Oil Accountant

PARCO - Pak-Arab Refinery Limited

Pakistan

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Pak-Arab Refinery Limited (PARCO) is a leading integrated energy conglomerate formed as a joint venture between Pakistan and the Emirate of Abu Dhabi. The company operates Pakistan’s most advanced refinery, an extensive pipeline network exceeding 2,000 kilometers, strategic storage facilities, and comprehensive marketing operations. With partnerships involving renowned international firms, PARCO is aggressively expanding through acquisitions, new market penetration, and planned growth initiatives. Currently, PARCO is seeking a qualified professional to join their team as an Oil Accountant at the Mid-Country Refinery in Muzaffargarh.

Key Responsibilities
- Prepare daily production and sales reports, along with weekly production and sales summaries for Oil Use Loss (OUL) evaluation based on tank levels.
- Generate accounting reports for crude oil receipts from pipelines and refinery inventory stocks, utilizing ASTM tables.
- Maintain accurate tank data entries including temperature, density, and levels to calculate closing inventories for all tanks in SAP book stocks and daily inventory reports.
- Compile monthly production reports covering crude oil processing, production volumes, and intermediate inventory using SAP modules such as MM, IS-Oil, and PP.
- Prepare material balance reports for products and present data in corrected volume terms (production/shipment at 15°C).
- Consolidate company-wise sales data for the refinery’s monthly reporting.
- Calculate and account for refinery own uses, including refinery fuel gas and residual fuel oil (RFO) on a daily basis.
- Assess inventory stocks of refinery products like sulphur and bitumen (in drums) on monthly and quarterly intervals.
- Compile daily shipment summaries and calculate shipment quantities in metric tons for monthly reporting.
- Ensure strict compliance with all company policies and procedures.

Required Qualifications
- Diploma of Associate Engineering in Chemical or Petroleum Technology from a recognized institute.
- Up to 10 years of relevant experience in production planning, crude evaluation, and scheduling.
- Strong knowledge of refinery operations, crude oil, and product handling.
- Thorough understanding of crude oil storage accounting methods, intermediate and product handling, and accounting tools such as SAP accounting modules.
- Proficiency in MS Office applications, particularly MS Word and MS Excel, along with experience in ERP-based oil accounting software.
- Technical report writing skills and the ability to work effectively in a dynamic environment.
- Excellent verbal and written communication skills and a demonstrated ability to work collaboratively within a team.

Preferred Qualifications and Additional Information
- Experience with IS-Oil, PP, and silo tank management systems will be considered an advantage.

PARCO is committed to fostering a diverse and inclusive workplace. As an equal opportunity employer, the company encourages candidates from all backgrounds to apply. The organization prioritizes creating a supportive and conducive work environment designed to attract and develop top talent. The position is based at the Mid-Country Refinery in Muzaffargarh, offering an opportunity to contribute to one of Pakistan’s foremost energy enterprises.