, Planning, and Control
Project Financing
Financial Reporting - Internal & External
Financial Compliance - Venture and Operating Agreements and Contracts
Procurement Process - Financial Review
FCW, VAT and PIC Taxes
Internal and External Tax Experts
Production Sharing Contract Taxation
Annual Work Program and Budget (WP&B)
Business Data Management
Planning and Organizing
Report writing
Business Continuity and Disaster Recovery Planning
Stewardship of Resources
Certifications
Skills
Physical Requirements
Years of Experience
- Timely calculation of salaries.
- Provision of relevant information and clarifications to employees regarding their salaries.
Job Responsibilities
- Receipt of timesheets from the HR Department in the electronic form (Excel format) and calculation of the timesheets by exporting them into the salary software;
- Calculation of salaries and other payments of company employees as per the employment contracts and other relevant lists of the HR Department;
- Calculation of allowances for temporary disability as per verification and specified date of the HR Department on the sick leave certificate;
- Calculation for memorandums received from the HR Department after their preliminary verification by the legal counsels of the company;
- Preparation of data and operative reports related to salaries;
- Preparation of data and information on collection of alimonies;
- Performance of instructions of the line manager and company management.
- Receiving primary payroll documentation and not receiving payroll documents for implementation without their preliminary verification by the HR Department and legal counsels of the company.
- Issuing salary related references to company employees upon their request;
- Submission of salary summary and summary per each employee for verification and approval of the line manager and company management;
- Submission of the summary list to the Finance Department at Ashgabat Office for further attribution of payroll costs.
- To comply with confidentiality requirements under the applicable laws of Turkmenistan and company policies.
- Review and initial expense claim forms submitted by employees through HR department prior to approval of Lead Accountant or Head of Finance
Education
Must Know:
- Solid working knowledge and experience in the generally recognized principles of international and local accounting practices, National accounting standards, labour law and other relevant regulations.
- Knowledge and use of accounting software (preferably SAP and/or Oracle), MS Office programs, as well as good written and spoken English.
- Other Finance and Accounting competencies include:
- Financial Authority Manual (FAM)
- Accounting Fundamentals
- Expense Reporting and Employee Advances
- Able to communicate with all departments, including staff in the Dubai office and in the field office.
- Strictly follow all the requirements of the Company HSE rules, policies and regulations.
- Comply with the Local and International HSE Rules and Regulations.
Eligibility Criteria:
- Bachelor's Degree or Diploma in Accounting, Finance, Economics or Business Studies. Professional accreditation (CIMA/ACCA/ICAEW/CPA) is not mandatory but good to have. Equivalent local Turkmenistan degrees are acceptable.
- Minimum 2 years oil and gas industry finance and accounting experience, with at least one year in an international company.
Competencies
International Investment and Financial Management
Audit Process
Corporate Compliance
Corporate Governance
Cost Control
Department Objectives and KPIs
Financial Risk Management
Document Control (Technical)
Electronic Document Management - Business Documents
Financial Authority Manual (FAM)
Joint Venture Audits
Management of Change
Organization and Management of Meetings
Annual Audited Financial Statements
Review of Contractor and Supplier Invoices
Software Skills - MS Office
Standard Operating Procedures
Cost Recovery - Venture and Operating Agreements and Contracts
Corporate Reporting - Internal
Joint Venture Reporting
Vendor and Contractor Financial Risk Assessment
Accounting Fundamentals
Accounts Payable
Finance and Accounting System (User Support)
Accounts Receivable
Company Accounting Practices
Audit Process - Finance
Internal Control
Petroleum Project Accounting
Preparation of Financial Statements and Consolidation
Accruals and Value of Work Done Calculations
Financial Close Out of Projects and Contracts
Finance and Accounting System (Reporting)
Finance and Accounting System (Accounting)
Bank Accounting & Cash Management
Financial Forecasting, Planning, and Control
Project Financing
Financial Reporting - Internal & External
Financial Compliance - Venture and Operating Agreements and Contracts
Procurement Process - Financial Review
FCW, VAT and PIC Taxes
Internal and External Tax Experts
Production Sharing Contract Taxation
Annual Work Program and Budget (WP&B)
Business Data Management
Planning and Organizing
Report writing
Business Continuity and Disaster Recovery Planning
Stewardship of Resources
Certifications
Skills
Physical Requirements
Years of Experience
JOB SUMMARY