AGM Hydrocarbon Accounting, Bengaluru

Location: Bengaluru   •   Experience: Senior Level   •   Openings: 1
Apply on Gojobs

Job description

Job Title: AGM - Hydrocarbon Accounting, 
Location : Bangalore
Work Model: Work from office

Candidate Expectation
Bachelor's Degree in Commerce, Accounting, Finance, Business Administration,
Engineering, or related discipline.
CA / CPA / CMA / MBA (Finance) preferred.
15+ years of overall experience with significant exposure to Oil & Gas Finance and Accounting operations.
Minimum 8+ years of leadership experience managing large-scale delivery environments.
Strong experience in Hydrocarbon Accounting within Downstream Refining operations.
Preferred candidate Industry: Outsourcing/BPO/KPO/Management consulting/GCC/GBS

Job Description:
The Delivery Lead – Hydrocarbon Accounting is a senior leadership role responsible for
driving end-to-end delivery, client engagement, operational excellence, and transformation
initiatives across Hydrocarbon Accounting operations within the Oil & Gas Downstream
Refinery value chain.
 
The role requires deep expertise in Hydrocarbon Accounting, Mass Balance, Inventory
Accounting, Production Accounting, Yield Accounting, and refinery operations, coupled
with strong delivery leadership capabilities. The individual will serve as a trusted advisor to
client leadership and business stakeholders across North America and Europe, ensuring
operational excellence, process optimization, compliance, and business value realization.
 
The role demands strong accounting expertise, global stakeholder management
experience, ERP-enabled process transformation capabilities, and leadership of large,
multi-location teams.
 
Key Responsibilities
Delivery Leadership & Operational Excellence
·        Own end-to-end delivery of Hydrocarbon Accounting operations across refinery and downstream businesses.
·        Ensure accurate and timely Hydrocarbon Accounting, production accounting,
·        inventory accounting, movement accounting, and month-end close activities.
·        Drive delivery excellence through adherence to SLAs, KPIs, governance standards, and compliance requirements.
·        Lead issue resolution, risk mitigation, and escalation management.
·        Establish robust governance models to ensure predictable and high-quality service delivery.
Hydrocarbon Accounting Domain Leadership
·        Serve as the SME and delivery leader for Hydrocarbon Accounting processes.
·        Drive refinery-wide Hydrocarbon Mass Balance and Loss Accounting activities.
·        Ensure accurate accounting of: Crude receipts, Refinery production,  Product movement, Tank inventories, Yield calculations, Product gains/losses, Hydrocarbon loss reconciliation
·        Lead reconciliation of operational and financial data to ensure accounting accuracy.
·        Drive initiatives to reduce unaccounted hydrocarbon losses and improve accounting integrity.
Client & Stakeholder Management
·        Act as a strategic partner to client leadership and refinery business teams.
·        Build strong relationships with CFOs, Controllers, Accounting Leaders, Operations Heads, Supply Chain Leaders, and Refinery Leadership teams.
·        Participate in executive governance forums and business reviews.
·        Effectively communicate delivery performance, transformation roadmaps, business risks, and improvement opportunities.
·        Engage confidently with CXO-level stakeholders across North America and Europe.
ERP & Digital Transformation
·        Lead ERP-enabled Hydrocarbon Accounting transformation programs.
·        Drive optimization and adoption of industry solutions integrated with ERP platforms.
·        Collaborate with business, IT, and consulting teams during:  ERP implementations, Upgrades , System integrations, Process transformation initiatives
·        Leverage analytics, automation, and digital tools to improve efficiency and reporting accuracy.
·        Support continuous modernization of Hydrocarbon Accounting operations.
Financial Governance & Controls
·        Ensure compliance with accounting standards, internal controls, audit requirements, and regulatory obligations.
·        Monitor financial impacts arising from inventory variances, mass balance differences, and operational losses.
·        Drive strong governance around reconciliation, adjustments, and variance management.
·        Support internal and external audit activities.
People Leadership
·        Lead, mentor, and develop large global delivery teams.
·        Build domain capability within Hydrocarbon Accounting and Oil & Gas accounting processes.
·        Drive performance management, succession planning, employee engagement, and skills development.
·        Foster a high-performance and client-centric culture.
Continuous Improvement
·        Identify opportunities for process standardization and optimization.
·        Lead transformation projects focused on:  Productivity improvement, Process automation, Reporting enhancements, Quality improvement, Cost optimization
·        Drive best practices across Hydrocarbon Accounting operations.
Mandatory Domain Expertise
The candidate must demonstrate strong expertise in:
·        Hydrocarbon Accounting
·        Refinery Mass Balance Accounting
·        Yield Accounting
·        Production Accounting
·        Inventory Accounting
·        Product Movement Accounting
·        Loss Accounting & Reconciliation
·        Downstream Refinery Operations
·        Financial Close & Reporting Processes
Technology & ERP Experience
Hands-on experience with one or more of the following:
·        SAP IS-Oil
·        SAP S/4HANA
·        SAP PRA
·        Oracle ERP
·        Oracle Cloud ERP
·        Energy Components
·        RightAngle
·        Avocet
·        Quorum
·        Hydrocarbon Accounting Platforms
·        Refinery Production Accounting Systems
·        Reporting & Analytics Solutions
Key Competencies
·        Hydrocarbon Accounting Leadership
·        Refinery Business Understanding
·        Strong Accounting & Financial Acumen
·        Mass Balance Expertise
·        Executive Stakeholder Management
·        Client Relationship Management
·        Delivery & Operations Leadership
·        ERP & Digital Transformation
·        Strategic Thinking
·        Governance & Risk Management
·        Team Leadership & Talent Development
·        Communication & Presentation Skills
Key skills: F&A delivery, F&A Operations, RTR,PTP, OTC, Transformation, Finance and Accounts, Large team, Client Operations, Oil and Refinery, hydrocarbon, Yield Accounting, Loss Accounting & Reconciliation, Downstream Refinery Operations.