Executive (APM (Finance)) at PETRONAS Internship

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

20 Apr, 26

Salary

0.0

Posted On

20 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Accounting, Management Accounting, Financial Services, Budgeting, Performance Monitoring, Payment Processing, Cash Flow Management, Inter-Company Transactions, SAP, Microsoft Excel, Attention to Detail, Organizational Skills, Collaboration, Communication, Process Improvement, Documentation

Industry

Oil and Gas

Description

Purpose of the Role The Executive (E1), APM (Finance) role is established to support end-to-end finance operations within Asset Performance Management (APM), covering Financial Accounting, Management Accounting, and Financial Services for PET-HC, PET-Non-HC, NADA, SPVs, and IBSB. The role is designed to provide hands-on execution and coordination support across budgeting, performance monitoring, payment processing, cash flow management, and inter-company transactions. The Executive will work closely with internal stakeholders (KLCCUH, KPS Client Accounting, Treasury, GFC, and JV partners) to ensure timely, accurate, and compliant financial processing, while also building capability to progressively manage broader APM Finance responsibilities. Key Responsibility Financial Accounting (“FA”) Maintain and update the utilities payment tracker. • Support monthly NADA Management Accounts, including JV coordination, bank reconciliations, and submission to PICL via IFPR (M+6). Assist in preparation and coordination of quarterly performance information, where applicable. Support year-end activities related to statutory accounts, audit coordination, and financial documentation, subject to corporate requirements. Maintain proper documentation and reconciliation schedules to ensure audit readiness and data integrity. 2.2 Management Accounting (“MA”) Coordinate inputs and prepare working files for PETRONAS Basis & Rates submission, consolidating inputs from Client Account, KLCCUH, Leasing, and other stakeholders. Support preparation of annual budgets, including: PET HC (G&A and Capex) PETRONAS Non-HC (PASB, PHSB, PRBF) NADA Assist in SAP/BPC uploads, validation checks, and reconciliation against approved budgets. Support quarterly performance monitoring, including analysis and submission to EVP Finance (via APM O&AM). Assist in Capex monitoring, monthly reporting, and quarterly accruals, including coordination with PET GFC FA and MR&B teams. 2.3 Financial Services (“FS”) – PET HC & PET Non-HC Compile and prepare monthly cash calls for approval. Prepare IFPs upon cash call approval. Prepare Instructions for Payment (IFP) upon approval and perform Automated Data Entry (ADE). Maintain and update payment trackers to ensure visibility of payment status and turnaround time. 2.4 Inter-Company & Back-Charging Update and manage the payment tracker for IBSB-related transactions. Prepare and coordinate monthly inter-company back-charging, including statutory costs, utilities, rental, and shared services. Compile supporting documents, perform cost apportionment, and maintain back-charging templates and trackers. 2.5 Monitoring & Cashflow Monitor payment and collection status, including rental payments to REIT/KLCCP and receivables follow-ups. Support preparation of cash flow forecasts (weekly/monthly) for PET HC & PET Non-HC Treasury. Assist in preparation of Blanket Approval Memos (e.g. rental payments). 2.6 Financial Services (“FS”) – KLCC Group / IBSB Coordinate invoice verification and endorsement for IBSB-related transactions. Prepare and obtain approval on Request for Approval (RFA) and Fund Transfer (FT) letters from Operations Committee representatives (KLCC & SRB). Maintain IBSB payment trackers and ensure timely submission for payment processing. 2.7 Process Improvement & Team Support Support continuous process improvement initiatives to enhance payment turnaround time, accuracy, and compliance. Assist in maintaining standard templates, trackers, and documentation across APM Finance. Provide operational support to Managers and Senior Executives during peak periods such as budget, year-end closing, and audit cycles. Build working knowledge across all APM Finance areas to ensure business continuity and role coverage. Justification for the Role 3.1 This position is a replacement for a resigned Executive (E1), APM (Finance). The incumbent supported end-to-end APM Finance activities, including budgeting, performance monitoring, payment processing, cash calls, and inter-company transactions. 3.2 The responsibilities under APM Finance remain unchanged and continue to be critical to supporting PET-HC, PET-Non-HC, NADA, SPVs, and IBSB operations. The workload and monthly transaction volume persist and require dedicated executive-level support to ensure continuity, accuracy, and timely delivery. 3.3 Failure to replace this role will place additional pressure on existing team members and may impact payment turnaround time, budget deliverables, and stakeholder commitments. Therefore, the replacement is necessary to maintain business-as-usual operations and service standards within APM Finance. Qualifications and Requirements Bachelor’s Degree or Diploma in Finance, Accounting, Business Administration, or a related field. 1–3 years of experience in finance operations, accounting, budgeting, or payment processing (fresh graduates with strong fundamentals may be considered). Good working knowledge of Microsoft Excel and Word; exposure to SAP/BPC will be an added advantage. Strong attention to detail, ability to manage multiple deadlines, and good organizational skills. Ability to work collaboratively with cross-functional teams and communicate effectively with internal and external stakeholders. Willingness to learn and be involved across Financial Accounting, Management Accounting, and Financial Services scopes.

Responsibilities

The Executive (APM Finance) will support end-to-end finance operations, including budgeting, performance monitoring, and payment processing. The role involves coordination with various internal stakeholders to ensure accurate and compliant financial processing.