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Topic Review (Newest First)
13-01-2021 11:07 AM
Unregistered
hiring process

hi OP, appreciate if you can share on the hiring process from interview to offer made to signing of contract and the timeline? will be going for similar interview here and hope to take reference. thanks!
04-01-2021 09:39 PM
megalomaniac
Quote:
Originally Posted by Unregistered View Post
You are at the lower end in the corporate function. Don't think you are earning alot. Your colleagues will pwn u
Pretty sure OP isn't very senior. Pay rises with seniority. It's standard for the industry at this level.
04-01-2021 09:37 PM
megalomaniac
Quote:
Originally Posted by sgocean View Post
I see, thanks. Is there anything else I should know? Lol. I’m not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much you’re getting at the oil major you’re working for?

Thanks!
Nothing specific as it is mostly OTJ. There are also internal systems/methods used by business lines in booking the costs and earnings, so you'll have exposure to that after you join. I don't think you need to worry too much about industry specifics at the moment.

I'm an entry level analyst, making around 1k less than your offer.
04-01-2021 08:49 PM
Unregistered
Quote:
Originally Posted by sgocean View Post
I see, thanks. Is there anything else I should know? Lol. I’m not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much you’re getting at the oil major you’re working for?

Thanks!
You are at the lower end in the corporate function. Don't think you are earning alot. Your colleagues will pwn u
04-01-2021 08:09 PM
sgocean
Quote:
Originally Posted by megalomaniac View Post
Planning & budgeting cycle
I see, thanks. Is there anything else I should know? Lol. I’m not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much you’re getting at the oil major you’re working for?

Thanks!
04-01-2021 05:22 PM
megalomaniac
Quote:
Originally Posted by sgocean View Post
Hey, thanks for your input.
Why OT during April/May period though?
Planning & budgeting cycle
04-01-2021 05:19 PM
sgocean
Quote:
Originally Posted by megalomaniac View Post
Didn't know ExxonMobil is hiring again. (and yes, 100% sure it is Exxon).

You don't need deep industry specific knowledge. You'll learn as you go. Just need to briefly know the overall value chain and how the business functions linked together once you join.

You'll probably be doing lots of work pulling data from SAP performing the analysis based on those.

Working hours wise it is definitely much better than big 4. But expect to work OT around the April/May period.
Hey, thanks for your input.
Why OT during April/May period though?
04-01-2021 01:04 PM
megalomaniac Didn't know ExxonMobil is hiring again. (and yes, 100% sure it is Exxon).

You don't need deep industry specific knowledge. You'll learn as you go. Just need to briefly know the overall value chain and how the business functions linked together once you join.

You'll probably be doing lots of work pulling data from SAP performing the analysis based on those.

Working hours wise it is definitely much better than big 4. But expect to work OT around the April/May period.
04-01-2021 12:03 AM
Unregistered Chevron? they still hiring? thought they have been cutting down headcount
02-01-2021 11:45 AM
Unregistered
Quote:
Originally Posted by sgocean View Post
Hi all,

New to this forum and would like to seek some advice on making a job switch. Currently a big 4 auditor drawing S$4.2k (increment expected to move up to S$4.8k in Jan 2021) mainly specialising in auditing pharma companies.

Currently considering a change in job. Received an offer from a US oil and gas MNC (I think most people can guess which one) for a Financial Analyst role. They're offering me S$5.3k/month, plus 3 months guaranteed bonus (regardless of the financial performance of the company) on top of variable bonus. This MNC is also an audit client of my current employer and they told me they had completed a restructuring exercise early in 2020 so now they're hiring.

The pay package offered is really attractive to me compared to what I'm drawing now. But I'm still a bit hesitant considering the following factors:

- Heard that the oil and gas industry is not doing well and doesn't seem to have a good outlook? In terms of job security, should I be concerned?
- I've no experience in auditing any clients in the oil and gas industry. My clients are mainly focussed on pharma cos. So my knowledge of how the oil & gas industry works is close to zero (apart from basic knowledge like the upstream/downsteam activities, etc). Would it require any specialised knowledge/ skillsets to work in finance within the oil and gas industry?

Anyone working in finance within the oil and gas industry can provide some advice or help address some of these concerns? Many thanks and all help is appreciated.
As you have been offered the role, just learn on the ground.
The industry is always restructuring and you have to accept this as a reality.
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