Payroll Accountant

Requisition ID 2334 - Posted 03/27/2024 - Dragon Oil (Turkmenistan) Limited - DOTL-Hazar

Job Purpose

• 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

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

To get additional information and apply for the position, please follow the link.