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Revenue and Royalties Accounting Manager

Location: 

Bangalore, KA, IN

Company:  ExxonMobil

 

About us

 

At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.

 

The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies. 

 

We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together.

ExxonMobil’s affiliates in India

 

ExxonMobil’s affiliates have offices in India in Bengaluru, Mumbai and the National Capital Region. 

 

ExxonMobil’s affiliates in India supporting the Product Solutions business engage in the marketing, sales and distribution of performance as well as specialty products across chemicals and lubricants businesses. The India planning teams are also embedded with global business units for business planning and analytics.

 

ExxonMobil’s LNG affiliate in India supporting the upstream business provides consultant services for other ExxonMobil upstream affiliates and conducts LNG market-development activities.


The Global Business Center - Technology Center provides a range of technical and business support services for ExxonMobil’s operations around the globe.


ExxonMobil strives to make a positive contribution to the communities where we operate and its affiliates support a range of education, health and community-building programs in India. Read more about our Corporate Responsibility Framework.


To know more about ExxonMobil in India, visit ExxonMobil India and the Energy Factor India.

What role you will play in our team

 

The Revenue and Royalties Accounting Manager will be responsible for managing and overseeing the processes related to revenue recognition and royalty payments within Financial Services India GBC. This role will ensure compliance with industry regulations and company policies while supporting the strategic goals of the organization.

Location: Bengaluru, India

What you will do

 

Key Responsibilities:

  • Revenue Management: Oversee the accurate and timely recognition of revenue in accordance with accounting standards and company policies
  • Royalties Management: Manage the calculation, reporting, and payment of royalties to stakeholders, ensuring compliance with contractual agreements and regulatory requirements
  • Process Optimization: Identify and implement process improvements to enhance efficiency, accuracy, and compliance in revenue and royalties management
  • Stakeholder Collaboration: Work closely with internal and external stakeholders, including finance, legal, and operations teams, to ensure alignment and support for revenue and royalties processes
  • Compliance and Reporting: Ensure compliance with industry regulations and company policies and provide accurate and timely reporting on revenue and royalties
  • Risk Management: Identify and mitigate risks associated with revenue recognition and royalty payments
  • Training and Development: Train and support staff on revenue and royalties processes and best practices
  • Performance Monitoring: Monitor and report on the performance of revenue and royalties processes, providing insights and recommendations for improvement

About You

 

 

Qualifications & Skills

 

  • Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
  • CPA or relevant certification is a plus
  • Experience: Minimum of 10-12 years of experience in accounting / revenue and royalties management, preferably within the oil and gas industry. 
  • Experience with US GAAP Accounting principles is a plus
  • Skills:
    • Strong knowledge of revenue recognition principles and royalty management
    • Excellent process management and optimization skills
    • Effective communication and interpersonal skills
    • Ability to work collaboratively with cross-functional teams
    • Proficiency in financial analysis and reporting
    • Problem-solving and critical-thinking abilities
    • strong understanding of accounting principles and practices

 

Your benefits

 

An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance and life. We offer you: 

 

  • Competitive compensation 

  • Medical plans, maternity leave and benefits, life, accidental death and dismemberment benefits 

  • Retirement benefits 

  • Global networking & cross-functional opportunities

  • Annual vacations & holidays

  • Day care assistance program

  • Training and development program

  • Tuition assistance program

  • Workplace flexibility policy

  • Relocation program

  • Transportation facility

 

Please note benefits may change from time to time without notice, subject to applicable laws. The benefits programs are based on the Company’s eligibility guidelines. 

 

Stay connected with us

 

EEO Statement

 

ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or disability status.

Business solicitation and recruiting scams

 

ExxonMobil does not use recruiting or placement agencies that charge candidates an advance fee of any kind (e.g., placement fees, immigration processing fees, etc.). Follow the LINK to understand more about recruitment scams in the name of ExxonMobil.

 

 

Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship. 

 

Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.


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