Accountant (MM 1-3)

Nature of Appointment:

Permanent with entitlement to Employees’ Provident Fund and Employees’ Trust Fund.

Qualifications:

External Candidates (1 or 2 below)

1. A Bachelor's degree in Accounting, Business Administration. Finance, Commerce or any other degree related to the post which is recognized by the University Grants Commission of Sri Lanka and

A minimum of one (01) year post qualifying experience in the relevant field to the Post, after obtaining the first degree.

2. Having passed the Intermediate Examination of a recognized professional Chartered Institute, of which the subject area is relevant to the post and

A minimum of one (01) year post qualifying experience in the relevant field to the post.

Internal Candidates (1 or 2 below)

1. Having obtained the qualifications required by the external candidates above.

2. Completion of minimum (05) years satisfactory service in a post in the Junior Manager (JM) Category, in the subject area relevant to the post.

Salary Scale:

MM 1-3 2025 Rs. [96, 650 – 10 x 2480 – 15 x 3450 – 173, 200]

Age Bracket: Age should be not less than 22 years and not more than 45 years. The upper age limit will not apply to internal candidates.

Other Benefits:

i. Government approved allowances

Job Description:

1. Performs complex accounts reconciliations and associated analysis on Operator's (Oil and Gas Contractor's) financial statements to ensure the accuracy of contractor's cost recovery statement, in compliance with the Petroleum Resources Agreement.

2. Evaluation of all feasibility and financial viability of project proposals forwarded by contractors.

3. Analyzing annual reports and financial statements of contractors to ensure transactions are recorded, documented and supported in accordance with GAAP and IFRS.

4. Preparing and monitoring PDASL annual budgets, annual accounts and cash forecast statements.

5. Preparation and/or review of monthly account reconciliations including variance analyses.

6. Prudent treasury management through liaising with treasury, ministry and other relevant government agencies.

7. Assists in developing accounting policies/procedures for the upstream projects in consultation with relevant stakeholders.

8. Reviews audited upstream petroleum accounts of the Operators/Contractors and ensure regulatory compliance.

9. Partners with the relevant internal divisions in the audit of fiscal recoveries from upstream contracts.

10. Performs other related duties as requested by the Director General. 

Recruitment Procedure:

Recruitment will be done on the results of a written competitive examination and/or a structured interview conducted by a panel appointed by the appointing authority, as determined by the Board of Directors of the PDASL. 

General application submission rules:

i. Applications should include a covering letter, detailed curriculum vitae, true copies of educational and professional qualifications/experience and details of two professional, non-related referees.

ii. Applications from employees in the State Sector should be forwarded via their Heads of Department, who should certify that the applicant can be released to take up the appointment, if selected.

iii. Applications not in compliance with the above requirements or sent after the closing date will be rejected.