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Revenue and Royalties Accounting Analyst
2-5 years
Bangalore / Bengaluru
1 vacancy
Revenue and Royalties Accounting Analyst
ExxonMobil
posted 20d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
This role is responsible for accurately recognizing revenue, calculating and paying royalties / taxes, and preparing government required reports. Also, analyze and transmit payments to stakeholders, oversee payment processing, and perform analysis as needed. Additionally, support audits by preparing documentation and address inquiries from internal and external auditors.
Location: Bengaluru, India
Location: Bengaluru, India
What you will do
- Revenue Recognition: Accurately and timely recognize revenue in accordance with accounting standards and company policies
- Royalties Calculation: Calculate, report, and pay royalties to stakeholders, ensuring compliance with contractual agreements and regulatory requirements
- Tax Management: Perform accounting activities related to government required taxes, including calculate, submit, and pay taxes to governmental agencies.
- National Reporting: Perform required federal royalty payments and reporting.
- Audit Support: Support internal and external audits by preparing documentation, responding to inquiries, and ensuring compliance
- Financial Tasks: Handle various financial tasks, including cost bank bookings, reserves updates, and inventory valuation.
About You
Skills and Qualifications
- Bachelor s degree in Finance, Accounting, Business Administration, or a related field
- CPA or relevant certification is a plus
- Minimum of 1 years of experience in accounting /revenue and royalties management, preferably within the oil and gas industry
- Experience with SAP GUI, SAP S/4 HANA, SAP-PRA, PAS, BlackLine, or other revenue accounting systems is preferred
- Strong understanding of accounting principles and practices, especially related to revenue and royalty accounting; Experience with US GAAP accounting standards is a plus
- Ability to analyze financial data and transactions to ensure accuracy and compliance
- Effective communication skills to liaise with governmental agencies, working/royalty interest owners, and internal teams
- Strong problem-solving skills to address and resolve discrepancies or issues in financial transactions
- Excellent organizational skills to manage multiple tasks and deadlines efficiently.
Employment Type: Full Time, Permanent
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Flexible timing
Monday to Friday
No travel
Day Shift
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Crescent #1, Prestige Shantiniketan. Whitefield Main Road
Bengaluru/Bangalore, Karnataka
560048
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