SUMMARY
The Senior Accountant fully performs various accounting activities in support of the shared services accounting department. Completes activities like journal entry preparation, reconciliation, and research in addition to preparing and managing the required tax filing requirements. Establishes, modifies, documents, and coordinates the implementation of accounting and control procedures as needed to meet established company goals and comply with regulatory standards. Typically follows prescribed guidelines or procedures to resolve problems and performs a variety of routine tasks or assignments.
REPORTING LINE AND ROLE SCOPE
The Senior Accountant reports to the Accounting Supervisor, under the overall direction of the SSC Controller APAC, and supports accounting operations, Indonesian tax compliance, tax reporting, transfer pricing documentation and other assigned accounting activities for PT Corelab Indonesia, PT Perforindo Teknika Nusantara and PT Saybolt Services Indonesia.
The Senior Accountant coordinates with the Accounting Supervisor on accounting schedules, closing activities and supporting information. Technical tax matters, unresolved accounting issues and potential compliance risks are escalated to the Accounting Supervisor and, where necessary, the SSC Controller APAC for further review with the Corporate Tax Department or appointed advisers.
ESSENTIAL DUTIES AND RESPONSIBILITIES
All responsibilities under Accounting Operations and Reporting; Accounts Payable Coordination; Tax Compliance, Reporting and Consultant Coordination; and Internal Controls and Team Support must be performed in accordance with the Company’s corporate policies, procedures and established authority structure, in consultation with the Accounting Supervisor and under the overall direction of the SSC Controller APAC.
Accounting Operations and Reporting
- Coordinate assigned accounting activities with the Accounting Supervisor to support monthly, quarterly and annual closing, reporting, tax compliance and audit deadlines.
- Prepare specified General Ledger journals, including accruals, prepaid expense amortisation and other assigned adjustments, for review and approval before posting.
- Prepare assigned balance sheet reconciliations and supporting schedules, investigate discrepancies and escalate unresolved items.
- Process and reconcile assigned fixed asset subledger activity, including depreciation, additions, disposals and construction in progress, to the General Ledger.
- Prepare capital expenditure, property, plant and equipment roll-forward, and asset disposal reports for review.
- Maintain assigned lease records in the lease accounting software and prepare related accounting entries and reporting schedules for review.
- Maintain supporting documentation for assigned accrual balances and assess whether adjustments are required.
- Support cash flow reporting by preparing assigned payment, receipt and cash movement schedules.
- Compile supporting records and respond to assigned accounting and audit information requests, subject to the applicable review process.
- Review and understand audit adjustments, assess their accounting and tax implications, and reflect approved adjustments in the local accounting records with appropriate supporting documentation.
- Identify and reconcile differences between US GAAP and applicable Indonesian accounting standards, and coordinate their treatment with the Accounting Supervisor, SSC Controller APAC and appointed auditors, including preparation of reconciliation schedules and approved local accounting adjustments.
Accounts Payable Coordination
- Supervise the Accounting Assistant’s assigned accounts payable activities, including vendor invoice processing, supporting document checks and related tax recording.
- Review invoice coding, supporting documentation and applicable tax treatment before submission through the established approval process.
- Coordinate the resolution of invoice discrepancies and vendor queries with relevant business units and the Accounting Supervisor.
- Monitor assigned accounts payable schedules, vendor reconciliations and outstanding items to support accurate recording and timely payment processing.
- Provide day-to-day work allocation, technical guidance and feedback to the Accounting Assistant, and escalate performance or workload concerns to the Accounting Supervisor.
- Ensure invoice processing and payment-related activities follow approved procedures, segregation of duties and delegated authority limits.
Tax Compliance, Reporting and Consultant Coordination
- Support and coordinate with outsourced tax consultants on monthly, quarterly and annual Indonesian tax calculations and filings, including PPh 21, PPh 23, VAT and annual corporate income tax, by providing accurate accounting data, reviewing draft calculations and returns, and coordinating internal review and approval before submission.
- Coordinate the consultants’ work plans, information requirements and deliverables to support timely tax filings and resolution of outstanding matters.
- Guide and coordinate the consultants’ work to align tax advice and compliance activities with business operations, accounting requirements and strategic planning, in consultation with the Accounting Supervisor and under the overall direction of the SSC Controller APAC, while maintaining compliance with applicable Indonesian tax requirements.
- Identify and assess opportunities to bring tax equalisation and other tax activities in-house to strengthen internal capabilities and reduce reliance on external consultants. Recommend proposals for management approval and support approved transitions, taking account of available resources, technical capabilities and applicable tax requirements.
- Identify tax implications of proposed transactions or operational changes and obtain advice from the consultants for management review before implementation.
- Identify and reconcile temporary and permanent differences between US GAAP accounting results and Indonesian tax requirements and coordinate their treatment with the Accounting Supervisor and appointed tax consultants, under the overall direction of the SSC Controller APAC, including preparation of tax reconciliation schedules and proposed adjustments for review and approval in accordance with applicable Indonesian tax laws.
- Reconcile assigned tax accounts to the General Ledger and relevant tax filings, investigate discrepancies and escalate unresolved items.
- Support the preparation and maintenance of transfer pricing documentation by compiling and reviewing intercompany transaction data, agreements, service evidence and other supporting information, in coordination with appointed advisers and relevant internal stakeholders.
- Prepare quarterly and annual tax reporting schedules for the Corporate Tax Department to support tax reviews and financial statement disclosures.
- Support annual local tax audits and other tax enquiries for the assigned companies by compiling accounting records, reconciliations and supporting schedules, and coordinating responses to tax auditors’ requests with the Accounting Supervisor and appointed tax consultants, subject to internal review and approval before submission.
- Coordinate with business units and field offices to obtain information and support the resolution of assigned tax matters, including tax provisions, compliance and contract reviews.
- Research local and international tax matters and discuss findings with the consultants and relevant internal stakeholders through the established reporting and technical escalation arrangements.
- Maintain fixed asset tax ledgers and tax basis schedules, including reconciliations between accounting and tax records.
Internal Controls and Team Support
- Follow approved accounting and tax procedures and maintain complete supporting records within the assigned scope.
- Identify control gaps or process inefficiencies and recommend improvements to the Accounting Supervisor and SSC Controller APAC, as appropriate.
- Implement approved procedures and improvements within the assigned scope and escalate identified exceptions or compliance risks.
- Provide technical guidance to less-experienced colleagues when required.
- Exercise supervisory responsibilities within the assigned accounts payable scope. Overall accounting oversight remains with the Accounting Supervisor, under the overall direction of the SSC Controller APAC.
- Perform other accounting, tax, reporting and related duties assigned within the position’s scope and the Company’s established authority structure.
Role Review And Changes
- The Company may periodically review the position’s scope and reporting arrangements in response to operational requirements and business needs.
- Any material change to the position’s responsibilities, reporting line, level of accountability, job title or remuneration including expansion of people-management responsibilities beyond the assigned Accounting Assistant, leadership of the overall accounting function or responsibility for additional affiliated entities besides PT Corelab Indonesia, PT Perforindo Teknika Nusantara and PT Saybolt Services Indonesia, will be separately assessed, approved, documented and communicated in accordance with applicable Company procedures and employment requirements.
Core Laboratories, including all of its affiliated and related entities, is an equal opportunity employer and is committed to creating an inclusive environment for everyone. Employment decisions are made regardless of characteristics including, but not limited to, race, color, sex, sexual orientation, gender identity, national origin, age, disability, religion, genetic information, protected veteran or uniformed service member status, and any other characteristic protected under applicable law.
