Website:
enquest.co.in
Job details:
Company Description EnQuest PetroSolutions is a Total E&P solutions provider delivering high-performance energy services across small, medium, and large-scale projects. The organization combines deep technical expertise, advanced technologies, and innovative commercial arrangements to create fit-for-purpose programs that deliver value for clients. Its multidisciplinary team of experts and industry veterans brings more than 400 years of cumulative operational experience, applying best practices and the latest technological developments to maximize productivity. EnQuest PetroSolutions manages the entire project chain—from seismic acquisition and interpretation to drilling operations, production management, subsurface studies, marine logistics, and advisory services—supported by a robust multi-layered management system. The company is committed to cost-effective, high-quality solutions delivered within agreed time schedules and focused on client satisfaction.
Key Responsibilities:
- Record Direct and Indirect expenses, customer collections, vendor account reconciliation for payment.
- Recording of JV project payments and entries into project accounts
- Preparation of JV financial statement/ reports on timely basis in accordance with PA/ JOA specifications.
- Support JV payments by ensuring accurate partner balances, prepare detailed JV partner account reconciliation.
- Prepare joint interest billings (JIBs), validate project expenses, and ensure proper sharing of costs and revenues, validate Cost centre, AFE
- Assist with accruals and cost corrections
- Agreement Compliance: Review Joint Operating Agreements (JOA) to ensure correct profit/loss sharing, expense allocations, and adherence to industry standards
- Sharing requisite data with Tax advisory/ Auditor
Qualifications & Skills:
- Bachelor’s degree in Accounting & Finance/ Cost accountant/ CA Inter.
- 2 to 3 years of accounting experience, ideally specializing in joint ventures or partnership accounting preferably in Oil & Gas sector.
- Proficiency in TALLY and Excel
- Strong interpersonal communication skills to act as the primary liaison between internal operations and external partners.
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