Revenue and Royalties Accounting Supervisor

ExxonMobil s affiliates have offices in India in Bengaluru, Mumbai and the National Capital Region.

ExxonMobil s affiliates in India supporting the Product Solutions business engage in the marketing, sales and distribution of performance as well as specialty products across chemicals and lubricants businesses. The India planning teams are also embedded with global business units for business planning and analytics.

ExxonMobil s LNG affiliate in India supporting the upstream business provides consultant services for other ExxonMobil upstream affiliates and conducts LNG market-development activities.

The Global Business Center - Technology Center provides a range of technical and business support services for ExxonMobil s operations around the globe.

ExxonMobil strives to make a positive contribution to the communities where we operate and its affiliates support a range of education, health and community-building programs in India. Read more about our Corporate Responsibility Framework.

To know more about ExxonMobil in India, visit ExxonMobil India and the Energy Factor India .

The Revenue and Royalty Accounting Supervisor will report to the Revenue and Royalty Accounting Manager and supervise the Revenue and Royalty Accounting Analyst. This role involves overseeing the day-to-day operations of the revenue and royalty accounting team, ensuring accurate and timely processing of financial transactions, and maintaining compliance with relevant regulations.

Location: Bengaluru, India

Key Responsibilities:

• Team Supervision: Supervise the Revenue and Royalty Accounting Analyst, providing guidance, development, and performance feedback
• Revenue Recognition: Oversee the accurate and timely recognition of revenue in accordance with accounting standards and company policies
• Royalties Calculation: Manage the calculation, reporting, and payment of royalties to stakeholders, ensuring compliance with contractual agreements and regulatory requirements
• Tax Management: Supervise accounting activities related to government-required taxes, including calculating, submitting, and paying royalty and tax returns to governmental agencies
• Payment Processing and Analysis: Ensure the accuracy and timeliness of revenue and royalty payment processing, ensuring compliance with tax regulations
• National Reporting: Oversee the performance of required national royalty payments and reporting
• Audit Support: Coordinate support for internal and external audits by preparing documentation, responding to inquiries, and ensuring compliance
• Financial Tasks: Supervise various financial tasks, including cost bank bookings, reserves updates, and inventory valuation

Qualifications Skills

• Education: Bachelor s degree in Finance, Accounting, Business Administration, or a related field.
• CPA or relevant certification is a plus
• Experience: Minimum of 7-10 years of experience in accounting/ revenue and royalties management, preferably within the oil and gas industry. Experience with SAP and BlackLine systems is a plus
• Skills:
  • Strong knowledge of revenue recognition principles and royalty management
  • Experience with US GAAP accounting standards is a plus
  • Excellent process management and optimization skills
  • Effective communication and interpersonal skills
  • Ability to work collaboratively with cross-functional teams
  • Proficiency in financial analysis and reporting
  • Problem-solving and critical-thinking abilities

An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance and life. We offer you:

• Competitive compensation

• Medical plans, maternity leave and benefits, life, accidental death and dismemberment benefits

• Retirement benefits

• Global networking cross-functional opportunities

• Annual vacations holidays

• Day care assistance program

• Training and development program

• Tuition assistance program

• Workplace flexibility policy

• Relocation program

• Transportation facility

Please note benefits may change from time to time without notice, subject to applicable laws. The benefits programs are based on the Company s eligibility guidelines.

• Learn more about ExxonMobil in India, visit ExxonMobil India and Energy Factor India .
• Follow us on LinkedIn and Instagram
• Like us on Facebook
• Subscribe our channel at YouTube

ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or disability status.

ExxonMobil does not use recruiting or placement agencies that charge candidates an advance fee of any kind (e.g., placement fees, immigration processing fees, etc.). Follow the LINK to understand more about recruitment scams in the name of ExxonMobil.