Revenue and Royalties Accounting Financial Lead (Bangalore, KA, IN)
Bangalore, Karnataka 1+ months ago
Job Description
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.
The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.
We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together.
ExxonMobil’s affiliates in India
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.
What role you will play in our team
This role is responsible for coordinating activities of the Revenue and Royalty Accounting team, ensuring accurate and timely recognition of revenue, payment of royalties / taxes, and completion of required government reports.
Location: Bengaluru, India
What you will do
Key Responsibilities:
Revenue Recognition: Assist in the review of revenue and royalty accounting entries and ensure timely and accurate completion of accounting tasks
Royalties Calculation: Assist in preparation and review of stakeholder royalty payments, ensuring compliance with contractual agreements and regulatory requirements.
Tax Management: Perform review of accounting activities related to government required taxes.
National Reporting: Ensure timely and accurate completion of required national royalty payments and reporting.
Audit Support: Support internal and external audits by preparing documentation, responding to inquiries, and ensuring compliance
About You
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 5 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.
Your benefits
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
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.
Stay connected with us
Learn more about ExxonMobil in India, visit ExxonMobil India and Energy Factor India.
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EEO Statement
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.
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Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.
Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.
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