Revenue and Royalties Accounting Supervisor

Revenue and Royalties Accounting Supervisor

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 worlds 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 societys evolving needs. Learn more about how we can.

ExxonMobils Affiliates in India

ExxonMobils affiliates have offices in India in Bengaluru, Mumbai and the National Capital Region.

ExxonMobils 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.

ExxonMobils 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 ExxonMobils 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 initiatives.

To know more about ExxonMobil in India, visit our website.

What role you will play in our team

The Revenue and Royalty Accounting Supervisor will report to the Revenue and Royalty Accounting Manager and supervise the Revenue and Royalty Accounting Analyst. This role involves overseeing the day-to-day operations of the revenue and royalty accounting team, ensuring accurate and timely processing of financial transactions, and maintaining compliance with relevant regulations.

Location : Bengaluru, India

What you will do Key Responsibilities :

• Team Supervision : Supervise the Revenue and Royalty Accounting Analyst, providing guidance, development, and performance feedback.
• Revenue Recognition : Oversee the accurate and timely recognition of revenue in accordance with accounting standards and company policies.
• Royalties Calculation : Manage the calculation, reporting, and payment of royalties to stakeholders, ensuring compliance with contractual agreements and regulatory requirements.
• Tax Management : Supervise accounting activities related to government-required taxes, including calculating, submitting, and paying royalty and tax returns to governmental agencies.
• Payment Processing and Analysis : Ensure the accuracy and timeliness of revenue and royalty payment processing, ensuring compliance with tax regulations.
• National Reporting : Oversee the performance of required national royalty payments and reporting.
• Audit Support : Coordinate support for internal and external audits by preparing documentation, responding to inquiries, and ensuring compliance.
• Financial Tasks : Supervise various financial tasks, including cost bank bookings, reserves updates, and inventory valuation.

About You Qualifications & Skills

Strong knowledge of revenue recognition principles and royalty management.

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 :

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

Stay connected with us

Learn more about ExxonMobil in India, visit our website.

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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.

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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