Quest Explore Drill

Assistant Finance Manager – Quest Exploration Drilling (PNG) Ltd

Energy and Utilities
Posted: 07-06-2024

Quest Exploration Drilling (PNG) Ltd logo


We currently have a vacancy in our Finance Department for an ASSISTANT FINANCE MANAGER.

The role will see you working in a fast-paced environment with a diversified workforce; we have projects stretching across the length and breadth of PNG.

This is an exciting role for an ambitious candidate who will be provided with an opportunity to demonstrate their accounting, financial, and analytical skills by providing direct support to the Finance Manager.

This position is based at our Lea Head Office in a purpose-built facility at 11 Mile.

Job Summary:

Provide Quest Exploration Drilling (QED) and Quest Pacific Services (QPS) with a fully compliant general ledger and monthly financial reporting regime, preparation of financial reports in accordance with timetables. Ensure compliance with all statutory and IRC fillings. Provide Supervision of the accounting and Purchasing teams.

Main Duties & Responsibilities Include:

  • Preparation of monthly financial statements and maintaining IFRC Compliant GL.
  • Reconcile balance sheet accounts on a monthly basis.
  • Prepare monthly P&L for each project according to financial reporting requirements.
  • Ongoing review of transaction data to ensure project costs are tracked to each project.
  • Monitor all drill rigs and equipment by location for update to FAR and tracking of costs to projects.
  • Prepare weekly cash flow forecast. Update annual cashflow projections on a monthly basis.
  • Compliance with all IRC tax reporting and payment requirements
  • Understand cost drivers and business risks, make necessary recommendations towards cost control and process improvements in accounting, purchasing, and logistics activities.
  • Ensure financial controls are implemented so that cost data is captured completely and in real-time for month-end reporting.
  • Monitor and ensure inventory recording processes are being implemented and accounting records updated accordingly.


Experience & Attributes:

  • Bachelor’s in Accountancy, Commerce, Finance or related subjects from a recognized institution.
  • Registered CPAPNG member ONLY (or international equivalent).
  • At least five (5) years relevant experience.
  • Software proficiency (MS Office suite and other Accounting Software, QuickBooks knowledge an advantage.) Proficiency in MS Excel data analysis, analytics and reporting
  • Proficient Knowledge IFRS accounting standards
  • Ability to work within a team.
  • Sound analytical & Critical thinking skills.
  • Commitment to QED Occupational Health and Safety Policies.
  • Excellent planning & organizing capabilities.
  • Strong communication skills.
  • Inter-cultural awareness
  • Commitment to continuous improvement.

Remuneration and benefits to be discussed during interview.

Lae residents are strongly encouraged to apply

Applications are to be emailed to [email protected].pg or post to Quest Exploration Drilling (PNG) Ltd, PO Box 1538, Lae, Morobe Province.

Applications Close 21st June 2024.

---Only Short-Listed Candidates will be contacted for an interview---

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